Mining Articles

Lundin lowers costs, ups reserves for Ecuador's largest underground mine

Sep. 19, 2018, 9:06 AM / Cecilia Jamasmie

Canada's Lundin Gold (TSX:LUG), which tried buying Nevsun Resources (TSX, NYSEMKT:NSU) earlier this year, has updated the project estimate for its flagship Fruta del Norte gold project in Ecuador, on track to kick off production in Spring next year.The asset, discovered in 2006, is expected to produce to 4.6 million ounces of gold over a 15 year mine life. That's 73,000 ounces more than what was i...Read More

Lundin lowers costs, ups reserves for Ecuador's largest underground mine

Sep. 19, 2018, 9:06 AM / Cecilia Jamasmie

Canada's Lundin Gold (TSX:LUG), which tried buying Nevsun Resources (TSX, NYSEMKT:NSU) earlier this year, has updated the project estimate for its flagship Fruta del Norte gold project in Ecuador, on track to kick off production in Spring next year.The asset, discovered in 2006, is expected to produce to 4.6 million ounces of gold over a 15 year mine life. That's 73,000 ounces more than what was i...Read More

Metminco jumps into the battery metals wagon with nickel project buy

Sep. 19, 2018, 6:00 AM / Cecilia Jamasmie

Junior explorer Metminco (ASX, LON:MNC) is joining the craze for securing battery metals sources by grabbing the Jejevo nickel project in the Solomon Islands, Oceania, east of Papua New Guinea.The company is doing so by buying Sunshine Metals in a scrip transaction that will give it 80% of the project, on the country's Santa Isabel island, and an 80% interest in an early stage bauxite prospect,...Read More

Kirkland Lake Gold almost doubles stake in Osisko Mining

Sep. 19, 2018, 3:31 AM / Cecilia Jamasmie

Kirkland Lake Gold (TSX, NYSE:KL) has almost doubled its stake in fellow Canadian precious metals explorer Osisko Mining (TSX:OSK) by acquiring about 15 million common shares for around C$25 million ($19m) in cash.With the investment, the Toronto-based miner increased its interest from the existing 8.58% to 13.61%, while its shareholding in Osisko now stands at 32,627,632 shares.The move also ex...Read More

Kirkland Lake Gold almost doubles stake in Osisko Mining

Sep. 19, 2018, 3:31 AM / Cecilia Jamasmie

Kirkland Lake Gold (TSX, NYSE:KL) has almost doubled its stake in fellow Canadian precious metals explorer Osisko Mining (TSX:OSK) by acquiring about 15 million common shares for around C$25 million ($19m) in cash.With the investment, the Toronto-based miner increased its interest from the existing 8.58% to 13.61%, while its shareholding in Osisko now stands at 32,627,632 shares.The move also ex...Read More

Friday Night Inc. (#CSE: $TGIF // #OTCQB: $TGIFF) Announces Name Change to 1933 Industries Inc. (@1933Industries) a...

Wed Sep 19 00:41:13 2018 / 1933 Industries

"Friday Night Inc. (#CSE: $TGIF // #OTCQB: $TGIFF) Announces Name Change to 1933 Industries Inc. (@1933Industries) and Continuation Into B.C. [https://t.co/GbivLUvB5q ...]#POTstocks #investing #stocks #stockmarket #trading #investors #news #business #investments #hemp #cannabis"Read full newsRead More

Miner offers a rare shot at uranium and lithium

September 19, 2018 / Resource World

Location map of the Plateau Energy Metals Peruvian Project. Source: Plateau Energy Metals Inc.Plateau Energy Metals Inc. [PLU-TSXV; PLUUF-OTCQB; QG1-FSE] says the company is positioning itself to be a big player in both the lithium and uranium sectors.It hopes to achieve that goal by continuing to develop a growing lithium and uranium resource at its Falchani Project in Peru. The project is locate...Read More

SilverCrest releases updated estimate for Mexico project

September 19, 2018 / Resource World

Drilling at the SilverCrest Las Chispas property in Sonora, Mexico. Source: SilverCrest Metals Inc.SilverCrest Metals Inc. [SIL-TSXV; SVCMF-OTCQX] said Wednesday September 19 that it has updated its mineral resource estimate for the Las Chispas property in Sonora, Mexico.The company is now looking ahead to a further resource update and a Preliminary Economic Assessment (PEA) due in the first quart...Read More

Kirkland Lake ups stake in Osisko to 13.6%

September 19, 2018 / Resource World

A busy scooptram at Osisko Gold's Windfall Lake Project in Quebec, Source: Osisko Mining Inc.Kirkland Lake Gold Ltd. [KL-TSX, NYSE; KLA-ASX] said Wednesday September 19 that it has acquired 14.7 million shares of Osisko Mining Inc. [OSK-TSX; OBNNF-OTC] for $25 million cash or $1.70 per share.Combined with the 1.9 million shares it already owns, Kirkland Lake's stake in Osisko will increase to 13.6...Read More

