Board cites poor drainage for Eagle gold leach failure
A Yukon Independent Review Board report blames the heap-leach failure at Victoria Gold’s Eagle mine last June on poor drainage that trapped water above a weak layer in the leach…
Canada
Faraday Copper jumps on BLM exploration plan approval
Faraday Copper (TSX: FDY; US-OTC: CPPKF) got the go-ahead from the Bureau of Land Management for the next phase of exploration at its Copper Creek project in Arizona. That pushed…
Lupaka Gold skyrockets on arbitration win against Peru
Shares of Lupaka Gold (TSXV: LPK) skyrocketed to a three-year high on Wednesday after an international tribunal announced it would award the Canadian miner $65 million (C$88.3 million) in its…
B2Gold in first yellow metal pour at Goose mine
B2Gold (TSX: BTO; NYSE: BTG, NSX: B2G) has made the first gold pour at its Goose mine in southwestern Nunavut, making it the company’s first producing mine in Canada and…
NGEx cuts 7.77% copper at Lunahuasi in Argentina
Drilling by NGEx Minerals (TSX: NGEX; US-OTC: NGXXF) has returned a highlight result of 8.3 metres grading 7.77% copper, 4.01 grams gold per tonne and 191.2 grams silver at the…
Site visit: FireFly Metals seeks high-grade copper crown
BAIE VERTE, N.L. – Hundreds of metres underground inside a tunnel in northwest Newfoundland, and illuminated only by head lamps, is the precise area where FireFly Metals’ (ASX, TSX: FFM)…
Canada advances plan to freeze Giant mine’s toxic waste
Canada’s $4.4-billion plan to cope with a poisonous legacy at a former gold mine in the Northwest Territories risks complicating local efforts to find a permanent solution. Ottawa is moving…
Kinterra matches Central Asia’s bid for New World
Kinterra Capital has made an improved offer to buy Australia’s New World Resources (ASX: NWC) as it looks to beat London-listed Central Asia Metals (LSE: CAML) in the takeover battle. On…
Arizona Metals plunges as Kay resource disappoints
Arizona Metals (TSX: AMC; OTCQX: AZMCF) shares plunged to their lowest level in more than four years after a long-awaited initial resource estimate for the company’s Kay polymetallic project revealed a…
BHP builds $10.6B Jansen mine for potash footprint
The biggest private investment in Saskatchewan history is nearing the finish line. BHP (NYSE, LSE, ASX: BHP) is more than 60% of the way towards completing stage one of the…
US Antimony’s Fostung buy to offer Canadian tungsten
United States Antimony (NYSEA: UAMY) plans to fast-track development of its new Fostung tungsten property in Ontario, it said Friday. U.S. Antimony, based in Dallas, paid $5 million (C$6.9…
Mali to restart production at Barrick’s Loulo‑Gounkoto
Mali’s government plans to restart operations at Barrick Mining’s (TSX: ABX; NYSE: B) Loulo‑Gounkoto gold complex under a court-appointed temporary administrator after seizing control earlier this month, according to a…