Crescat Capital acquiring up to 19.9% stake in Goliath Resources
Crescat joins Canadian billionaire Eric Sprott as notable strategic investors in the company.
Silver
Foran Mining receives key permit for McIlvenna Bay decline, bulk sampling
Foran Mining (TSXV: FOM; US-OTC: FMCXF) has received the initial permits allowing it to begin development of an exploration decline as part of its pre-development program at the 100%-owned McIlvenna…
Apollo Silver reports initial resource for Calico silver project in California
Apollo Silver (TSX.V: APGO; US-OTC: APGOF) has released an initial resource estimate for its Calico silver project, which CEO Tom Peregoodoff describes as “one of the largest undeveloped silver deposits”…
Integra Resources builds optionality into a compelling DeLamar development case
Integra Resources Corp. (TSXV: ITR; NYSE American: ITRG) has released a pre-feasibility study (PFS) on the DeLamar gold-silver project in Idaho, outlining a two-pronged approach to both affordable near-term and…
Skeena loses Albino Lake due to ‘incomprehensible’ decision by BC gold commissioner
Skeena Resources (TSX: SKE; NYSE: SKE) has responded to a decision by British Columbia’s Chief Gold Commissioner on the tailings in the Albino Lake storage facility at the past-producing Eskay…
Benchmark drills high-grade gold and silver near surface at Cliff Creek
Benchmark Metals (TSXV: BNCH; US-OTC: BNCHF) has drilled 73.6 grams gold per tonne and 1,738.5 grams silver per tonne over 3.1 metres at its Cliff Creek North deposit. The deposit…
Peru copper output up almost 7% despite social unrest
Copper output in Peru, the world’s second-largest producer after Chile, increased almost 7% to 2.3 million tonnes in 2021 despite several protests that paralyzed some of the country’s key operations. …
Enduro completes option for 100% of Newmont Lake in BC
Enduro Metals (TSXV: ENDR; US-OTC: ENDMF) has completed the option requirements to earn a 100% interest in the Newmont Lake copper-gold project in British Columbia’s Golden Triangle. The property is…
American mining output rises 12% y/y to US$90.4B
Operating mines in the United States generated US$90.4 billion in mineral commodities in 2021, a 12% increase year-over-year, the US Geological Survey said in the 27th annual Mineral Commodity Summaries report…
AME Roundup: B.C. mining production achieves record in 2021
The Association of Mineral Exploration’s annual Roundup event kicked off this week, providing the first opportunity for industry delegates to mingle in person at an industry event following the start…
TSX rises, Jan. 24-Jan. 28 trading week
The S&P/TSX Composite Index rose 120.36 points or 0.58% to 20,741.75 during the January 24 to January 28 trading week. The S&P/TSX Global Mining Index fell 3.20 points or 3.02%…
Fresnillo cuts production targets on Omicron labour shortage
Shares in Fresnillo (LSE: FRES) fell more than 14% after the Mexico-focused miner cut silver production forecast for 2022, saying that labour absences fuelled by the Omicron variant were expected…