Imperial Metals dodges liquidity bullet, for now
Troubled miner Imperial Metals (TSX: III) has kicked debt-repayment deadlines further down the road, and will examine strategic alternatives that could include a sale or…
Copper
Kintavar finds copper zone at Mitchi
Kintavar Exploration (TSXV: KTR) has found a new mineralization zone at its Mitchi copper project in Quebec, after following a field of marble and calc-silicate…
Anglo American has its eye on Angola
Commodities giant Anglo American (LON: AAL) has applied for exploration concessions for base metals in Angola. “We believe there is geological potential in Angola and…
Orla boosts gold recoveries in Panama
Orla Mining (TSXV: OLA; US-OTC: ORRLF) has increased gold recoveries at its Cerro Quema gold project in Panama with results from new metallurgical column tests…
Empire project in Idaho shows new mineralization
Step out drilling to the east and west of the current resource at the Empire mine project in Idaho has intercepted previously unknown mineralization, its…
Balmoral expands newly optioned Gargoyle property by 1,600%
In August, Balmoral Resources (TSX: BAR; US-OTC: BALMF) optioned the Gargoyle nickel property, 55 km northeast of Atikokan, Ontario. Just a few weeks later, it…
TSX falls, Sept. 3-7
Canada’s benchmark index fell 1.06% to 16,090.27 during a shortened trading week. The S&P/TSX Global Mining Index fell 4.3% to 62.70 and the S&P/TSX Global…
Southern Silver extends mineralization at Cerro Las Minitas
Southern Silver (TSXV: SSV; US-OTC: SSVFF) is seeing some encouraging results from its 12,000 metre drill campaign at its Cerro Las Minitas silver-zinc project in…
Aztec chases silver-zinc deposits at Tombstone
Aztec Minerals (TSXV: AZT; US-OTC: AZZTF) has started surface exploration at its newly optioned Tombstone silver-zinc district, 104 km southeast of Tucson, Arizona. The company…
Nevsun agrees to $1.86B Zijin takeover bid
Nevsun Resources (TSX: NSU; NYSE: NSU) has agreed to Zijin Mining’s (HGK: 2899) friendly take-over bid which values Nevsun at $6 per share or $1.86…
Lumina Gold spins out Luminex Resources
Lumina Gold (TSXV: LUM; US-OTC: LUMAF) is spinning all but one of its properties out into a separate company called Luminex Resources. It retains the…
Panoro to drill new zone after expanding permit at Cotabambas
Now that Peru has approved Panoro Minerals’ (TSXV: PML; US-OTC: POROF) request for an expanded environmental impact assessment at its Cotabambas copper project in southern…