Silver

A worker handles drill rods at Duluth Metals and Antofagasta's Twin Metals copper-nickel-PGM project in Minnesota. Credit: Duluth Metals

Price tag for Duluth’s Twin Metals nears US$3B

The release of a prefeasibility study estimating that its Twin Metals copper-nickel-platinum group metals joint-venture project would cost US$2.8 billion to build sent Duluth Metals (TSX: DM; USOTC: DULMF) shares tumbling by more than 25%.



Turquoise Hill Resources' Oyu Tolgoi gold-copper mine in Mongolia, 80 km north of the Mongolia-China border. Credit: Turquoise Hill Resources

Tax dispute adds doubt to Oyu Tolgoi’s UG expansion

Turquoise Hill Resources’ (TSX: TRQ; NYSE: TRQ) second-quarter results were overshadowed by a tax dispute with the Mongolian government, among other concerns, relating to its Oyu Tolgoi gold–copper mine in the country’s South…




Newstrike Capital CEO Richard Whittall at the Ana Paula gold project in Guerrero state, Mexico. Credit: Newstrike Capital

Ana Paula will be profitable, Newstrike’s Whittall says

Newstrike Capital (TSXV: NES; US-OTC: NWSKF) president and CEO Richard Whittall is certain the upcoming preliminary economic assessment (PEA) on the company’s 2.25 million oz. Ana Paula gold project will prove it’s a…


A core-storage facility at Aquila Resources' Back Forty gold-zinc project in Michigan's Upper Peninsula. Credit: Aquila Resources

Aquila rises on positive PEA for Back Forty

Shares of Aquila Resources (TSX: AQA; US-OTC: AQARF) rose 15% after the Toronto-based firm published an updated preliminary economic assessment (PEA) for its gold- and zinc-rich Back Forty project in Michigan’s Upper Peninsula.


Timmins Gold doubles Q2 profits

Timmins Gold (TSX: TMM; NYSE-MKT: TGD) has reported a second-quarter profit of US$3.2 million, or US2¢ per share, which is double the amount earned a year ago, but below the consensus estimate of US4¢ per share.


Northwest Territories' Premier Bob McLeod.

Building roads to resources a priority, says NWT premier

Mining is the largest industrial sector in the Northwest Territories (NWT), and building transportation and other important infrastructure is the key to unlocking its potential, NWT Premier Bob McLeod said at a symposium in Toronto on Aug. 6.



Equipment at Kerr Mines' past-producing Copperstone gold mine in Arizona. Credit: Kerr Mines.

San Gold to merge with Kerr Mines

Winnipeg-based junior miner San Gold (TSX: SGR; US-OTC: SGRCF) is merging with Toronto-based explorer and developer Kerr Mines (TSX: KER; US-OTC: AISDC). San Gold intends to use the skills it honed turning around its Rice Lake gold mine complex…


Coeur Mining's Palmarejo gold-silver mine, 420 km southwest of the city of Chihuahua, Mexico. Credit: Coeur Mining

Coeur revamps Palmarejo mine plan

VANCOUVER — It’s been almost six years since U.S. producer Coeur Mining (TSX: CDM; NSYE: CDE) last released a mine plan for its wholly owned Palmarejo gold–silver operation, 420 km southwest of Chihuahua, Mexico, and a…


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