Chile’s drought forces Antofagasta to cut copper guidance
The miner now expects to produce between 710,000 tonnes and 740,000 tonnes of copper this year, down from its previous forecast of 730,000 tonnes to 760,000 tonnes.
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North Arrow collects Naujaat bulk sample to test for fancy coloured diamonds
North Arrow Minerals (TSXV: NAR) has completed a 2,000-tonne bulk sample from its Naujaat diamond project in Nunavut, a key step toward discovering if the project has enough fancy coloured…
Resource nationalism sweeps top mining countries in Latin America
A move towards resource expropriation, tax and royalty increases, as well as demands for local participation in companies’ ownership–all components of resource nationalism–continues to increase, with Latin America taking centre…
SSR advances Ardich deposit near Copler gold mine towards first reserve estimate
Drilling at SSR Mining‘s (TSX: SSRM; NASDAQ: SSRM; ASX: SSR) Ardich gold deposit in Turkey has returned strong results as the company plans an initial reserve estimate slated for next…
Unigold intersects high grade outside resource envelope at Candelones project
Drilling in a new zone to the west of the Candelones Extension deposit has yielded a 16 metre intercept grading 10.78 grams gold per tonne, 68.9 grams silver per tonne,…
New Found Gold to raise $50M for exploration at Queensway, Lucky Strike
New Found Gold (TSXV: NFG; US-OTC: NFGFF) is to issue 4.4 million flow-through common shares of the company at a price of $11.39 each to fund exploration at its Queensway…
Trevali feasibility outlines US$111M capex for Rosh Pinah expansion
Trevali Mining (TSX: TV; US-OTC: TREVF) has released a feasibility study for the expansion of its Rosh Pinah zinc-lead-silver mine in Namibia to 1.3 million tonnes per year from 700,000 tonnes…
Troilus Gold drills more high grade in Quebec
It’s only been a year and a half since Troilus Gold (TSX: TLG; US-OTC: CHXMF) began drilling in the Southwest Zone at its namesake Troilus gold project, about 170 km…
Mayfair Gold reports highest grade intercept at Fenn-Gib
Mayfair Gold (TSXV: MFG; US-OTC: MFGCF) reported 63.59 grams gold per tonne over 5 metres including 200.89 grams gold over 1.5 metres at its flagship Fenn-Gib project in northeastern Ontario,…
USACE assigns a new review officer for Pebble appeal
The US Army Corps of Engineers (USACE) has assigned a new review officer to handle Northern Dynasty Minerals’ (TSX: NDM) appeal of a negative record of decision for the Pebble…
Uranium tops Morgan Stanley’s commodity thermometer
Morgan Stanley has placed uranium at the very top of its Metals and Mining Commodity Thermometer. Uranium was assigned a ‘most bullish’ thesis of 17 mined commodities under the bank’s…
The View from England: Europe’s galactic mining goals
An asteroid is heading towards Earth, but it is good news for miners and Luxembourg stands ready to help. On August 11, NASA’s Planetary Defense Coordination Office provided an update…