Brio advances Santa Luz in Brazil
Brio Gold (TSX: BRIO) has finished a positive preliminary economic assessment (PEA) for its C1 underground resource at its flagship Santa Luz project in Bahia State, Brazil, adding half a…
Gold
Orca drills Morondo in Côte d’Ivoire
Orca Gold (TSXV: ORG) has begun drilling its Morondo gold property in Côte d’Ivoire, as the company expands its exploration portfolio outside its flagship gold asset in Sudan. “We’ve been…
Northern Vertex moves toward production at Moss in Arizona
Northern Vertex Mining (TSXV: NEE) has released a new preliminary economic assessment (PEA) for its Moss gold-silver mine in northwest Arizona that would double the amount of mineable material by…
Klondex tallies open-pit gold-silver resource at Fire Creek
Junior gold and silver miner Klondex Mines (TSX: KDX; NYSE-AM: KLDX) has released an initial open-pit resource that could extend the life of its Fire Creek underground mine in northern…
TNM’s most-read stories of 2017
It was another fascinating year in the mining industry, and this year’s list of most-clicked stories defies the journalistic convention of “if it bleeds, it leads”, whereby bad news generates…
Site visit: Maple Gold takes fresh look at Douay
AMOS, QUEBEC — Over the last four decades, a series of owners have carved out a resource of nearly three million ounces of gold below the 30 metres of overburden…
Filo sets stage for near-term copper production
VANCOUVER — Filo Mining (TSXV: FIL) is targeting production within five years at its flagship Filo del Sol copper-gold-silver project in the northern Chile-Argentina border region. The company was spun-out of…
Torex ends work contracts at ELG mine in Guerrero
Torex Gold Resources (TSX: TXG) has suspended the employment contracts for its workforce in Mexico in response to an illegal blockade at its El Limon-Guajes (ELG) gold mine, 180 km…
First Quantum options Northern Dynasty’s Pebble
VANCOUVER — First Quantum Minerals (TSX: FM; US-OTC: FQVLF) is the latest large mining company to place a bet on Northern Dynasty Minerals’ (TSX: NDM; NYSE-AM: NAK) controversial, wholly owned Pebble…
Rubicon wraps up 2017 exploration program at Phoenix
Rubicon Minerals (TSX: RMX; US-OTC: RBYCF) drilled 28,500 metres at its Phoenix gold project in Red Lake in 2017. Highlights from the most recent batch of assay results include a…
US markets post gains, Dec. 11-15
Gold closed at US$1,255.10 per oz., up US$6.90 per oz. on the week. The Philadelphia Gold and Silver Index rose 4.1% to 80.23 and the Dow Jones Industrial Average rose…
Sibanye tables US$383M bid for Lonmin
VANCOUVER — South Africa’s Sibanye-Stillwater (NYSE: SBGL) has launched a US$383-million, all-share bid for debt-heavy peer Lonmin (LON: LMI; US-OTC: LNMIY). If the deal closes, it would be Sibanye’s fourth…