US markets post slight gain, July 6-10
The Dow Jones Industrial Average rose 0.96% to 26,075.30 and the S&P 500 rose 1.76% to 3,185.04 during the July 6-10 trading week. Spot gold jumped US$24.20 per oz., or…
Copper
TSX posts slim increase, July 6-10
The S&P/TSX Composite Index rose 0.75% to 15,713.82 during the July 6-10 trading week. The S&P/TSX Global Mining Index rose 5.06% to 95.05, and the S&P/TSX Global Base Metals Index…
TSX Venture rises, July 6-10
The S&P/TSX Venture Composite Index rose by 8.17% to finish the trading week at 684.71. Spot gold closed at US$1,798.60 per oz. on July 10, a rise of US$24.20 per…
Chile struggles to maintain copper production as coronavirus spreads
Workers at Chile’s giant copper mines are caught between the urge to protect themselves and pressure to keep the country’s economy moving. Since declaring a state of emergency in March…
Technology Metals Snapshot: Eight juniors developing next generation metals
While mining is best known for supplying the world with precious and base metals, technology metals – such as lithium, cobalt and transition metals – are needed for advanced applications,…
US government to assess Twin Metals mine proposal
Antofagasta’s (LSE: ANTO) Twin Metals Minnesota has received formal notice that its planned copper-nickel-cobalt-platinum metals mine will be assessed through a federal environmental review. The U.S. government’s Bureau of Land…
Eric Sprott increases stake in Stratabound Minerals
Billionaire mining investor Eric Sprott has acquired 3 million common shares of Stratabound Minerals (TSXV: SB) at a price of 5¢ per share. The acquisition was conducted through Jerritt Canyon…
GT Gold tables resource for Saddle North porphyry in BC
GT Gold (TSXV: GTT) has released a maiden resource estimate for the Saddle North gold-rich copper porphyry within its wholly owned 468-sq.-km Tatogga property in northern British Columbia. Total indicated…
Coronavirus hits Peru’s mining sector
Mining companies operating in Peru are being forced to keep operations suspended and halt new ones as confirmed coronavirus cases in the country jumped past 300,000 on Sunday, with several…
KoBold Metals employs big data, geoscientists in pursuit of battery metals
KoBold Metals is investing in battery metal projects using big data and scientific computing with capital from billionaires including Bill Gates and Jeff Bezos. The privately held California-based company has…
Kincora Copper hits mineralization at Trundle in Australia
Kincora Copper (TSXV: KCC) has reported assay results from the first drill hole at its Trundle copper-gold project in Australia. Drill hole TRDD001 intersected several intervals of gold and copper mineralization from skarn…
Arizona Metals hits massive sulphide at Kay mine
Drilling has intersected massive sulphide mineralization at the South zone of Arizona Metals’ (TSXV: AMC) Kay mine property, 69 km north of Phoenix and adjacent to Black Canyon City in…