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…
Silver
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…
Northern Dynasty to challenge rejection on Pebble next month
Northern Dynasty Minerals (TSX: NDM; NYSE: NAK) will in January submit its request for an appeal of the U.S. Army Corps of Engineers’ (USACE’s) negative record of decision (RoD) for…
Cartier tables first resource for Benoist in Quebec
Quebec-based Cartier Resources (TSXV: ECR) has released an initial underground resource estimate for the Pusticamica deposit at its road-accessible Benoist property, 65 km northeast of Lebel-sur-Quevillon. The gold-copper-silver deposit is…
Surge Copper acquires option on 70% stake in Berg copper project
Explorer Surge Copper (TSXV: SURG) has entered into a definitive option agreement with Centerra Gold (TSX: CG) to hold the right to acquire a 70% interest in the Berg porphyry…