Nevsun reports Q2 loss amidst Lundin takeover bid
Nevsun Resources (TSX: NSU; NYSE: NSU) reported a US$10.8 million loss in the second quarter of 2018, an US$11.3 million decline from the first quarter. Lower zinc prices and mined…
Zinc-Lead
Aquila tables feasibility study for Back Forty in Michigan
Nearly two months after receiving its final environmental permit, Aquila Resources (TSX: AQA; US-OTC: AQARF) has tabled a positive feasibility study for its Back Forty polymetallic project, located 19 km…
Friedland: Ivanhoe is ready for the energy revolution
VANCOUVER — Robert Friedland, executive chairman of Ivanhoe Mines (TSX: IVN, US-OTC: IVPAF), was in fine form during his presentation at the Sprott Natural Resource Symposium in Vancouver in mid-July….
Canada’s top-10 base metal juniors
The Northern Miner has listed the top-10 base metal and uranium juniors — with no production, and which are not a royalty company — headquartered in Canada, arranged by market…
Lundin Mining makes new bid for Nevsun
In its second major overture in three months, Lundin Mining (TSX: LUN) said it plans to offer US$1.4 billion in cash for Nevsun Resources (TSX: NSU; NYSE: NSU). Lundin Mining…
Nevsun’s Bisha not going away any time soon
It looks like the Bisha zinc-copper mine in Eritrea is going to be around a little longer — or perhaps a lot longer than most would have expected, after its…
TSX Venture falls, June 11-15
The S&P/TSX Venture Composite Index ended the trading week down once again, falling 2.6% to 754.4. Shares of Cantex Mine Development rose 18¢ to 33¢. The company said it…
South32 offers US$1.3B for Arizona Mining
After taking an initial 15% stake in junior zinc developer Arizona Mining (TSX: AZ) in April 2017 for US$81 million and boosting it to 17% over the next year for…
Central America Snapshot: Seven juniors advance gold, silver and zinc assets
While often overshadowed by larger mining countries to the north and south, Central America is an enticing destination for mineral explorers and developers interested not only in the region’s gold…
Fireweed Zinc advances Macmillan Pass in Yukon
Fireweed Zinc (TSXV: FWC; US-OTC: FWEDF) could leverage open-pit mining to fund underground development at its 470 sq. km Macmillan Pass zinc-lead-silver project in the Yukon, according to its new…
Ascendant turns around El Mochito
Since Ascendant Resources (TSX: ASND; US-OTC: ASDRF) acquired the El Mochito zinc-lead-silver mine from Nyrstar for just US$500,000 in December 2016, the company has increased production 81% and cut costs…
Millbrook pens exploration contract with Cuban gov’t
In late April, privately held Millbrook Minerals became the first copper-zinc explorer to sign an International Economic Association (IEA) contract with Cuban state mining company GeoMinera. The document permits Millbrook…