Element 29 drills record 1.5-km Elida interval
Element 29 Resources (TSXV: ECU; US-OTC: EMTRF) drilled the longest mineralized interval yet at its Elida copper project in Peru, extending the porphyry system far below the current resource. Hole…
Stock Markets/Investing
US debt could drive gold to $6,000, analyst says
Gold could climb to $6,000 (C$8,450) per oz. as swelling U.S. debt and central-bank buying extend the metal’s bull market, Toronto-based brokerage Maison Placements President John Ing forecasts in a…
Rule Symposium Video: BHP funding drives Mundoro’s Serbia copper hunt
Mundoro Capital (TSXV: MUN; US-OTC: MUNMF) plans to steer BHP (NYSE, LSE, ASX: BHP) -funded drilling toward the untested core of a copper-gold porphyry system at Central Timok in Serbia….
Fitzroy builds case for near-term Chile copper mine
Fitzroy Minerals (TSXV: FTZ; US-OTC: FTZFF) has extended broad, shallow copper mineralization along the Tenorita trend at its Buen Retiro project in Chile as it advances towards an initial resource…
Rule Symposium Video: Hemlo targets 20-year mine life
Hemlo Mining (TSX: HMMC; US-OTC: HMMCF) plans to keep its namesake northwestern Ontario gold mine running for about 20 more years by raising output and filling a mill operating at…
Laramide sees $741M value for uranium mine
An updated study for Laramide Resources’ (TSX, ASX: LAM; US-OTC: LMRXF) proposed Westmoreland uranium mine in Australia values the project at about $741 million (C$1.04 billion) – almost twice the…
Rule Symposium Video: Cariboo deep hits point to larger mine, says Roosen
Osisko Gold Group (TSXV, NYSE: ODV) has traced gold mineralization below 700 metres at its Cariboo project in British Columbia, more than twice the deposit’s average depth. The company has…
Panama mulls state miner to revive Cobre Panama
Panama is considering creating a government mining company to partner with First Quantum Minerals (TSX: FM) in a move that could reopen the shuttered Cobre Panama copper mine, Reuters reported…
AbraSilver raises $45M for Diablillos in Argentina
AbraSilver Resource (TSX: ABRA; US-OTC: ABBRF) is raising $45 million (US$32 million) through a bought-deal share offering to fund early works at its Diablillos silver-gold project in Argentina as it…
Rule Symposium Video: Hodge sounds alarm on junior ‘lifestyle’ stocks
Investors should seek companies whose managers own meaningful stakes and have committed backers able to fund more than one drill program, Digest Publishing co-founder and mining guru Nick Hodge said….
Novagold creates $4.2B US gold giant with Donlin deal
Novagold Resources (NYSE-A, TSX: NG) will acquire the Donlin Gold stake in Alaska it does not already own from Paulson Advisors in an all-stock transaction that creates a gold miner…
Coeur doubles Mexico exploration budget to $158M
Coeur Mining (TSX, NYSE: CDE) plans to spend twice as much this year drilling in Mexico after reporting high-grade assays from its Palmarejo operation in Chihuahua state. The stock rose….