Sabina Gold greenlights Goose mine build in western Nunavut
Shares in Sabina Gold & Silver (TSX: SBB; OTCMKTS: SGSVF) jumped almost 4% on Wednesday after the Canadian miner formally committed to building the $610-million Goose gold mine in Nunavut….
Metals and Minerals Markets
Great Panther to delist from TSX, NYSE as it seeks creditor protection
Great Panther Mining (TSX: GPR; NYSE: GPL) has stopped trading in Toronto, and is subject to delisting both at home and in New York, after announcing it had filed for creditor…
Analysis: No reduction in tailings dam failures over the past two decades
A newly released assessment of global tailings management facilities (TMFs) data paints a jarring picture showing that relative to global mine production, there has been no improvement in the rate…
Chile to redraw constitution following voter defeat
Chile’s national mining association SONAMI has welcomed the weekend rejection of the proposed new constitution for the world’s number-one copper producer, sending lawmakers back to the drawing board to create…
O3 Mining prefeasibility outlines 10-year mine life, $435M capex for Marban gold project
O3 Mining (TSXV: OIII; US-OTC: OIIIF) has completed a prefeasibility study for its 100% owned Marban gold project, demonstrating its potential to become the next gold producer in the mining…
McEwen, Rio Tinto to jointly develop copper project in Nevada
McEwen Copper, a subsidiary of McEwen Mining (TSX: MUX; NYSE: MUX), has inked a deal with Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) that gives the global miner an option…
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…
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…
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…