Adventus and Salazar announce additional 2018 drill results at the Curipamba Project, including 15.39 metres of 5.21% copper, 10.39 g/t gold, 3.17% zinc, 55.81 g/t silver and 0.07% lead

September 19, 2018 / Resource World

(1) Metal equivalency based on US$3.25/lb Cu, US$1,500/oz Au, US$1.30/lb Zn, US$23/oz Ag and US$1.10/lb Pb; noting that no adjustments were made in the metal equivalency calculation for metal recovery, as this is still an early stage projectDrill hole CURI-292 also intersected a gold-rich zone of grainstone from 56.78 to 62.28 metres for an approximate true thickness of 4.95 metres that possessed...Read More

B.C.'s Golden Triangle, a resurgence in infrastructure investment

September 19, 2018 / Editor

VANCOUVER - The Golden Triangle is an area of northwestern British Columbia that has seen extensive historic mining and prospecting activity, and has recently been the site of modern discoveries, including the Premier Gold, Snip and Eskay Creek Mines. The area has seen a resurgence in infrastructure investment which supports exploration activities, including upgraded transmission lines supplying c...Read More

Eagle Ford Investing: 3 Stocks Inheriting America's Oil Wealth

September 19, 2018 / Keith Kohl

You've never heard of the Daisy Bradford No. 3 well before.It's okay, you're not alone.The Daisy Bradford No. 3 isn't as well known as other Texas gushers like Spindletop, but it's just as important.Almost 90 years ago, thousands of people crowded together to watch a sight you'll never see in today's oil fields.Just picture a huge pillar of black gold gushing high into the air.It was this well tha...Read More

The Northern Miner Podcast - episode 120: The Placer Dome legacy ft Nean Allman

September 19, 2018 / Posted John Cumming

In this episode we welcome into the Toronto studio author, geologist and communications professional Nean Allman to talk about her newly published coffee table book "A history: Placer Development Limited and Placer Dome Inc."Nean AllmanNean and Northern Miner editor-in-chief John Cumming explore the rich legacy of the Vancouver-based major that grew to become one of the world's largest gold mining...Read More

Endeavour improves Terronera's metrics

September 19, 2018 / Posted Richard Quarisa

Endeavour Silver (TSX: EDR; NYSE: EXK) has tabled an updated prefeasibility study (PFS) for its Terronera silver project, 40 km northeast of Puerto Vallarta, that estimates higher revenues and a longer mine life, while lowering cash costs.Endeavour published the initial study in early 2017. Using an US$18 per oz. silver price, it gave the project a US$78.1-million, after-tax net present value (NPV...Read More

Kintavar finds copper zone at Mitchi

September 19, 2018 / Posted Trish Saywell

Kintavar Exploration (TSXV: KTR) has found a new mineralization zone at its Mitchi copper project in Quebec, after following a field of marble and calc-silicate boulders containing copper mineralization.The new zone, called Irene, is 550 metres north of the project's main mineralized zone - Sherlock - and contains similar grades and mineralization, the company says.Kintavar says it has found a nea...Read More

Kirkland Lake Gold raises stake in Osisko Mining

September 19, 2018 / Northern Miner Staff

Kirkland Lake Gold (TSX: KL; NYSE: KL) has boosted its ownership in Osisko Mining (TSX: OSK) from 8.58% to about 13.61%.The mid-tier gold producer reported it has invested about C$25 million to acquire 14.71 million Osisko shares at $1.70 apiece, bringing its total shares in the company to 32.63 million.Kirkland Lake's president and CEO, Tony Makuch, said the strategic investment increases its own...Read More

Wallbridge finds high-grade gold at Fenelon

September 19, 2018 / Posted Northern Miner Staff

Wallbridge Mining (TSX: WM; US-OTC: WLBMF) is progressing its Fenelon gold project in northwestern Quebec through a 35,000-tonne bulk sample and an 8,000-metre underground drill program. The company says it will begin a 10,000-metre surface drill program in the coming weeks.The company is targeting the project's western extension with the current drill campaign. It found visible gold in 41 of the...Read More

Searchin' for Urchin

September 19, 2018 / Nick Hodge

The first website I found with the product in stock sold it for $260 per pound.A report late last year in the National Fisherman said prices for it had skyrocketed amid rising demand and a limited supply. I'm talking about the reproductive organs of the sea urchin, referred to as uni at your local sushi shop.These sweet little morsels of briny orange flesh have exploded in popularity as sushi has...Read More

BREAKING NEWS: 2018 Farm Bill About to Pass - Legalization of Hemp and CBD could grow consumer market to $22 Billio...

Tue Sep 18 23:05:56 2018 / Staff reporter

"BREAKING NEWS: 2018 Farm Bill About to Pass - Legalization of Hemp and CBD could grow consumer market to $22 Billion -- $CROP @CROP_CSE #Cannabis #California #CRXPF #CropCorp -- Read the Article here: https://t.co/HPiWjIWvFh"Read full newsRead More

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