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Workers at Platinum Group Metals' WBJV1 platinum project in South Africa. Source: Platinum Group Metals

Platinum Group Metals faces cash shortfall at WBJV1 project

Platinum Group Metals (TSX: PTM; NYSE-MKT: PLG) suffered a major blow late last week when Africa Wide Mineral Prospecting and Exploration announced that it would not be funding a US$21.8 million cash call for its 26% share of the WBJV1 platinum…


Sabina Gold & Silver 100%-owned Back River project in Nunavut. Source: Sabina Gold & Silver

Drilling at Back River lifts Sabina

Shares of Sabina Gold & Silver (TSX: SBB) were up 7% in mid-day trading in Toronto after the Nunavut-focused junior released more infill drill results from the Umwelt deposit, part of its 100%-owned Back River project.


Mining engineers in conversation at Uranium Energy's Palangana in-situ recovery mine. Source: Uranium Energy

Uranium Energy signs US$7.1M financing

U.S.-based uranium miner and explorer Uranium Energy (NYSE-MKT: UEC) recently lined up a US$7.1 million financing to support the growth of its South Texas exploration projects, mainly the Burke Hollow in-situ recovery property in Bee County.


Fortuna releases maiden resource at Trinidad North

VANCOUVER — Shares of Mexico-focused producer Fortuna Silver Mines (TSX: FVI; NYSE: FSM) received a boost following news of a successful drill program at the company’s San Jose silver-gold mine in Oaxaca State, Mexico. On Oct. 17 Fortuna…




Columbus cuts near-surface gold at Eastside

VANCOUVER — Shares of Nevada-focused explorer Columbus Gold (TSXV: CGT) were on the rise following the release of promising near-surface drill assays from its Eastside gold asset located 40 km due west of Tonopah, Nevada. The company’s…




Defiance Silver CEO Bruce Winfield (left) and vice-president of exploration Richard Tschauder in front of the surface trace of the Veta Grande vein at the San Acacio silver project in Mexico's Zacatecas state. Photo by Salma Tarikh.

Defiance Silver takes steady steps at San Acacio

ZACATECAS, MEXICO — Defiance Silver (TSXV: DEF; US-OTC: DNCVF) is determined to beat the odds and secure the funds it needs to bring the San Acacio project — containing the past-producing San Acacio silver mine and the Santa…


Toronto Stock Exchange, Oct. 7-11

The S&P/TSX Composite Index closed up 176 points to 12,892.11, as investors hoped for a resolution to the budget impasse south of the border. The situation was doubly bad for commodities, as lower U.S. bond prices pushed yields higher,…


U.S. markets, Oct. 7-11

U.S. markets climbed late in the week with signs that lawmakers might strike a short-term deal to avoid a debt default. The Dow Jones Industrial Average rose 1.09% to 15,237.11 and the S&P 500 advanced 0.75% to 1,703.20. Economists estimate…


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