Lundin Mining shares plunge on Candelaria production guidance cut
The Toronto-listed shares of Lundin Mining (TSX: LUN) fell by more than 12% on Monday after the base metals company announced a near-14% drop in expected copper output at the…
Gold
David Garofalo’s Gold Royalty to acquire Ely Gold Royalties
Gold Royalty (NYSE-AM: GROY), which has a portfolio of 18 net smelter return royalties ranging from 0.5% to 2.0% covering 12 projects in the Americas, is acquiring Ely Gold Royalties (TSXV: ELY; US-OTC:…
GoldMining updates resource estimate for Whistler project in Alaska
GoldMining (TSX: GOLD; NYSE: GLDG) has released an updated resource estimate for its 100%-owned Whistler project in the Yentna mining district of Alaska, 150 km northwest of Anchorage. The updated resource includes…
Golden Bear discovery could be a ‘gamechanger’ for Osisko at Windfall
Osisko Mining (TSX: OSK) has made a new, high-grade gold discovery just 1 km north of its Windfall project in Quebec, cutting 6.7 metres of 27.4 grams gold per tonne….
Serbia to become Europe’s no. 2 copper producer thanks to Cukaru Peki mine
Serbia Zijin Mining’s mine is expected to start production in the fourth quarter with an initial average copper output of 91,000 tonnes a year.
US markets down, June 7-11
The Dow Jones Industrial Average slipped 0.80% to finish the week at 34,479.60 and the S&P 500 dropped 0.41% to 4,247.44. Spot gold fell by US$14.20 per oz., or 0.75%, to…
TSX Ventures slips, June 7-11
The S&P/TSX Venture Composite Index slipped 0.17% to finish the trading week at 979.70. Spot gold fell by US$14.20 per oz., or 0.75%, to US$1,877.80 per ounce. Callinex Mines climbed 74¢…
TSX mixed, June 7-11
The S&P/TSX Composite Index rose 0.55% to 20,138.35 during the June 7-11 trading week. The S&P/TSX Global Mining Index slipped 0.79% to 113.61, and the S&P/TSX Global Base Metals Index…
Gold Mountain speeds toward first production at Elk Gold in BC
Gold Mountain Mining (TSXV: GMTN; US-OTC: GMTNF) is on track for first production in October and first revenue in November at its Elk Gold project in British Columbia. The company…
Imperial drilling at Red Chris cuts 1.1 g/t gold, 1.1% copper
Imperial Metals (TSX: III) has released new drill results from the newly discovered East Ridge zone of the Red Chris copper-gold mine, 80 km south of Dease Lake in B.C….
JV Article: Red Pine Exploration reaches milestone with Wawa gold project consolidation
After Red Pine Exploration’s (TSXV: RPX) consolidation of its interests and 100% ownership of the Wawa gold project, followed with the subsequent acquisition of the War Eagle mining claims that…
Turmalina Metals intersects 4.3% copper at San Francisco project in Argentina
Drilling at Turmalina Metal’s (TSXV: TBX; US-OTC: TBXXF) San Francisco project in Argentina has returned high-grade copper mineralization from the San Francisco del Andes (SFdLA) breccia, one of more than…