Newly formed KORE prepares for permitting in California
Eureka Resources acquired Kore Mining via a reverse takeover in late October, 2018. The new company took Kore’s name, stylized KORE Mining (TSXV: KORE). It filled out its management team…
Goldcorp
Hochschild boosts mine life of Inmaculada
During a presentation at its Capital Markets Day in London, Hochschild Mining (LON: HOC) announced that brownfield drilling this year at its Inmaculada underground mine in Peru has added inferred…
US markets edge lower, Sept. 3-7
The U.S. Bureau of Statistics released its job report showing that the unemployment rate remained unchanged in August at 3.9%. Base metals were down during the trading week while spot…
Bluestone’s Cerro Blanco takes shape in Guatemala
When John Robins, founder and chairman of Kaminak Gold, sold the junior to Goldcorp (TSX: GG; NYSE: GG) for $560 million in 2016, the exploration geologist and entrepreneur let it…
Eira Thomas takes the reins at Lucara
Lightning has struck more than once so far in Eira Thomas’s career of more than 25 years. The geologist famously spotted a nearly 2-carat diamond in drill core — an…
Orla Mining drills Cerro Quema in Panama
With shareholders like Goldcorp (19.9%), Pierre Lassonde (11.1%) and Agnico Eagle Mines (9.9%), Orla Mining (TSXV: OLA) isn’t your typical TSX Venture Exchange-listed junior. Management and insiders own another 7.1%…
Eastmain outlines mine plan for Eau Claire
A preliminary economic assessment (PEA) of Eastmain Resources’ (TSX: ER) Eau Claire deposit in Quebec outlines a stable operating profile of 86,100 oz. gold a year over the first 10 full…
Leagold pursues new resource at Los Filos gold mine
Leagold Mining (TSX: LMC) has tabled new step-out drill results from the underground portion of its Los Filos gold mine, 230 km south of Mexico City. The company has drilled…
Rubicon adds to resource at Phoenix in Red Lake
Rubicon Minerals (TSX: RMX; US-OTC: RBYCF) has boosted the measured and indicated resource by 113% and the inferred resource by 80% at its Phoenix gold project in Red Lake, Ont.,…
PDAC 2018: Bankers on lessons learned, exploration, finance trends
Strategic private placements, private equity and joint-venture partnerships are playing a bigger role in financing exploration and development projects in the mining sector, a group of Canadian bankers agreed during…
Probe Metals hikes resource at Val-d’Or East project
Probe Metals (TSXV: PRB; US-OTC: PROBF) has proved up more gold ounces and has greater confidence in its Val-d’Or East project after upgrading inferred ounces into the indicated category. An…
US markets fall, Feb. 5-9
Gold closed at US$1,315.7 per oz., down 1.2% over the previous week. U.S. markets suffered as the Philadelphia Gold and Silver Index fell 6.6% to 78.35, and the Dow Jones…