TSX Venture rises, Oct. 29-Nov. 2
Shares of Cantex Mine Development soared 389% on drill results from its North Rackla silver-lead-zinc project in Yukon. The company had drilled nine holes on the project’s massive Sulphide zone,…
Zinc-Lead
Group Eleven advances on three fronts in Ireland
Ireland hosts two prospective horizons for zinc-lead mineralization: the Waulsortian limestone zone, and the deeper Pale Beds, also known as the Navan Beds. Group Eleven Resources (TSXV: ZNG) hosted a…
TSX Venture falls, Oct. 15-19
The S&P/TSX Venture Composite Index fell 4.1% to 682.16. Shares of Great Bear Resources rose 57¢ to $3.24. The company recently discovered an outcropping ultramafic rock unit with at least…
US markets end in positive territory, Oct. 15-19
The Dow Jones Industrial Average rose 0.41% to 25,444.34, while the S&P 500 Index rose 0.02% to 2,767.78. Spot gold rose 0.74% to US$1,226.50 per oz. gold. Coal producers in…
Bunker Hill Mining defaults on mine lease
In March, Bunker Hill Mining (CSE: BNKR) hosted a reception at Toronto’s Hockey Hall of Fame, where guests lined up to pose for photographs with former Maple Leafs stars Wendel…
Ascendant reduces operating costs at El Mochito in new PEA
Ascendant Resources (TSX: ASND; US-OTC: ASDRF) has tabled a new preliminary economic assessment (PEA) for its El Mochito zinc-lead mine in Honduras that increases production while reducing operating and all-in…
Medgold hunts for gold in Serbia with Fortuna Silver
Medgold Resources (TSXV: MED; US-OTC: MGLDF) is wrapping up a nearly 5,000-metre exploration program at its Tlamino gold-silver-lead-zinc project in southern Serbia that partner Fortuna Silver Mines (TSX: FVI; NYSE:…
Bunker Hill defaults on payments and terminates lease at flagship project
Bunker Hill Mining (CSE: BNKR; US-OTC: BHLL) terminated its lease and option agreement to acquire the Bunker Hill zinc-lead-silver mine in Idaho after missing US$400,000 in property payments that were…
Metallic finds more veins at Keno and McKay Hill districts
Metallic Minerals (TSXV: MMG; US-OTC: MMNGF) is wrapping up its $2.5-million summer work program in the Yukon. The company fanned out across both its Keno silver district and McKay silver-lead-zinc…
Raymond James adjusts forecasts as uranium outperforms zinc, copper in Q3
Analysts at Raymond James are lowering their forecasts for zinc and copper prices. For the fourth quarter, the analysts have changed their zinc price forecast to US$1.20 per lb. from…
MAG Silver extends underground infrastructure at Juanicipio
BEAVER CREEK, COLORADO — Development is well underway at MAG Silver’s (TSX: MAG; NYSE-AM: MAG) 44%-owned underground Juanicipio silver mine in the Fresnillo district of Zacatecas, Mexico, where it aims…
Americas Silver and Pershing Gold to merge
Americas Silver (TSX: USA; NYSE-AM: USAS), a producer with mines in the U.S. and Mexico, is merging with Pershing Gold (TSX: PGLC; NASDAQ: PGLC) in an all-share deal. Pershing’s primary…