Capstone-Pembridge deal on Minto collapses, mining to be suspended
U.K.-based Pembridge Resources (LON: PERE) has been unable to secure funds to complete its acquisition of Capstone Mining‘s (TSX: CS) Minto copper-gold-silver mine in Yukon…
Copper
TSX posts mixed results, Oct. 1-5
Canada’s benchmark index fell 0.9% to 15,946.17 and the S&P/TSX Global Mining Index fell 0.39% to 65.54. Gold performed better, however, as the S&P/TSX Global…
TSX Venture inches lower, Oct. 1-5
Shares of Aurania Resources rose 53¢ to $2.76. The company recently found the first significant instances of copper mineralization at its Lost Cities–Cutucu project in…
Metallic finds more veins at Keno and McKay Hill districts
Metallic Minerals (TSXV: MMG; US-OTC: MMNGF) is wrapping up its $2.5-million summer work program in the Yukon. The company fanned out across both its Keno…
Raymond James adjusts forecasts as uranium outperforms zinc, copper in Q3
Analysts at Raymond James are lowering their forecasts for zinc and copper prices. For the fourth quarter, the analysts have changed their zinc price forecast…
MAG Silver extends underground infrastructure at Juanicipio
BEAVER CREEK, COLORADO — Development is well underway at MAG Silver’s (TSX: MAG; NYSE-AM: MAG) 44%-owned underground Juanicipio silver mine in the Fresnillo district of…
Americas Silver and Pershing Gold to merge
Americas Silver (TSX: USA; NYSE-AM: USAS), a producer with mines in the U.S. and Mexico, is merging with Pershing Gold (TSX: PGLC; NASDAQ: PGLC) in…
Ero Copper finds zone near Vermelhos mine
Since listing on the Toronto Stock Exchange in October 2017, shares of Ero Copper (TSX: ERO; US-OTC: ERRPF) have soared from their initial public offering…
Ivanhoe discovers new copper deposit in DRC
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) has discovered a third major copper deposit called Makoko in the Democratic Republic of Congo on its 100%-owned Western…
Copper Mountain leverages existing assets in New Ingerbelle PEA
Copper Mountain Mining (TSX: CMMC; US-OTC: CPPMF) recently tabled a preliminary economic assessment (PEA) for its New Ingerbelle copper project, just 1 km away from…
TSX Venture inches higher, Sept. 17-21
The S&P/TSX Venture Composite Index rose 0.66% to 719.91. Shares of White Gold rose 65% to $1.07. The company released strong drill assays from the…
Barrick, Randgold to forge world’s biggest gold miner
In one of the biggest and most surprising deals the gold industry has seen in more than a decade, Barrick Gold (TSX: ABX; NYSE: ABX) is combining…