Newcrest options Cornerstone’s Miocene
Over the last 15 years, Australian gold major Newcrest Mining (ASX: NCM) has found gold deposits in Australia, Papua New Guinea and Indonesia, and continues to explore and evaluate prospects…
Copper
Newmont forecasts ‘growing margins and reserves’
Newmont Mining (NYSE: NEM) expects its attributable gold production will reach 5.2 million ounces in 2019 and 4.9 million ounces in 2020, while attributable copper production will be 45,000 tonnes…
Arena acquires Antofalla project in Argentina
Arena Minerals (TSXV: AN) has acquired privately held Antofalla Minerals for US$400,000 in cash and 10 million common shares. Antofalla Minerals’ flagship property is its 4,000-hectare Antofalla lithium brine project…
Exploration Snapshot: Eight companies looking for precious and base metals
While prices for most precious and base metals have been subdued throughout 2018, there has nevertheless been a high level of mineral exploration around the world, as companies seek to…
Editorial: Rio Tinto-led staking rush hits Australia’s Paterson province
As 2018 draws to a close, one of the more intriguing exploration stories of the year is shaping up in the Paterson province in a remote part of Western Australia’s…
TSX Venture falls, Nov. 26-30
The S&P/TSX Venture Composite Index fell 2% to 589.52. It has been on a slow but steady decline since the start of 2018. Shares of SilverCrest Metals rose 28¢ to…
Wealth Minerals to spin out copper company
Lithium-focused Wealth Minerals (TSXV: WML; US-OTC: WMLLF) says it will spin out a copper company, containing two copper exploration projects, that it plans to acquire in Chile. Wealth Copper will…
Carube expands gold anomaly at Main Ridge in Jamaica
Carube Copper (TSXV: CUC) has expanded the gold-in-soil anomaly at its Main Ridge gold project in Jamaica east to a 5.5 km total strike length. Though Carube has several copper…
TSX mixed, Nov. 26-30
Canada’s benchmark index rose 1.24% to end the trading week at 12,197.82. The S&P/TSX Global Mining Index fell 0.19% to 62.58 and the S&P/TSX Global Gold Index fell 1.4% to…
Flin Flon mining to stop in 2021, Hudbay memo says
Despite its best efforts, the “most likely scenario” is that in 2021, mining operations will cease in Flin Flon, Man., an internal memo to employees at Hudbay Minerals (TSX: HBM;…
Tinka boosts resource at Ayawilca in Peru
Additional drilling at Tinka Resources‘ (TSXV: TK) 100%-owned Ayawilca project in the zinc-lead-silver belt of central Peru, 200 km northeast of Lima, has significantly grown the project’s resource estimate from an…
Mirasol explores in Argentina, Chile
Mirasol Resources (TSXV: MRZ; US-OTC: MRZLF) is about to do something it doesn’t do often: drill one of its own projects. The Argentina- and Chile-focused precious metals project generator is…