Coast Copper releases assay results from Empire mine property
Coast Copper (TSX-V: COCO) has intersected high grade copper and gold at its Raven Bluff and Raven pit targets, 200 metres north of the past-producing Merry Widow open pit mine…
Gold
American mining output rises 12% y/y to US$90.4B
Operating mines in the United States generated US$90.4 billion in mineral commodities in 2021, a 12% increase year-over-year, the US Geological Survey said in the 27th annual Mineral Commodity Summaries report…
AME Roundup: B.C. mining production achieves record in 2021
The Association of Mineral Exploration’s annual Roundup event kicked off this week, providing the first opportunity for industry delegates to mingle in person at an industry event following the start…
Amplats sells stake in two mines to rival Sibanye-Stillwater
Anglo American Platinum (Amplats) has agreed to sell its 50% stake in the Kroondal and Marikana platinum group metals mines in South Africa for just 1 rand ($0.0643) to rival…
Perseus Mining secures key stakes in two African gold assets
Perseus Mining (TSX: PRU; ASX: PRU) has struck a deal to acquire a 15% stake in Canadian junior Orca Gold (TSX: ORG) from Resolute Mining (ASX: RSG), which will give…
TSX rises, Jan. 24-Jan. 28 trading week
The S&P/TSX Composite Index rose 120.36 points or 0.58% to 20,741.75 during the January 24 to January 28 trading week. The S&P/TSX Global Mining Index fell 3.20 points or 3.02%…
Radisson Mining releases “high-grade” drill results from O’Brien project
Radisson Mining (TSXV: RDS; US-OTC: RMRDF) has reported high-grade gold intercepts from its 100% owned O’Brien gold project located along the Larder-Lake-Cadillac Break in Quebec, between the mining towns of Rouyn-Noranda…
Pure Gold raises $25M to ramp up Red Lake mine; AngloGold ups stake
Pure Gold (TSXV: PGM; LSE: PUR) is raising $25 million in two separate financings with which to ramp up production at its PureGold mine in Red Lake, Ontario. The company…
Tanzanian Gold pins its hope on a three-pronged approach at Buckreef
Tanzanian Gold (TSX: TNX; NYSE: TRX) believes a three-pronged approach to developing its 2-million-ounce Buckreef project could lead to Tanzania’s next national mining success story, CEO Stephen Mullowney tells The Northern Miner. Situated about 45 km to the west of Barrick Gold’s (TSX: ABX; NYSE: GOLD) Bulyanhulu gold mine and nearly…
New Age Metals, Nipissing FN sign MOU for River Valley palladium project
New Age Metals (TSXV: NAM; US-OTC: NMTLF) has signed a memorandum of understanding (MOU) with the Nipissing First Nation. The agreement covers the exploration of New Age Metals’ River Valley…
Osisko confirms new high-grade zone at Golden Bear
Osisko Mining (TSX: OSK) continues to expand its Golden Bear discovery about 1,000 metres north of its Windfall gold project in Eeyou Istchee James Bay, Quebec. A new zone (the…
Fresnillo cuts production targets on Omicron labour shortage
Shares in Fresnillo (LSE: FRES) fell more than 14% after the Mexico-focused miner cut silver production forecast for 2022, saying that labour absences fuelled by the Omicron variant were expected…