TNM Drill Down: Lundin leads week’s top assays with Fruta del Norte in Ecuador
Our TNM Drill Down features highlights of the top gold assays of the past week. Drill holes are ranked by gold grade x width, as identified by our sister company…
Gold
Rupert Resources shares rise on Ikkari gold PEA outlining 22-year mine life
Rupert Resources (TSXV: RUP) announced the results from its preliminary economic assessment (PEA study) for the company’s 100%-owned Rupert Lapland project, including its flagship Ikkari gold discovery and Pahtavaara mine…
Austral Gold sells Pinguino project in Argentina to ASX-listed E2 Metals
Austral Gold (TSXV: AGLD; ASX: AGD) is selling its Pinguino polymetallic project in Argentina to E2 Metals (ASX: E2M) for US$10 million in cash and shares, the companies said on…
‘Intransigent’ creditors scuttle sale of Great Panther’s Coricancha, says would-be buyer Newrange
Great Panther Mining (US-OTC: GPLDK) and Newrange Gold (TSXV: NRG) have called off a planned share purchase agreement that would have seen Newrange take full control of the Coricancha gold-silver-lead-zinc-copper mine in Peru. The…
Atalaya Mining stock rises on new discoveries from regional exploration in Spain
Atalaya Mining (TSX: AYM) shares took off on Friday morning following the latest update on its regional exploration program in southern Spain, which included a potential new massive sulphide discovery…
RANKED: World’s top 10 biggest mines by ore throughput in 2022
The amount of tonnes of ore extracted from the earth in a day is vast at the world’s largest mines — owned and operated by the majors of the industry….
Rio Tinto-Turquoise Hill takeover vote set for Dec. 9
Turquoise Hill Resources (TSX: TQR) has set Dec. 9 as the date its shareholders will finally vote on the proposed US$3.3-billion takeover of the company by Rio Tinto (NYSE: RIO;…
Crypto’s Bre-X moment means regulations are finally on the way
There’s got to be a sense of schadenfreude in some circles of the mining business watching the implosion of FTX this month. Somehow, cryptocurrencies have competed with the mining sector…
Treaty Creek drilling will boost new resource estimate next year, JV says
American Creek Resources (TSXV: AMK) and Tudor Gold (TSXV: TUD) say step-out drilling at their Treaty Creek joint project in northwestern British Columbia’s Golden Triangle shows higher grades than in…
Vizsla Silver eyes consolidation of Panuco project with Prismo Metals investment
Mexico-focused Vizsla Silver (TSXV: VZLA; NYSE: VZLA) has entered into a non-binding letter of intent with Prismo Metals (CSE: PRIZ) for a strategic investment totalling $2 million. In exchange, Vizsla…
Barrick faces new lawsuit for alleged rights abuses in Tanzania
Twenty-one Tanzanian nationals filed a lawsuit in Ontario Supreme Court Wednesday morning against Barrick Gold (TSX: ABX) for alleged human rights violations at the company’s North Mara gold mine in…
New Found Gold extends Keats West at centre of Newfoundland exploration surge
New Found Gold (TSX-V: NFG, NYSE-A: NFGC) says new drilling expands its Keats West discovery in the Queensway project of central Newfoundland. Hole NFGC-22-773 intersected 18.6 grams gold per…