Mineros gains on Povernir build permit in Nicaragua
Mineros (TSX: MSA) has received the permit it needs to start building its underground mine at the Porvenir project in northeast Nicaragua. Shares gained 7%. Its subsidiary Hemco Mineros Nicaragua…
Metals and Minerals Markets
Contango targets 200,000 direct-ship oz. by 2029
Contango Ore (NYSE-A: CTGO) published its first assessment of the Johnson Tract project in southeast Alaska on Tuesday, showing positive economics and costs per ounce around a quarter of the…
Southern Cross banks $143M to fast-track Sunday Creek resource estimate
Australia’s Southern Cross Gold (ASX: SXG) raised $143 million (A$162 million) in a private placement in Canada to support work at the Sunday Creek gold-antimony project. Bankers from Stifel Nicolaus…
Agnico Eagle podcast spotlights Nunavut’s people, environment and mining
Agnico Eagle Mines (TSX, NYSE: AEM), generating about one-fifth of Nunavut’s gross domestic product, launched The Arctic Edge podcast series on Thursday. This series aims to show listeners the realities…
Yukon legislators grill PwC over Eagle Gold cleanup
A manager for the disaster-stricken Eagle mine in Yukon on Wednesday described for the legislative assembly the huge amount of work remaining in the cleanup effort. After the heap-leach pad…
Pampa Metals confirms new porphyry breccia system at Piuquenes East
Pampa Metals (CSE: PM; US-OTC: PMMCF) announced Wednesday the discovery of a new porphyry copper-gold breccia system at Piuquenes East in San Juan, northwest Argentina. Drill hole PIU-06 cut 98…
Strong drill results bode well for AbraSilver’s mid-year Diablillos update
AbraSilver Resource (TSX: ABRA; OTCQX: ABBRF) released assays Tuesday from the Diablillos project in Salta, northwest Argentina, showing mineralization extends beyond the pit boundary. At the JAC Extension zone, hole…
Sierra Madre shifts to producer as mining restarts at Mexico’s Coloso mine
Sierra Madre Gold and Silver (TSXV: SM; US-OTC: SMDRF) started mining at its Coloso mine in central Mexico on Tuesday. This comes four months after it resumed commercial operations at…
Video: Mining sector raises $11M for glioblastoma research at Daffodil ball
The mining sector helped raise $10.85 million Saturday to launch a five-year pan-Canadian glioblastoma research program, lifting the Daffodil Ball’s 29-year total to $38.85 million. Adam Lundin spoke in honour…
Zeus books bonanza silver grab samples at Great Western site in Idaho
Zeus North America Mining (CSE: ZEUS; US-OTC: ZUUZF) reported rock grab samples grading as high as 7,300 grams silver per tonne and 4.25% copper at its Great Western property in…
RANKED: World’s biggest copper mines
Copper is the metal most tied to the global economy because of its essential role in sectors from transportation to manufacturing and electrification. A growing emphasis on clean energy means…
Site visit: Fortuna Mining drives value at Lindero pit
In a lunar-like landscape high in the Argentinian Andes, workers in white hazmat suits pace the cyanide-damp heap-leach pad. They have begun stacking ore on a second stage of Fortuna…