Sudbury, Ont.-based Canadian Gold Miner has discovered a new gold zone - dubbed Behold zone - approximately 10 km south of the town of Kirkland Lake. The zone lies on the northwest edge of an 800-metre long induced polarization anomaly that occurs within a favourable structure and alteration corridor traced for more than 1.5 km.Channel sampling at the Behold zone late last year returned assays a...Read More
"Triumph Gold Triples Property Size at Andalusite Peak in NW British Columbia after Identifying Extensive Cu-Au-Ag Mineralization with Grades up to 67% Cu, 500 g/T Ag and 2.8 g/T Au @TriumphGoldCorp https://t.co/9NiiZ3Gxam"Read full newsRead More
Surge Exploration (TSX?EUR?V: SUR) announced on Wednesday that its board of directors approved a strategic reorganization of the company's assets that would spin off its interests in the "Hedge Hog" and "Mineral Mountain" exploration projects, both copper/gold projects in British Columbia, Canada.The exploration projects form a newly incorporated subsidiary, CuGold Corp. Surge will continue to hol...Read More
Surge Exploration (TSX?EUR?V: SUR) announced on Wednesday that its board of directors approved a strategic reorganization of the company's assets that would spin off its interests in the "Hedge Hog" and "Mineral Mountain" exploration projects, both copper/gold projects in British Columbia, Canada.The exploration projects form a newly incorporated subsidiary, CuGold Corp. Surge will continue to hol...Read More
Chile's Collahuasi copper mine is talking to Canada's Teck Resources Ltd about resource-sharing as the two companies embark on ambitious expansion projects, its Chief Executive Jorge Gomez said on Wednesday.Collahuasi - owned by Glencore and Anglo American - is seeking "synergies" with companies with operations close to its own mine in the Tarapaca area on the border with Bolivia, Gomez said, prin...Read More
Norwegian aluminium-maker Norsk Hydro aims to resume full production at its Alunorte alumina plant in Brazil within weeks or months, although the process still remains uncertain, Chief Executive Svein Richard Brandtzaeg told Reuters.The plant, which processes the raw material used for aluminium production, is operating at half capacity after early last year admitting it had made unlicensed emissio...Read More
Denison Mines Corp., headquartered in Toronto, has announced details of its $6-million exploration spending plans this year. Targets at Wheeler River, Waterbury Lake, and Hook-Carter properties - all in the Athabasca Basin - will be diamond drilled. At Wheeler River the drill program includes about 13,500 metres in 23 holes.At Wheeler River the drill program includes about 13,500 metres in 23 hole...Read More
Denison Mines Corp., headquartered in Toronto, has announced details of its $6-million exploration spending plans this year. Targets at Wheeler River, Waterbury Lake, and Hook-Carter properties - all in the Athabasca Basin - will be diamond drilled. At Wheeler River the drill program includes about 13,500 metres in 23 holes.At Wheeler River the drill program includes about 13,500 metres in 23 hole...Read More
Silvercrest Metals (TSXV: SIL; NYSE: SILV) continues cutting high grade mineralization at its Las Chispas silver property in Sonora, Mexico.The latest results from a phase three infill drill program at the property included 9.3 metres grading 39.66 grams gold and 3,361 grams silver, or 6,336 grams silver equivalent, from 194 metres downhole and 2.4 metres at 4.3 grams gold and 1,571.5 grams silve...Read More
Silvercrest Metals (TSXV: SIL; NYSE: SILV) continues cutting high grade mineralization at its Las Chispas silver property in Sonora, Mexico.The latest results from a phase three infill drill program at the property included 9.3 metres grading 39.66 grams gold and 3,361 grams silver, or 6,336 grams silver equivalent, from 194 metres downhole and 2.4 metres at 4.3 grams gold and 1,571.5 grams silve...Read More
In his first Discovery Watch interview of 2019, John Kaiser of Kaiser Research Online suggests that Golden Triangle driller Sun Metals (Sunny; SUNM) achieved two important accomplishments last month. Leading up to December of last year, Mr. Kaiser believes the company demonstrated via recent exploration activities that its Stardust project likely has a new dimension of higher-grade mineralization...Read More
Metso announced on October 26, 2018 its decision to invest in a new greenfield valve technology center in Jiaxing, China. The groundbreaking ceremony for the new plant took place today. The new technology center will start operations in spring 2020 and will serve the local and global markets."This is an exciting day for both Metso and our valve customers in various process industries globally - we...Read More
Iron ore's rally over the past month, with benchmark material pushing back into the $70s, is at risk as banks including Goldman Sachs Group Inc. and Morgan Stanley warn that prices are poised to drop back.While industry fundamentals have improved, current prices won't last as more supply is on the way, Goldman analysts including Hui Shan said in a note received on Wednesday. The bank expects a dec...Read More
Vancouver-based Strikepoint Gold has completed 4,304 metres of diamond drilling from surface last year at the historic Porter and Silverado mines near Stewart. The best assay was 819 g/t silver over 5.0 metres from the D vein at Porter.Other high grades with shorter intersections along the Blind vein included 2,241 g/t silver over 1.0 metre and 637 g/t over 2.0 metres. Strikepoint says this is s...Read More
Tiffany & Co. is telling consumers where its diamonds come from as the jeweler tries to become more transparent in a notoriously opaque industry. Its top executive says the change was imperative."This is a topic that has become more and more relevant for new generations," Chief Executive Officer Alessandro Bogliolo said in an interview with Bloomberg TV. "This is our duty, as a leader in diamonds,...Read More
Copper Mountain Mining of Vancouver met its 2018 full-year guidance with the production of 78.9 million lb. of copper from its Copper Mountain project 20 km south of Princeton. The mill treated 40,000 t/d with an average head grade of 0.31% copper.Copper equivalent production was 92.4 million lb., which includes 28,250 oz. of gold and 273,910 oz. of silver.Copper Mountain gave the following guida...Read More
ALX Uranium (TSXV: AL) and Denison Mines (TSX: DML) announced today they've just launched a winter diamond drilling program at the Hook-Carter uranium project located in the southwestern Athabasca Basin of Saskatchewan, Canada.The project, which is owned 80% by Denison and 20% by ALX, consists of 80 claims covering 24,229 hectares and is located approximately 375 kilometres northwest of the town o...Read More
San Marco Resources (TSXV: SMN) today announced that, following the completion of a first-phase of exploration and evaluation, experts were able to confirm the existence of a porphyry copper-molybdenum-gold system at the Esp?-ritu SMR property in northern Mexico's Sonora state.The 4697-hectare Esp?-ritu SMR property is located approximately 15 kilometres east of the town of Sahuaripa and is 100% o...Read More
Shares in Egypt-focused gold miner Centamin (LON:CEY) (TSX:CEE) nosedived Wednesday in London after the company posted a 13% drop in full-year gold output from Sukari, its only operating mine and the African country's sole bullion-exporting operation.The company produced 472,418 ounces of gold at the Sukari mine last year, compared to 544,658 ounces in 2017, due to disruptions and lower grades at...Read More
At least 40 people died and another 10 were injured in a gold mine collapse Sunday in northern Afghanistan, authorities said.Read full newsRead More