TSX mixed, Nov. 26-30
Canada’s benchmark index rose 1.24% to end the trading week at 12,197.82. The S&P/TSX Global Mining Index fell 0.19% to 62.58 and the S&P/TSX Global Gold Index fell 1.4% to…
Copper
Flin Flon mining to stop in 2021, Hudbay memo says
Despite its best efforts, the “most likely scenario” is that in 2021, mining operations will cease in Flin Flon, Man., an internal memo to employees at Hudbay Minerals (TSX: HBM;…
Tinka boosts resource at Ayawilca in Peru
Additional drilling at Tinka Resources‘ (TSXV: TK) 100%-owned Ayawilca project in the zinc-lead-silver belt of central Peru, 200 km northeast of Lima, has significantly grown the project’s resource estimate from an…
Mirasol explores in Argentina, Chile
Mirasol Resources (TSXV: MRZ; US-OTC: MRZLF) is about to do something it doesn’t do often: drill one of its own projects. The Argentina- and Chile-focused precious metals project generator is…
Delrey completes IPO, explores Sunset cobalt project in BC
Delrey Metals (CNSX: DLRY) has finished its $165,000 phase one exploration program at its Sunset cobalt-copper-zinc property in southwest British Columbia. In September 2018, the company took 708 soil samples…
Nevada Sunrise preps for first drilling at Coronado
The U.S. Bureau of Land Management recently granted Nevada Sunrise Gold (TSXV: NEV; US-OTC: NVSGF) permits to drill the company’s newly optioned Coronado volcanogenic massive sulphide (VMS) project, located 48…
Crown Mining preps Moonlight for next copper rally
Earlier this year, Crown Mining (TSXV: CWM) bought 100% of the Moonlight-Superior property in northeastern California for US$375,000 in cash and 2.75 million shares. The land package is best known…
Kamoto Copper resumes exports after DRC lifts freeze order
Katanga Mining’s (TSX: KAT; US-OTC: KATFF) 75%-owned subsidiary, Kamoto Copper, has resumed importing and exporting materials, including production to and from the Democratic Republic of the Congo, after the government…
Imperial Metals posts $28.6M loss in Q3
Imperial Metals (TSX: III) recorded a net loss in the third quarter of $28.6 million compared to a net loss of $1.6 million in the same quarter a year ago,…
Talon Metals tables PEA for Tamarack North
Talon Metals (TSX: TLO; US-OTC: TLOFF) has announced a preliminary economic assessment for the Tamarack zone at its Tamarack North nickel-copper-cobalt project in Minnesota. The study assigns the project a…
Romanian gov’t grants Euro Sun license for Rovina
Euro Sun Mining (TSX: ESM) has become the first non-state-owned entity to receive a ratified mining license for its Rovina Valley copper-gold project in Romania, signalling that the East European…
Permitting delayed at Black Butte in Montana
Permitting at Sandfire Resources America’s (TSXV: SFR; US-OTC: SRAFF) Black Butte copper project in Montana has been delayed by a new statewide standard for nitrogen during the growing season. The…