TNM Drill Down: New Found’s Queensway South points to more discoveries
Our TNM Drill Down features the top gold assays of the week of July 21-28. Drill holes are ranked by gold grade x width, as identified by data provider Mining Intelligence….
Canada
Patriot Battery posts first Corvette lithium resource, shares dip
Patriot Battery Metals (TSXV: PMET; ASX: PMT) has delivered the long-awaited maiden resource estimate for the CV5 pegmatite at the Corvette lithium project in James Bay, Que., saying that results…
NYSE gains July 24-28 as economic growth, declining inflation offset interest rate hike
U.S. markets rose moderately during the week after investors considered an interest rate increase by the Federal Reserve to be near its last in the cycle while inflation fell and…
TSXV inches higher during July 24-28 trading week
The S&P/TSX Venture Composite Index added 13.1 points or 2.1% over the July 24-28 trading session to end at 625.1. This week, leading in terms of value gainers was Sigma…
Hudbay’s Snow Lake discovery could stretch mine life past 2038
The first discovery in a decade at Hudbay Minerals’ (TSX: HBM; NYSE: HBM) Lalor mine in Snow Lake, Man., has given it a run at finding another anchor deposit to…
Newmont teams with Teck on Galore Creek development
NovaGold Resources (TSX: NG; NYSE: NG) said on Jul. 27 it has received a further US$25 million payment from Newmont (TSX: NGT; NYSE: NEM) as part of the major’s acquisition…
Saudi firm to buy 10% stake in Vale’s energy metals business
Vale (NYSE: VALE) has inked a binding agreement with Manara Minerals, a joint venture between Saudi Arabia’s state-owned miner Ma’aden and the kingdom’s Public Investment Fund. In this deal, Manara…
Alaska petitions US Supreme Court to overturn Pebble mine veto
Alaska has filed a motion with the U.S. Supreme Court to overturn a veto blocking Northern Dynasty Minerals’ (TSX: NDM; NYSE: NAK) Pebble copper and gold project. According to the…
Explorers on high alert as challenging wildfire season rages
Canada’s most destructive wildfire season is ongoing. While conditions improve in Eastern Canada, Western Canada-focused explorers still face widespread interruptions to their summer field seasons. According to the Canadian Interagency…
Canadian gold miners post strong Q2 performance
A number of gold companies released record operating and financial results after Wednesday’s market close. Agnico-Eagle, Alamos Gold, New Gold, Perseus Mining, and Westgold Resources all reported impressive figures, beating…
Teck cuts copper guidance on lower output at QB2
Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK), Canada’s largest diversified miner, has revised down copper production targets for the year after its Quebrada Blanca 2 open-pit mine in northern Chile…
Foran Mining’s McIlvenna Bay gets environmental impact process green light
Foran Mining (TSX: FOM; US-OTC: FMCXF) has secured ministerial approval for its McIlvenna Bay project under Saskatchewan’s Environmental Assessment Act, the company said on Wednesday. This marks the end of…