Firesteel to buy, restart Laiva gold mine
Firesteel Resources (TSXV: FTR) intends to purchase and reactivate the past-producing Laiva gold mine located in central Finland, near the Gulf of Bothnia, in early December and begin producing gold…
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Novo shares tumble on sampling woes at Purdy’s Reward
VANCOUVER — Novo Resources (TSXV: NVO; US-OTC: NSRPF) is “uncomfortable” with the experimental, bulk-sampling technique it has been using for grade estimation at the company’s Purdy’s Reward paleoplacer joint-venture gold project…
Garibaldi’s Golden Triangle discovery disappoints
VANCOUVER — Shares of Garibaldi Resources (TSXV: GGI; US-OTC: GGIFF) have tumbled 45% to $2.55 at the time of writing on assay results from the first four drill holes at…
Peregrine tests underground potential of CH-6
Peregrine Diamonds (TSX: PGD) completed an $8.5-million summer work program at its Chidliak project, 120 km northeast of Iqaluit, this year focused on expanding resources at the CH-6 kimberlite. The…
North Arrow advances Naujaat
North Arrow Minerals (TSXV: NAR) completed a $3.2-million exploration program this summer at its Naujaat project, in Nunavut, focused on advancing it towards a preliminary economic assessment. The work at…
Nexa has ‘global player’ ambitions in zinc
VANCOUVER — Brazil’s Votorantim Metais drew the mining world’s attention in October when it filed an initial public offering (IPO) for Nexa Resources (TSX: NEXA; NYSE: NEXA) on the Toronto and…
Diamond market slows after strong recovery
A strong recovery followed an industry-wide diamond inventory buildup in 2014-2015 and another slide after India’s demonetization in late 2016. However, lately, the diamond industry’s momentum has begun to stall….
Gahcho Kué makes the grade
After reaching commercial production on March 1, De Beers’ and Mountain Province Diamonds’ (TSX: MPVD; NASDAQ: MPVD) Gahcho Kué mine pushed into high gear with full production in mid-year. On…
Black Iron completes PEA on Shymanivske project in Ukraine
A preliminary economic assessment of Black Iron’s (TSX: BKI) Shymanivske project in the Ukraine outlines a post-tax net present value at a 10% discount rate of US$1.66 billion and a 36.1%…
Southwest US Snapshot: Six juniors on the hunt for gold, silver, copper and lithium riches
Higher prices for most mined commodities has translated into renewed activity in the junior mining sector in the southwestern U.S. states. Here’s a quick look at six such companies. CALIFORNIA…
Dominion Diamond’s new chapter
One of the biggest deals to hit the diamond world recently is the sale and privatization of Dominion Diamond (TSX: DDC; NYSE: DDC), Canada’s premier diamond miner and the world’s…
Diamonds in Canada editorial: Dominion’s latest transformation
In recent decades, Dominion Diamond has been one of the more interesting companies to watch — not just in the diamond space but in mining, period. As Aber Diamond, it…