Cameco suspends production at Cigar Lake
Cameco (TSX: CCO; NYSE: CCJ) announced today that it will temporarily suspend production at its Cigar Lake uranium mine in northern Saskatchewan over the coming weeks due to the increasing risks…
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Battle North tables McFinley zone resource with potential to supplement Bateman feed
Developer Battle North Gold (TSX: BNAU; US-OTC: BNAUF) has released a resource estimate for the McFinley zone, located along a 4-km long corridor stretching out from the F2 gold deposit…
Garrison PEA from O3 Mining suggests low-capex project
O3 Mining (TSXV: OIII) has released the results of a preliminary economic assessment on its Garrison gold project in Ontario’s Kirkland Lake region. The study suggests a ‘low capital intensity’,…
World’s largest copper miner to cut 70% of emissions by 2030
Chile’s Codelco, the world’s largest copper producer, has outlined sustainability plans in five areas of action for its operations and projects, including goals to cut carbon emissions by 70%, reduce inland…
The View from England: Gold supported by the divine proportion
What a Leap Year it has been! Quite apart from Brexit in Europe, a chaotic Presidential election in the United States and Covid-19 everywhere, we have uncertainty over the price…
US markets slip, Dec. 7-11
The Dow Jones Industrial Average fell 0.57% to finish the trading week at 30,046.37 and the S&P 500 declined by 0.96% to 3,663.46. Spot gold dropped US$24.50 per oz., or…
TSX mixed, Dec. 7-11
The S&P/TSX Composite Index rose 0.16% to 17,548.92 during the Dec. 7-11 trading week. The S&P/TSX Global Mining Index fell 0.08% to 99.28, and the S&P/TSX Global Base Metals Index…
TSX Venture rises, Dec. 7-11
The S&P/TSX Venture Composite Index rose 1.46% (11.19 points) to finish the Dec. 7-11 trading week at 780.30. Spot gold dropped US$24.50 per oz. (1.31%) to US$1,839.50 per ounce. Shares…
Rockcliff releases combined PEA for Tower and Rail in Manitoba
Rockcliff Metals (CSE: RCLF) has released the results from a preliminary economic assessment (PEA) for its 100%-owned Tower and Rail projects in the Flin Flon-Snow Lake greenstone belt in central Manitoba….
Wheaton pays $150M for share of silver output from Capstone’s Cozamin
Wheaton Precious Metals (TSX:WPM) and Capstone Mining (TSX:CS) have struck a deal whereby the streaming company will pay US$150 million for a share of the silver output from Capstone’s Cozamin…
NorZinc drilling at Prairie Creek hits high grade silver, zinc
NorZinc (TSX:NXC; OTCQB:NORZF) has received the final assays from surface drill hole PC-20-225, and the results indicate high grades of both silver and zinc. Beginning at a depth of 525.6…
Clean Air Metals brings ‘fresh set of eyes’ to Thunder Bay North
Since listing on the TSX Venture exchange in May, PGM-focused Clean Air Metals has drilled over 19,000 metres at its wholly owned 30-sq.-km Thunder Bay North project, 50 km northeast…