Rubicon tackles bulk sample at F2 gold deposit
Rubicon Minerals (TSX: RMX; US-OTC: RBYCF) has begun processing between 25,000 and 30,000 tonnes of mineralized bulk sample taken from the F2 deposit at its Phoenix gold project near Red…
Canada
Hecla scores US$12M profit in Q2
Precious metals miner Hecla Mining (NYSE: HL) has posted a second quarter profit of US$11.9 million on sales revenue of US$147.3 million, powered in large part by a significant decline…
Minerals commentary: Replenishing the diamond pipeline is a daunting task for miners
Given that most of the highly economic diamond deposits in the world have already been put into production, diluted via expansion or depleted, going forward the economics of diamond mines…
Site visit: Fission pushes PLS forward in Athabasca
PATTERSON LAKE, SASK. — Fission Uranium (TSX: FCU; US-OTC: FCUUF) is in the midst of a $6.4-million, mid-year work program at its near-surface Patterson Lake South (PLS) uranium project in northwestern Saskatchewan….
Landore tallies gold resource at Bam north of Thunder Bay
Guernsey, U.K.-based junior Landore Resources (LON-AIM: LND) has tallied a new resource estimate for the Bam gold deposit on its 100%-owned Junior Lake gold property, located 235 km northeast of…
Osisko Royalties ups Q2 cash flow by 40%
Osisko Gold Royalties (TSX: OR; NYSE: OR) reported strong second quarter financials including $19.7 million in cash flow, a 40% increase over the same quarter last year. It also repaid…
Nevsun reports Q2 loss amidst Lundin takeover bid
Nevsun Resources (TSX: NSU; NYSE: NSU) reported a US$10.8 million loss in the second quarter of 2018, an US$11.3 million decline from the first quarter. Lower zinc prices and mined…
Chris Stewart leaving Treasury to join McEwen Mining
Intermediate gold and silver miner McEwen Mining (TSX: MUX; NYSE: MUX) is picking up a new president and chief operating officer in the form of mining engineer Chris Stewart, who…
Editorial: C-suite departures hit Barrick, Teck, Lundin
The sudden and unexpected departure in late July of Barrick Gold president Kelvin Dushnisky — and more tellingly, the lack of a named replacement and the unusual vacancy in Barrick’s…
Copper Mountain positioned for growth at flagship mine in BC
Copper Mountain Mining (TSX: CMMC; US-OTC: CPPMF) is wrapping up the second phase of a three-part exploration program at its New Ingerbelle copper property, 1 km west of its Copper…
McEwen increases gold production in Q2
McEwen Mining (TSX: MUX; NYSE: MUX) has reported strong second quarter financial and production results, largely building on last year’s results. The company produced 36,959 oz. gold in the second…
Commentary: The graphite opportunity within the EV boom
One cannot open the paper or go online these days without seeing articles about the rosy future for electric vehicles (EVs) and grid storage, and the resultant growth in lithium…