Nordic Gold secures funding for Laiva mine in Finland
Pandion Mine Finance is giving Nordic Gold (TSX: NOR) an additional US$7 million in funding so that the junior can put its Laiva gold mine into production and pour first…
Fast News
Treasury tables first new resource for Goliath since 2015
Treasury Metals (TSX: TML; US-OTC: TSRMF) has updated the resource at its 100% owned Goliath gold project near Dryden, Ontario, for the first time since 2015, boosting underground gold equivalent…
Northern Vertex strikes three financial deals, raises US$13.6M for Moss
Vancouver-based Northern Vertex Mining (TSXV: NEE) (US-OTC: NHVCF) has amended the terms of a loan and lined up two new sources of financing totalling US$13.6 million to improve cash flow…
Orsu finds silver at Sergeevskoe in Russia
Orsu Metals (TSXV: OSU; US-OTC: ORSUF) is drilling 12,500 metres at its 90% owned Sergeevskoe gold project, 40 km southwest of the town of Mogocha, Russia, on its way to…
BHP boosts stake in SolGold
BHP Billiton (NYSE: BBL; LON: BLT) is raising its stake in SolGold (TSX: SOLG; LON: SOLG) from 6.1% to 11.18% and the US$50.2 million in proceeds will help the junior…
Bunker Hill defaults on payments and terminates lease at flagship project
Bunker Hill Mining (CSE: BNKR; US-OTC: BHLL) terminated its lease and option agreement to acquire the Bunker Hill zinc-lead-silver mine in Idaho after missing US$400,000 in property payments that were…
Nevada Copper suggests open pit at Pumpkin Hollow
Nevada Copper (TSX: NCU; US-OTC: NEVDF) has tabled a new preliminary economic assessment (PEA) suggesting an open pit mine at its Pumpkin Hollow copper project in Nevada, where the company…
Capstone-Pembridge deal on Minto collapses, mining to be suspended
U.K.-based Pembridge Resources (LON: PERE) has been unable to secure funds to complete its acquisition of Capstone Mining‘s (TSX: CS) Minto copper-gold-silver mine in Yukon under an agreement first forged…
Endeavour Silver to miss 2018 production guidance by 5%
Endeavour Silver (TSX: EDR; NYSE: EXK) predicts it will miss its 2018 production guidance by 5% due to delayed commercial production at its El Compas silver mine, lower gold grades…
Raymond James adjusts forecasts as uranium outperforms zinc, copper in Q3
Analysts at Raymond James are lowering their forecasts for zinc and copper prices. For the fourth quarter, the analysts have changed their zinc price forecast to US$1.20 per lb. from…
New Dimension boosts indicated resources 22% at Las Calandrias
New Dimension Resources (TSXV: NDR; US-OTC: NWDMF) has increased the indicated gold resource by 22% or 69,000 oz. gold at its Las Calandrias gold-silver project in Santa Cruz, Argentina. The updated…
Orca tables maiden resource for Morondo
Orca Gold (TSXV: ORG; US-OTC: CANWF) has tabled a maiden resource for the Koné prospect on its Morondo gold property in Cote d’Ivoire, part of the 2,268 sq. km land package…