TSX Venture falls, Nov. 11-15: Great Bear, Aurania, Callinex, Osino
The S&P/TSX Venture Composite Index fell 1.56% to 528.58. Spot gold finished at US$1,467.90 per oz., up 0.62%. Shares of Great Bear Resources jumped 70¢, or 11.9%, to $6.57. The…
Copper
US markets move higher, Oct. 28-Nov 1: Buenaventura, Rio Tinto, Southern Copper
The Dow Jones Industrial Average rose 1.44% to 27,347.36 and the S&P 500 Index increased 1.47% to 3,066.91. Spot gold gained 0.67% to US$1514.10 per ounce. Compania de Minas Buenaventura…
Court rejects Hudbay motion to reconsider Rosemont
The U.S. District Court for Arizona has turned down Hudbay Minerals’ (TSX: HBM; NYSE: HBM) request that it reconsider its ruling in July that prevents the company from developing its…
Chile in turmoil as tensions boil over
The worst unrest in Chile in a generation threatens to overturn assumptions about one of South America’s most stable countries and the world’s leading copper producer. All it took was…
Foran advances McIlvenna Bay in Saskatchewan
Foran Mining (TSXV: FOM) is on track to complete a feasibility study before year-end on its flagship McIlvenna Bay volcanogenic massive sulphide (VMS) deposit in Saskatchewan. The deposit — situated…
Commentary: Mining’s unlikely heroines — Greta Thunberg and AOC
Left-wing darling Alexandria Ocasio-Cortez’s proposed Green New Deal, despite its flimsy 14 pages, is nothing if not all-encompassing and vaulting in its ambition. The bill was also crucial to Ocasio-Cortez’s…
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 markets mixed, Oct. 14-18: Agnico Eagle, AngloGold Ashanti, Newmont Goldcorp
The Dow Jones Industrial Average fell 0.17% to 26,770.20, while the S&P 500 Index rose 0.54% to 2,986.20. Gold stayed relatively flat at US$1,489.60 per oz., up 0.05% for the…
Highland Copper tables PEA for White Pine North
A preliminary economic assessment (PEA) of Highland Copper’s (TSXV: HI; US-OTC: HDRSF) White Pine North copper project in Michigan envisions a 25-year mine producing an average of 40,000 tonnes of copper…
Falco deal with Glencore key to Horne 5 development
Falco Resources’ (TSXV: FPC) Horne 5 project contains 7 million oz. gold. It might contain just as many questions. Perhaps the biggest one is whether or not Falco will secure…
Bell Copper chases payoff from Perseverance
Tim Marsh likes to say that it took 150 drill holes to hit the high-grade core of the massive Oyu Tolgoi copper-gold porphyry deposit that made the Mongolian discovery economic….
Revving up Greenland’s mineral production will take time
The MV Happy Dragon had just sailed into safe harbour at Charleston, S.C., when Hurricane Dorian forced the vessel back out to sea to await better weather. The cargo ship…