Sun Metals advances Stardust
Sun Metals (TSXV: SUNM) has completed the final tranche of a $6.2-million bought-deal financing that will help it advance exploration at its wholly owned Stardust project, 250 km northwest of…
Copper
Tinka cuts high-grade zinc at Ayawilca in Peru
Vancouver-based Tinka Resources (TSXV: TK; US-OTC: TKRFF) has intersected several zones of high-grade zinc mineralization in the final hole of this year’s drill program at its wholly owned Ayawilca zinc…
BHP boosts investment in SolGold
BHP Billiton (NYSE: BHP) is spending US$22 million to boost its stake in SolGold (TSX: SOLG; LON: SOLG) to 14.7% from 11.1%, making it one of the two largest shareholders…
TSX Venture falls, Nov. 11-15: Great Bear, Aurania, Callinex, Osino
The S&P/TSX Venture Composite Index fell 1.56% to 528.58. Spot gold finished at US$1,467.90 per oz., up 0.62%. Shares of Great Bear Resources jumped 70¢, or 11.9%, to $6.57. The…
US markets move higher, Oct. 28-Nov 1: Buenaventura, Rio Tinto, Southern Copper
The Dow Jones Industrial Average rose 1.44% to 27,347.36 and the S&P 500 Index increased 1.47% to 3,066.91. Spot gold gained 0.67% to US$1514.10 per ounce. Compania de Minas Buenaventura…
Court rejects Hudbay motion to reconsider Rosemont
The U.S. District Court for Arizona has turned down Hudbay Minerals’ (TSX: HBM; NYSE: HBM) request that it reconsider its ruling in July that prevents the company from developing its…
Chile in turmoil as tensions boil over
The worst unrest in Chile in a generation threatens to overturn assumptions about one of South America’s most stable countries and the world’s leading copper producer. All it took was…
Foran advances McIlvenna Bay in Saskatchewan
Foran Mining (TSXV: FOM) is on track to complete a feasibility study before year-end on its flagship McIlvenna Bay volcanogenic massive sulphide (VMS) deposit in Saskatchewan. The deposit — situated…
Commentary: Mining’s unlikely heroines — Greta Thunberg and AOC
Left-wing darling Alexandria Ocasio-Cortez’s proposed Green New Deal, despite its flimsy 14 pages, is nothing if not all-encompassing and vaulting in its ambition. The bill was also crucial to Ocasio-Cortez’s…
SolGold discovers porphyry system in Ecuador
SolGold has discovered a new copper-gold-silver-molybdenum porphyry system at its wholly owned Cisne Loja project in southern Ecuador. The company says it found mineralized outcrops that indicate the presence of…
US markets mixed, Oct. 14-18: Agnico Eagle, AngloGold Ashanti, Newmont Goldcorp
The Dow Jones Industrial Average fell 0.17% to 26,770.20, while the S&P 500 Index rose 0.54% to 2,986.20. Gold stayed relatively flat at US$1,489.60 per oz., up 0.05% for the…
Highland Copper tables PEA for White Pine North
A preliminary economic assessment (PEA) of Highland Copper’s (TSXV: HI; US-OTC: HDRSF) White Pine North copper project in Michigan envisions a 25-year mine producing an average of 40,000 tonnes of copper…