TSX Venture plummets, March 16-20: Skeena, Azimut, Rock Tech
The S&P/TSX Venture Composite Index plummeted 8.84% (34.58 points) to finish the week at 356.54. Spot gold finished the week at US$1,498.80 per oz., down US$31.10 per oz., or 2.03%….
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First Cobalt pushes ahead with Ontario refinery
First Cobalt (TSXV: FCC) has announced that the feasibility study on an expansion of its Ontario refinery will be complete in the coming weeks. It is also in discussions with…
Rio Tinto halts Kennecott after Utah earthquake
Rio Tinto (NYSE: RIO; LSE: RIO) evacuated all of its employees from its Kennecott copper mine near Salt Lake City, Utah, after a 5.7 magnitude earthquake hit near the town…
The Next Frontier: Prospecting & mining on the Moon
Lost amid concerns about the COVID-19 coronavirus outbreak that has dominated headlines for weeks was news that the China National Space Administration (CNSA) has achieved a milestone in lunar exploration,…
A message from Glacier Resource Innovation Group on the coronavirus
The Coronavirus (COVID-19) pandemic is a great concern for you and your families. At this time Glacier Resource Innovation Group wants you to know that the well being of our…
Nevada Copper looks to strengthen balance sheet
As its Pumpkin Hollow underground mine ramps up to commercial production, Nevada Copper (TSX: NCU) has entered into non-binding arrangements for a balance sheet strengthening package. The company is working to reach binding…
Nouveau Monde grows Matawinie resources
Nouveau Monde Graphite (TSXV: NOU) has released updated resources for the West Zone deposit at its Matawinie graphite project, 150 km north of Montreal. Updated measured and indicated resources increased by…
Tanzanian Gold doubles resource for Buckreef project
Tanzanian Gold (TSX: TNX; NYSE:TRX) has updated the resource estimate for its Buckreef gold project, about 110 km southwest of the city of Mwanza in north-central Tanzania. The Buckreef shear…
Copper price meltdown sinks mining stocks
The decline in the copper price accelerated on Wednesday, as pandemic fears grip global markets and mining companies announce a wave of production halts and project construction suspensions. Copper trading…
BTU hits more VMS-style mineralization at Dixie Halo
Drilling at BTU Metals’ (TSXV: BTU) 197-sq.-km Dixie Halo project in Ontario’s Red Lake district returned continuous volcanogenic massive sulphide-style mineralization over 300 metres, starting at surface, with metal grades increasing…
Explorers reduce activity over coronavirus threat
With mining majors suspending expansion plans, ramping down operations and temporarily closing down head offices in response to Covid-19, development and exploration companies are also taking precautionary measures to prevent…
Glacier, The Northern Miner, CPM Group Sign Marketing Agreement
March 18, 2020 TORONTO, NEW YORK — Glacier Resource Innovation Group (GRIG) and The Northern Miner have entered an agreement with CPM Group LLC that will see CPM Group’s precious…