Glass half-full economy powers gold higher
“Stable but underwhelming growth” is what the International Monetary Fund has projected in its World Economic Outlook, released in late October. With wars in Ukraine and on two Israeli borders…
Silver
Blue Moon appoints ex-Adventus CEO with M&A record after board shakeup
Blue Moon Metals (TSXV: MOON; US-OTC: BMOOF), a small developer that’s seen a shareholder battle over dilutive capital raisings, has chosen former Adventus Mining CEO Christian Kargl-Simard as its new head. The…
Excellon plans return to silver mining next year with Mallay mine deal in Peru
Excellon Resources (TSX: EXN; NYSE: EXN) has announced a deal to buy the past-producing Mallay silver mine in Peru, bringing the company back into silver production by mid-2025. The transaction…
Arizona Metals finds new copper-gold zone at Kay site
Arizona Metals (TSX: AMC; US-OTC: AZMCF) has discovered a new lens of mineralization in its Kay deposit on the namesake copper-gold project, outside the known deposit’s edge, the company reported…
Fireweed grows Boundary target beyond zinc-lead-silver resource in Yukon
Drill results from Fireweed Metals’ (TSXV: FWZ; US-OTC: FWEDF) Macpass project, which could hold one of the world’s largest undeveloped zinc deposits, expand an area outside of a resource update…
Bunker Hill in line for US$150M federal bank loan for Idaho silver project
Bunker Hill Mining (CSE: BNKR) says the Export-Import Bank of the United States may loan it US$150 million to help restart and expand the past-producing Bunker Hill silver mine project in Idaho….
Adriatic Metals gets green light for new dry-stack tailings facility
Europe-focused Adriatic Metals (ASX: ADT; LSE: ADT1) has received government approval to begin building a mining waste storage facility for its Vares silver mine at the Veovaca site in Bosnia…
Collective’s new high-grade find could lift Guayabales economics, analyst says
Collective Mining (TSX: CNL; NYSE: CNL) says it’s discovered a new high-grade gold zone about 1 km deep at the Guayabales project in Colombia that can increase its resource. The find,…
Silvercorp, Salazar to kick off Ecuador mine construction in early 2025
Silvercorp Metals (TSX: SVM; NYSE: SVM) and Salazar Resources (TSXV: SRL) are gearing up to kick off construction of their Curipamba-El Domo copper-gold mine in Ecuador in early 2025. After receiving…
K92 says drilling shows bulk mining promise at Arakompa, near flagship PNG mine
Drill results from K92 Mining’s (TSX: KNT) pre-resource stage Arakompa gold-silver-copper project in Papua New Guinea has extended the strike to 750 metres, showing high-grade veins and bulk-mineable zones. Among…
Hochschild posts best quarterly results in five years as new Brazil mine ramps up
Shares in precious metals producer Hochschild Mining (LSE: HOC) jumped on Wednesday after it posted its best quarterly performance in almost five years, thanks mainly to its Mara Rosa mine…
Silver Tiger shares slide on prefeasibility for El Tigre project in Mexico
A prefeasibility study released Tuesday tabled strong economics and a quick payback for Silver Tiger Metals’ (TSXV: SLVR; US-OTC: SLVTF) El Tigre silver-gold project in Sonora, Mexico. The report pinned…