New Found Gold to raise $130M for Queensway, Lucky Strike
New Found Gold (TSXV: NFG; NYSEA: NFGC) announced plans last week to launch an at-the-market equity offering to raise up to $130 million for exploration at two, wholly owned gold…
Gold
Collective Mining drills 180.6 metres of 2.43 g/t gold equivalent at Apollo target in Colombia
Three diamond drills are turning at Collective Mining’s (TSXV: CNL; US-OTC: CNLMF) newly discovered copper-gold-silver Apollo target in west-central Colombia. Apollo is one of eight porphyry-related targets the company has…
TSX closes in the red during Aug. 22-26
Over the Aug. 22-26 trading period, the S&P/ TSX Composite Index fell 238.09 points or 1.18% lower, to 19,873.29. The S&P/TSX Global Mining Index gained 2.37 points or 2.54% to…
Colombia abandons plan to tax gold exports
Colombian finance minister José Antonio Ocampo said the government has withdrawn a plan to introduce a 10% duty on gold exports included in the tax reform bill submitted by the…
TNM Drill Down: Top gold assays for the week Aug 19-26
Our TNM Drill Down feature highlights the top gold assays of the past week. Assays are ranked by gold grade x width, as identified by our sister company Mining Intelligence. Brisbane-based Santana…
Marathon’s Valentine gold project gets OK from the feds
Three years after kicking off its environmental assessment work, Marathon Gold (TSX: MOZ) has received environmental assessment approvals from both the federal and provincial governments for its Valentine gold project…
Hudbay inks exploration deal for satellite properties near its Constancia copper mine in Peru
Hudbay Minerals (TSX, NYSE: HBM) has reached an exploration agreement with the Uchucarcco community in Peru for the surface rights to the Maria Reyna and Caballito satellite properties near its…
Filo extends high-grade Aurora zone at Filo del Sol to 1.6 km
Filo Mining’s (TSX: FILO) ongoing drilling program at its Filo del Sol copper project in Argentina has extended the strike length of the emerging Aurora zone to 1.6 kilometres. The…
QC Copper drills three more in-pit zones as high as 0.75% Cu at Opemiska
QC Copper and Gold (TSXV: QCCU; OTC: QCCUF) has reported new assay results from its current drill program on the Opemiska property, where the company has been aiming to upgrade…
Maritime releases positive results for Hammerdown gold project, with 48% post-tax IRR
Maritime Resources (TSXV: MAE) has released the feasibility study results for its 100% owned Hammerdown gold project located in the Baie Verte mining district of Newfoundland and Labrador. The study…
TNM Drill Down: Top gold assays for the week Aug. 12-19
Welcome to our weekly feature, TNM Drill Down, focusing on the top gold assays of the past week. Assays are ranked by gold grade x width, as identified by our…
Peruvian Institute of Economy reports ‘concerning’ decrease in mining private investments
A recent report by the Peruvian Institute of Economy states that the country’s mining sector has seen a ‘concerning’ decrease in private investments. According to the Institute, while the mining…