Ivanhoe tests area near Kamoa North discovery hole
In January, Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) reported a 22-metre intercept of 13.05% copper at a 2% cut-off in a shallow, flat-lying discovery sitting within 190 metres of surface…
Copper
Boreal pursues new VMS zone at Gumsberg in Sweden
Just a few months after finishing a nine-hole, 1,600-metre drill program at its Gumsberg zinc-silver-lead project in Sweden, Boreal Metals (TSXV: BMX) has begun drilling the project again. The campaign,…
Troubadour reviews Zeballos gold camp in BC
Troubadour Resources (TSXV: TR; US-OTC: TROUF) is midway through a due diligence program on its 13 sq. km Privateer gold property near the town of Zeballos, on Vancouver Island’s northwest…
TSX mixed, March 18-22: Barrick, INV and Seabridge
Canada’s benchmark index fell 0.31% to 16,089.22. The S&P/TSX Global Mining Index rose 1.4% to 75.07 and the S&P/TSX Global Gold Index rose 2.8% to 199. The gold price rose…
US markets down, March 18-22: Vale, Wheaton Precious Metals and Franco-Nevada
The Dow Jones Industrial Average fell 1.34% to finish the trading week at 25,502.32, and the S&P 500 Index lost 0.77% to end the week at 2,800.71. Spot gold rose…
TSX Venture rises, March 18-22: Macarthur, Luminex and Mirasol
Shares of Macarthur Minerals rose 100% to 10¢. The company signed a life-of-mine offtake agreement to sell Glencore International iron ore that could be produced from Macarthur’s Lake Giles iron…
Kinross takes 9.7% stake in Wolfden
Kinross Gold (TSX: K; NYSE: KGC) has acquired 12.5 million shares of Wolfden Resources (TSXV: WLF) at 20¢ each for $2.5 million, resulting in a 9.7% stake in the junior…
Sandspring rethinks Toroparu in Guyana
Sandspring Resources (TSXV: SSP; US-OTC: SSPXF) is putting the finishing touches on a preliminary economic assessment (PEA) for its Toroparu gold project in Guyana that rescopes the project’s prefeasibility study…
Toachi advances La Plata project in Ecuador
Toachi Mining (TSXV: TIM) is trenching its Guatuza gold-copper target at its La Plata volcanogenic massive sulphide (VMS) project in Ecuador. It plans to drill Guatuza in the second half…
Turquoise Hill income surges in 2018
Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) reported 2018 income of US$394.3 million — a 255.4% jump over 2017’s US$110.9 million — driven by an increase in gold production and…
Salazar Resources set to dust off neglected portfolio
After riding out a decade of political and market instability, Ecuador-focused junior Salazar Resources (TSXV: SRL) has emerged with funds and a new focus to explore its portfolio of early-stage…
CIBC upgrades Imperial Metals with Newcrest investment in Red Chris
Imperial Metals ’ (TSX: III) deal with Newcrest Mining (ASX: NCM) to sell a 70% stake in its Red Chris mine in British Columbia averts a “liquidity crunch” for the…