Snowline Gold shares rise on $16.5M bought deal financing
Shares of Snowline Gold (TSXV: SGD) surged on Wednesday after it completed a previously arranged bought deal private placement to fund its exploration campaigns in the Yukon. In total, the…
Gold
Hochschild cuts production targets after pre-tax loss
Hochschild Mining (LSE: HOC) lowered on Wednesday its full-year production guidance after swinging to pre-tax losses of US$66.1 million ($90.3 million) in the half-year compared with a profit of US$5.4…
Northern Dynasty updates Pebble PEA, adds southern access route
Northern Dynasty Minerals (TSX: NDM; NYSE: NAK) has published an updated preliminary economic assessment (PEA) for its Pebble copper project, which includes an infrastructure plan for a “southern route” access…
New Pacific’s Carangas in Bolivia holds 200M oz silver, plus gold and base metals
New Pacific Metals (TSX: NUAG; NYSE-AM: NEWP) says its first resource estimate for the Carangas silver-gold project in Bolivia makes it notable worldwide. The report released on Tuesday divides Carangas…
Aura Minerals declares commercial production at Almas gold mine in Brazil
Following up on its first gold pour in early August, Aura Minerals’ (TSX: ORA) Almas gold mine in Brazil has now achieved commercial production, with an effective date of Aug….
TNM Drill Down: New Found Gold’s Queensway delivers week’s top gold assay
The top gold assays from Aug. 25-Sept. 1 come from Canada, Brazil and Australia. Drill holes are ranked by gold grade x width, as identified by our data provider Mining Intelligence….
Fortuna discovers new vein at San Jose in Mexico after labour dispute raises costs
Fortuna Silver Mines (TSX: FVI; NYSE: FSM) says it has discovered a new vein at its San Jose mine in Mexico that indicates a different type of mineralization for the site that…
BQE Water resumes water treatment at Minto mine in Yukon
BQE Water has been contracted by the Yukon Department of Energy, Mines and Resources to provide expertise and support with water management at the abandoned Minto copper-gold mine in central…
Taliban says it signed mining deals worth over US$6.5B
Afghanistan’s Taliban has signed seven mining contracts that would bring roughly US$6.5 billion in investments to the ruling government, the Associated Press reported on Thursday. This figure, AP says, represents…
Robots enhance prospectors’ role as GeologicAI and peers scan drill core assays
GeologicAI, a Canadian tech company with Agnico Eagle Mines (TSX: AEM; NYSE: AEM) as a client and the backing of the Bill Gates-funded Breakthrough Energy Ventures, is part of a…
Franco-Nevada offers ‘financial lifeline’ to Red Pine Exploration
Trading at a 50% drop year-to-date at 15¢ per share, Red Pine Exploration (TSXV: RPX; US-OTC: RDEXF) has sold a 1.5% net smelter return (NSR) royalty on its advanced gold…
TNM Drill Down: Mapping the top drill holes YTD
We’ve compiled a map of the top gold, silver, copper, nickel, lithium and uranium assays year-to-date. Click here to see the visualization.