BMO initiates coverage of Cardinal Resources
BMO Capital Markets is initiating coverage of Perth-based Cardinal Resources (TSX: CDV; ASX: CDV) with an outperform rating, noting that the company’s Namdini gold project in Ghana is “one of the…
Fast News
China’s Yibin Tianyi invests in lithium-focused AVZ Minerals
China’s Yibin Tianyi is taking a 12% stake in Australia’s AVZ Minerals (ASX: AVZ) for A$14.1 million (US$9.6 million). The Perth-based mining company says it will use the funds to…
Iamgold study expands Essakane mine in Burkina Faso
A feasibility study has found that increasing the carbon-in-leach (CIL) plant capacity and postponing the heap leach operation to the end of the mine life is more economical than operating…
Trevali reports record quarterly zinc production
Trevali Mining (TSX: TO) released Q3 financial and operating results from its operations in Canada, South America and Africa. Q3 zinc production came in at 106.8 million pounds payable, a…
Cartier tables maiden resource at Chimo
Cartier Resources (TSXV: ECR) has released a maiden resource for the Central Gold Corridor on its Chimo mine property, 45 km east of Val-d’Or, Quebec. Indicated resources stand at 3.26 million…
Newmont Goldcorp begins commercial production at Quecher Main
The Quecher Main project at Newmont Goldcorp’s (TSX: NGT; NYSE: NEM) Yanacocha gold mine in Peru has achieved commercial production ahead of schedule and under budget. The project will extend the life…
Eric Sprott invests $15M in Gran Colombia
Gran Colombia Gold (TSX: GCM; US-OTC: TPRFF) has raised $15 million from the sale of 3.2 million units at $4.60 per unit to Eric Sprott in a non-brokered private placement….
Pan American hits high-grade at La Colorada in Mexico
A 14,300-metre drill program completed during the third quarter at the La Colorada skarn discovery in Mexico has returned high-grade intercepts for Pan American Silver (TSX: PAAS; NASDAQ: PAAS). Drill highlights…
Premier and Nevada Gold Mines begin commercial production at El Nino
Commercial production at the El Nino gold mine in Nevada’s Carlin Trend started ahead of schedule and on budget, Premier Gold Mines (TSX: PGM; US-OTC: PIRGF) reports. Premier owns 40%…
Atlantic Nickel plans 2020 production at Santa Rita in Brazil
Atlantic Nickel has updated the resource estimate for its wholly owned Santa Rita nickel-copper-cobalt restart project in Bahia, Brazil. Based on a 30,785 meter infill drill program, updated open-pit measured…
SolGold discovers porphyry system in Ecuador
SolGold has discovered a new copper-gold-silver-molybdenum porphyry system at its wholly owned Cisne Loja project in southern Ecuador. The company says it found mineralized outcrops that indicate the presence of…
US Vanadium acquires Russian-owned production facility in Arkansas
U.S. Vanadium, a private company in which venture capital firm Elysee Development Corp. (TSXV: ELC) has a 15% stake, is acquiring a Russian-owned production plant in Hot Springs, Ark., that…