TNM Drill Down: Red 5 hits triple-digit gold at Darlot
Our TNM Drill Down features highlights of the best gold assays of the May 24-31 period. Drill holes are ranked by gold grade x width as identified by data company Mining…
South America
Strong returns at G2’s new Northwest target in Guyana
G2 Goldfields (TSX: GTWO; US-OTC: GUYGF) reported on Monday a new discovery at its Northwest (NW) OKO target in Guyana with intersections as strong as 8.5 grams gold per tonne…
Founders finds near-surface gold at Antino in Suriname
Drilling at Founders Metals’ (TSXV: FDR; US-OTC: FDMIF) Antino project in southeast Suriname has returned strong near-surface gold mineralization as high as 8 metres grading 6.64 grams gold per tonne…
Codelco and SQM agree on final lithium deal
Chile’s state-run copper miner Codelco and the world’s second-largest lithium producer SQM (NYSE: SQM) inked a definitive agreement on Friday to jointly exploit the country’s vast deposits in the Salar…
Cabral Gold shares rise on top-three results ever at Cuiú Cuiú project in Brazil
Drilling at Cabral Gold’s (TSXV: CBR; US-OTC: CGBZF) Machichie target has returned some of the highest-grade assays at the Cuiú Cuiú project in northern Brazil, news that saw shares jump…
Lithium Ionic study gives Bandeira project US$1.3B NPV
A new feasibility study for Lithium Ionic’s (TSXV: LTH; US-OTC: LTHCF) Bandeira project in eastern Brazil outlines an operation with a post-tax net present value (NPV) more than four times…
BHP abandons US$49B bid for Anglo
BHP (ASX: BHP) is walking away from its US$49.2 billion offer for Anglo American (LSE: AAL) after the companies couldn’t agree on how to handle the target’s platinum assets in South…
JV Video: Ecora Resources coal revenue rises as battery metals future beckons, CEO says
Ecora Resources (TSX: ECOR) saw a big uplift in coal contributions to first-quarter revenue as the Kestrel underground mine restarted in Queensland, Australia, CEO Marc Bishop Lafleche said in a…
Mining M&A slips as firms lawyer-up to fight regulators
Global mining dealmaking is falling this year but political drama and litigation are escalating in the United States and Canada, while other trends include paying premiums to get copper and…
Bravo shares soar on copper finds at Brazil PGM project
Bravo Mining (TSX.V: BRVO, US-OTC: BRVMF) shares surged more than 40% to $3.25 each, their highest level since January, after the company announced high-grade copper intercepts at its Luanga project…
Video: McEwen aims to build copper industry’s ‘jewel’ at Los Azules in Argentina
Mining entrepreneur Rob McEwen wants to build the Los Azules copper project in Argentina’s high desert with advanced mining facilities, a hotel and visitor’s centre blending into the landscape. “I’d…
Aura buys two projects near Matupá gold property in Brazil
Mid-tier gold-copper miner Aura Minerals (TSX: ORA; US-OTC: ORAAF) recently acquired two projects in Mato Grosso, Brazil, with a view of bolstering resources at its feasibility stage Matupá growth project….