BMO launches coverage of Kazatomprom
BMO Capital Markets has initiated coverage of Kazakhstan-based uranium producer Kazatomprom (LON: KAP), with an outperform rating and a target price of $17 per share. The company recently listed about…
2018
Crown Mining preps Moonlight for next copper rally
Earlier this year, Crown Mining (TSXV: CWM) bought 100% of the Moonlight-Superior property in northeastern California for US$375,000 in cash and 2.75 million shares. The land package is best known…
McEwen’s Gold Bar mine on track for commercial production in Q1 2019
In a letter to shareholders, McEwen Mining (TSX: MUX; NYSE: MUX) updated its progress at the Gold Bar project in central Nevada and confirmed commercial production is expected to begin…
Kamoto Copper resumes exports after DRC lifts freeze order
Katanga Mining’s (TSX: KAT; US-OTC: KATFF) 75%-owned subsidiary, Kamoto Copper, has resumed importing and exporting materials, including production to and from the Democratic Republic of the Congo, after the government…
Site visit: Harte Gold nears commercial production at Sugar
Since its official mine opening on Oct. 24, Harte Gold (TSX: HRT; US-OTC: HRTFF) has finished commissioning its process plant and says it is on schedule to declare commercial production…
Endeavour increases indicated resource 90% at Kari Pump
Endeavour Mining (TSX: EDV; US-OTC: EDVMF) has increased the Kari Pump indicated resource at its Hounde gold mine in Burkina Faso by 40% at a $9 per oz. gold discovery…
Altamira cuts high-grade gold in Brazil
Altamira Gold (TSXV: ALTA; US-OTC: EQTRF) wrapped up this year’s trenching program at its Cajueiro gold project in Brazil by finding two gold-bearing structures on the northern end of its…
Premier Gold locks up land next to South Arturo mine
Premier Gold Mines (TSX: PGM) has signed an option agreement with Ely Gold Royalties (TSXV: ELY; US-OTC: ELYGF) to acquire its Rodeo Creek property, which sits adjacent to Premier’s South…
Azarga Uranium boosts resource at Dewey Burdock
Azarga Uranium (TSX: AZZ; US-OTC: PWURF) has increased the in-situ recovery measured and indicated resource at its Dewey Burdock uranium project in South Dakota. The project now contains 6.8 million…
Imperial Metals posts $28.6M loss in Q3
Imperial Metals (TSX: III) recorded a net loss in the third quarter of $28.6 million compared to a net loss of $1.6 million in the same quarter a year ago,…
Bunker Hill reinstates lease for historic mine
A month after defaulting on US$400,000 in lease payments for the past-producing Bunker Hill zinc-lead-silver mine property and Superfund site in the Silver Valley of Idaho, Bunker Hill Mining (CSE:…
Golden Reign and Marlin Gold merge into Mako Mining
Golden Reign Resources (TSXV: GRR; US-OTC: GRGNF) and Marlin Gold Mining (TSXV: MLN; US-OTC: MLNZF) have merged to form Mako Mining, which will begin trading on the TSX Venture Exchange,…