JV video: Amex eyes gold production at Perron
Amex Exploration (TSXV: AMX; US-OTC: AMXEF) plans to release a preliminary economic assessment on its Perron gold project in Quebec within 60 days, CEO Victor Cantore says. Perron sits 110…
Metals and Minerals Markets
Guatemalan Xinka oppose Pan Am silver mine restart
A Xinka Indigenous delegation visiting Canada from Guatemala had a clear message for Escobal mine owner Pan American Silver (TSX, Nasdaq: PAAS): “No.” Escobal, suspended since a 2017 Guatemalan Supreme…
Ioneer quadruples Nevada project reserves, costs double
Australia’s Ioneer (ASX: INR) has quadrupled ore reserves at its Rhyolite Ridge lithium-boron project in Nevada, sharply increasing both the project’s mine life and its development cost. The company’s flagship…
‘One project, one review:’ BC’s Minister Brar fast-tracks mine permits, IP protection
Six months into the job, British Columbia’s Critical Minerals Minister Jagrup Brar says major mine permitting timelines have narrowed by over a third, as new mining rules are set to…
Opus One drill results at Noyell shows growth promise
Opus One Gold (TSXV: OOR) says that drilling at its Noyell project near Matagami, Quebec, has redefined management’s interpretation for the project. Hole NO-25-06 cut 8.4 metres (true width 6.6…
NGEx Minerals shares soar on Lunahuasi discovery
NGEx Minerals’ (TSXV: NGEX; US-OTC: NGXXF) shares jumped nearly 20% on Wednesday after drill results in Argentina revealed the presence of a bigger underlying porphyry system than previously thought. Drillhole…
STLLR Gold PEA ‘resets’ Tower project as capex triples
STLLR Gold’s (TSX: STLR; OTCQX: STLRF) resource and preliminary economic assessment (PEA) updates on May 15 for its Tower project in Ontario saw investors selling and its Toronto stock dropping…
Ex-LBMA exec adopts blockchain to trace gold
Sakhila Mirza must turn a decade of rule-making experience at the London Bullion Market Association (LBMA) into real-world systems as incoming president of New York-based traceability platform, Responsible Gold. Her…
$4,800 gold price in 5 years: Incrementum
Gold could exceed $4,800 per oz. by December 2030 based on a probable base-case scenario, Liechtenstein-based gold fund Incrementum outlined in its In Gold We Trust report. The report’s base-case scenario…
Ausgold solves Katanning ‘puzzle’ with new intercepts
Ausgold (ASX: AUC) on Wednesday reported multi-kilometre gold intercepts along Western Australia’s Stanley Thrust. Step-out drilling at the Katanning gold project (KGP) produced results that suggest a possible gold district,…
West Red Lake Gold’s South Austin strike extends Madsen gold zone
West Red Lake Gold Mines’ (TSXV: WRLG) latest drill results confirm the Madsen mine’s South Austin zone remains among the hottest targets in northern Ontario’s Red Lake district. Shares rose….
Mining without feasibility studies risks losing projects
Mining companies that move to production without pre-feasibility or feasibility studies face risky consequences. Though forgoing studies is rare, it can lead to costly delays and regulatory issues, Alexander Pizale,…