TNM Drill Down: Top gold assays for the week Aug. 26 to Sept. 2
Welcome to our weekly feature, TNM Drill Down, focusing on the top gold assays of the past week. Assays are ranked by gold grade x width, as identified by our…
2022
JV Article: Outcrop Silver on cusp of Santa Ana resource estimate
The Frias underground mine on Outcrop Silver and Gold’s (TSXV: OCG; US-OTC: OCGSF) Santa Ana land package in Colombia produced 7.8 million ounces of silver at an average recovered grade…
Spending details of $3.8B Critical Minerals Strategy expected in fall, says government
Details of how the federal government plans to spend its multi-billion dollar Critical Minerals Strategy will be announced sometime in the Fall, says Natural Resources Canada.The Strategy was announced in…
Turquoise Hill’s top five investor rejects Rio Tinto’s bid
Sailingstone Capital Partners, the fifth-biggest investor in Turquoise Hill Resources (TSX: TQR), is ready to put the brakes on Rio Tinto’s (NYSE: RIO; LSE: RIO; ASX: RIO) intended US$3.3 billion…
Nighthawk Gold reports new results from Colomac project in NWT
Nighthawk Gold (TSX: NHK; US-OTC: MIMZF) has released new drill results from three of the five Colomac Centre deposits at its Colomac project in the Northwest Territories, about 200 km…
Barrick sells 22 royalties to Maverix Metals for up to US$60 million
Maverix Metals (TSX: MMX; NYSE-AM: MMX) is acquiring 22 royalties from Barrick Gold (TSX: ABX; NYSE: GOLD) including a 1% royalty on Skeena Resources’ (TSX: SKE; NYSE: SKE) Eskay Creek…
Lucapa finds Angola mine’s sixth-largest white diamond
Australia’s Lucapa Diamond (ASX: LOM) has recovered a 160-carat white Type IIa diamond at its prolific Lulo mine in Angola, the sixth-largest recovered at the operation to date. The diamond was found at the…
Moody’s cuts metals price calls amid slowing global growth
Credit rating firm Moody’s Investors Service has pared down its 12-month price outlook for a basket of metals and mining commodities, citing a global economic slowdown and softening demand. Essential…
Mining industry on track to meet decarbonization targets, say analysts
The availability of risk capital for miners is biased towards those with concrete plans for achieving net-zero emissions targets by 2030, says Keith Russell, global director for energy transition, purpose…
TNM Drill Down: Top Ten copper drill results year to date
Copper is known by several monikers: The red metal for its colour; Dr. Copper because its price is a reliable economic indicator; and now, the “green metal” for its central importance…
McEwen Copper completes US$81.9M financing, including US$25M investment by Rio Tinto
McEwen Copper, a subsidiary of McEwen Mining (NYSE: MUX; TSX: MUX), has closed the third and final tranche of its previously announced private placement of common shares priced at US$10 each….
Marathon Gold board gives nod to Valentine mine build in Newfoundland
Marathon Gold (TSX: MOZ) is moving ahead with its proposed Valentine open-pit gold mine in central Newfoundland after the company’s board approved construction. “The company’s decision to proceed with construction…