Fura Gems tallies 6M carats of emeralds at Coscuez mine
Less than a year after acquiring a 76% stake in the Coscuez emerald mine in Colombia, Fura Gems (TSXV: FURA; US-OTC: FUGMF) has finished a maiden resource estimate that delineates…
South America
Sandy Lake’s Pat Sheridan back in Guyana
Less than two weeks after being appointed executive chairman and CEO of Sandy Lake Gold (TSXV: SLAU), Patrick Sheridan has steered the Red Lake-focused junior towards several acquisitions in Guyana….
Newcrest options Cornerstone’s Miocene
Over the last 15 years, Australian gold major Newcrest Mining (ASX: NCM) has found gold deposits in Australia, Papua New Guinea and Indonesia, and continues to explore and evaluate prospects…
Newmont forecasts ‘growing margins and reserves’
Newmont Mining (NYSE: NEM) expects its attributable gold production will reach 5.2 million ounces in 2019 and 4.9 million ounces in 2020, while attributable copper production will be 45,000 tonnes…
Arena acquires Antofalla project in Argentina
Arena Minerals (TSXV: AN) has acquired privately held Antofalla Minerals for US$400,000 in cash and 10 million common shares. Antofalla Minerals’ flagship property is its 4,000-hectare Antofalla lithium brine project…
International Lithium estimates 25-year mine life at Mariana
International Lithium (TSXV: ILC; US-OTC: ILHMF) could produce 10,000 tonnes lithium carbonate equivalent per year over a 25-year mine life at its Mariana lithium brine project, according to a recent…
TSX Venture falls, Nov. 26-30
The S&P/TSX Venture Composite Index fell 2% to 589.52. It has been on a slow but steady decline since the start of 2018. Shares of SilverCrest Metals rose 28¢ to…
Wealth Minerals to spin out copper company
Lithium-focused Wealth Minerals (TSXV: WML; US-OTC: WMLLF) says it will spin out a copper company, containing two copper exploration projects, that it plans to acquire in Chile. Wealth Copper will…
TSX mixed, Nov. 26-30
Canada’s benchmark index rose 1.24% to end the trading week at 12,197.82. The S&P/TSX Global Mining Index fell 0.19% to 62.58 and the S&P/TSX Global Gold Index fell 1.4% to…
Golden Arrow and SSR Mining begin commercial production at Chinchillas
Joint venture partners Golden Arrow Resources (TSXV: GRG; US-OTC: GARWF) and SSR Mining (TSX: SSRM; NASDAQ: SSRM) have begun commercial production at their Chinchillas silver-lead-zinc mine in Argentina’s Jujuy province….
SSR Mining takes strategic stake in SilverCrest Metals
SSR Mining (TSX: SSRM; NASDAQ: SSRM) is investing $31 million for a 9.9% stake in SilverCrest Metals (TSXV: SIL; NYSE-AM: SILV) and its Las Chispas project in Sonora, Mexico. SilverCrest…
Tinka boosts resource at Ayawilca in Peru
Additional drilling at Tinka Resources‘ (TSXV: TK) 100%-owned Ayawilca project in the zinc-lead-silver belt of central Peru, 200 km northeast of Lima, has significantly grown the project’s resource estimate from an…