Hudbay’s Snow Lake discovery could stretch mine life past 2038
The first discovery in a decade at Hudbay Minerals’ (TSX: HBM; NYSE: HBM) Lalor mine in Snow Lake, Man., has given it a run at finding another anchor deposit to…
Silver
Top ten US juniors to mid-tiers, outside of precious metals, coal
Nuclear fuel providers again led the largest United States-based junior and mid-tier mining companies valued from US$250 million to US$2 billion, excluding precious metals and coal producers. The data as…
Foran Mining’s McIlvenna Bay gets environmental impact process green light
Foran Mining (TSX: FOM; US-OTC: FMCXF) has secured ministerial approval for its McIlvenna Bay project under Saskatchewan’s Environmental Assessment Act, the company said on Wednesday. This marks the end of…
Highland Copper lands private equity partner for Michigan copper-silver project
Highland Copper Company (TSXV: HI) has published a positive new preliminary economic assessment (PEA) for its White Pine North project in Michigan, and at the same time, clinched a new…
South32 takes US$1.3B charge on Arizona project
Australia’s South32 (ASX: S32; LSE: S32) announced on Monday a US$1.3 billion ($1.7 billion) non-cash impairment expense on its Hermosa zinc-lead-silver project in southern Arizona, which will be reflected in…
Excellon Resources’ shares drop after failed bid to acquire La Negra silver mine
Excellon Resources’ (TSX: EXN; NYSE: EXN) shares plummeted following the news that its $50-million planned acquisition of the past-producing La Negra silver mine in Mexico, announced in January, has fallen…
Austral Gold begins commissioning of Chilean heap reprocessing project
Austral Gold (TSXV: AGLD; ASX: AGD) has started commissioning its heap reprocessing project at the Guanaco-Amancaya mine complex in Antofagasta, Chile, with production is expected later this month. For the…
Westhaven Gold PEA gives Shovelnose 534,000-oz output over 9.5-year life
Westhaven Gold‘s (TSXV: WHN) Shovelnose gold project in south-central British Columbia could produce a total of 534,000 oz. gold and 2.7 million oz. silver over 9.5 years, according to a…
First Majestic upbeat on drill results from Mexico mines, Jerritt Canyon in Nevada
First Majestic Silver (TSX: FR; NYSE: AG) has delivered positive drilling results from its San Dimas and Santa Elena mines in Mexico and the Jerritt Canyon project in Nevada. In…
U.S. indexes rise during July 10-14 trading week
The Dow Jones Industrial Average rose 564.63 points or 1.7% to 34,509.03 and the S&P 500 gained 95.9 points or 2.17% over the week to 4,505.42. The week’s top value…
TSX books solid rise over July 10-14 trading week
Over the July 10-14 trading week, the S&P/TSX Composite Index advanced 451.38 points or 2.3% to 20,262.07. The S&P/TSX Global Mining Index rose 6.28 points or 6% to 110.58 and…
US Gold granted key permit for CK gold project in Wyoming
U.S. Gold (NASDAQ: USAU) has been granted a key permit that allows the company to proceed with construction at its proposed CK gold-copper-silver mine in Wyoming. The industrial siting permit…