US markets rise, Jan. 7-11: Hecla, Pretium, Teck
Gold prices rose 0.2% to close the trading week at US$1,286.80, while the Philadelphia Gold and Silver Index fell 0.2% to close at 71.71. The Dow Jones Industrial Average rose…
Copper
TSX Venture rises, Jan. 7-11; Cobalt 27, K92, Ascot-IDM
Shares of Cobalt 27 Capital rose 26¢ to $4.44. In January 2019, the company bought Westgold Resources’ royalty on the Mount Marion lithium mine in Western Australia for $240,400, plus…
Auryn finds copper zone at Sombrero in Peru
Auryn Resources (TSX: AUG; NYSE-AM: AUG) has found a zone of oxide copper mineralization at the Milpoc prospect, 12 km south of the Sombrero Main target on its Sombrero North…
Juggernaut drills new gold zone at Midas in BC
Juggernaut Exploration (TSXV: JUGR; US-OTC: JUGRF) has discovered a new gold zone on its Midas gold property in northwestern B.C. after drilling 6.85 grams gold per tonne over 9 metres…
Pacific Empire builds substantial land position in BC’s Babine district
Pacific Empire Minerals (TSXV: PEMC) has consolidated 90 sq. km of contiguous claims in central B.C.’s Babine copper-gold porphyry district into its Paragon copper-gold project after joining its Wasp property…
Sun Metals shows polymetallic potential at Stardust
Sun Metals (TSXV: SUNM; US-OTC: SMTTF) has announced the final results from its 15,000-metre, 2018 drill program at its Stardust polymetallic project in north-central British Columbia. Notable intercepts from the…
US markets rise, Dec. 24-28
The gold price continued a strong December push, rising 1.9% to US$1,280.40. The Philadelphia Gold and Silver Index rose 1.4% to 69.68 and the Dow Jones Industrial Average rose 2.7%…
Power Ore picks up historic Opemiska complex
Power Ore (TSXV: PORE) is buying the Opemiska copper mine complex in Quebec from Explorateurs-Innovateurs de Québec (Ex-In), a private company. Opemiska consists of two past-producing underground mines operated by…
Outlook Snapshot: Eight juniors with plans for a busy 2019
The junior exploration and development scene is still in high gear in North America, with many juniors planning for extensive work programs in 2019 at precious and base metal projects…
Wisconsin court rejects lawsuit over Aquila Resources wetlands permit
A Wisconsin district court has dismissed a lawsuit by the Menominee Indian Tribe of Wisconsin’s lawsuit against both the United States Environmental Protection Agency and the U.S. Army Corps of Engineers…
Fruta del Norte, Cobre Panama lead wave of new 2019 mines
As a new year approaches, The Northern Miner runs down 15 of the most interesting new mines scheduled to begin production in 2019. Fruta del Norte (gold) Lundin Gold The Fruta…
OSC slaps Katanga Mining, CEO, and former board members with $34.4M in penalties
The Ontario Securities Commission has fined Katanga Mining (TSX: KAT) along with former members of its board of directors, including Aristotelis Mistakidis, Glencore‘s (LON: GLEN)’s head of copper trading, for…