Premier updates PEA for ‘cornerstone asset’ McCoy-Cove
Following the announcement last month of the sale of Premier Gold Mines (TSX: PG) to Equinox Gold (TSX: EQX; NYSE-AM: EQX), Premier has released an updated preliminary economic assessment for…
Silver
Lucky Friday ramp-up buoys Hecla’s 2020 silver production
Buoyed by the ramp-up of its Lucky Friday mine in Idaho, following a nearly three-year strike by unionized workers at the operation, Hecla Mining (NYSE: HL) produced 13.5 million oz….
Orla tables updated feasibility for Camino Rojo with increased reserves, longer mine life
Orla Mining (TSX: OLA; NYSE: ORLA) has released an updated feasibility study for its Camino Rojo heap leach oxide gold project in Mexico. The latest study features a 54% increase…
TSX up, Jan. 4-8
The S&P/TSX Composite Index rose 3.37% to 18,042.07 during the Jan. 4-8 trading week. The S&P/TSX Global Mining Index climbed 7.22% to 109.70, and the S&P/TSX Global Base Metals Index…
Exploration snapshot: Eight companies active in BC, NWT and the Yukon
With a strong outlook for the mining sector and few recent discoveries, companies are turning to low-risk under-explored frontiers in their search for new deposits and future mines. Below, we…
Copper Mountain reports record Q4 production
After beating its production guidance for 2020 and reporting a record fourth quarter, Copper Mountain Mining (TSX: CMMC) is guiding a further 22% increase in production this year. The B.C.-based…
Corvus expands mineralisation at Mother Lode
Corvus Gold (TSX: KOR; US-OTC: CORVF) has reported drill results from the second hole in the new northern feeder zone target on the Central Intrusive zone (CIZ) at its Mother Lode project…
Intercontinental Gold completes first zinc-silver concentrate shipment from Bolivia
Intercontinental Gold and Metals (TSXV: ICAU) has completed the first zinc-silver concentrate shipment from its toll processing facility in Bolivia. The commodity trading firm reported that the initial shipment added…
McEwen Mining completes feasibility for Fenix in Mexico
A feasibility study has outlined a nine and a half year mine life for McEwen Mining’s (TSX: MUX; NYSE: MUX) 100%-owned Fenix project in Sinaloa state, Mexico. The Fenix project…
Newcrest moves ahead with Gorbea project in Chile
Mirasol Resources (TSXV: MRZ) announced that Newcrest Mining (TSX: NCM) has exercised its option to enter the farm-in phase of its joint venture to develop the Gorbea gold project in Chile by…
Demand for energy metals “will be massive” Glencore CEO says
At Glencore’s Investor Day in early December, CEO Ivan Glasenberg kicked off his presentation by talking about how the commodities giant is “steering a Paris Agreement alignment strategy while meeting…
Almaden denied environmental permit for Ixtaca project in Mexico
Mexico’s federal permitting authority, SEMARNAT, has rejected the environmental permit application (MIA) for Almaden Minerals’ (TSX: AMM) Ixtaca gold-silver deposit, one of the country’s significant precious metal discoveries. The company…