American Pacific shares surge on ‘bonanza’ grabs from an expanded Tuscarora
The equity of exploration and development company American Pacific Mining (CSE: USGD; US-OTC: USGDF) surged as much as 18.4% this morning after the company announced…
Silver
NorZinc begins PEA to up Prairie Creek to 2,400 tonnes per day
NorZinc (TSX: NZC; US-OTC: NORZF) has launched a preliminary economic assessment for a 2,400 tonne-per-day production plan for the 100%-owned Prairie Creek silver-zinc-lead project. The…
Taranis Resources’ B.C. bulk permitting tussle a provincial exploration industry boon
The recent receipt of an Environmental Management Act (EMA) permit allowing explorer Taranis Resources (TSXV: TRO; US-OTC: TNREF) to undertake a bulk sample at its…
Robust metals price outlook softens in 2022 – reports
The global metals and mining industry outlook has changed from ‘positive’ to ‘stable’ with a new Moody’s Investors Service report finding that despite most metals…
Lower than expected grades bite into Rainy River guidance for New Gold
New Gold (TSX: NGD) has cut production guidance at its Rainy River gold mine in Ontario by about 10% because of lower than expected grades. The gold miner now expects Rainy River to produce 240,000-255,000 gold-equivalent…
Callinex Mines reports new drill results at its copper property in Manitoba
Callinex Mines (TSXV: CNX; US-OTC: CCLXF) has reported new results from its drill campaign at the company’s Rainbow deposit in northern Manitoba, including wide intersections…
Gold Royalty, Abitibi Royalties and Golden Valley to combine forces
Gold Royalty (NYSE-AM: GROY) is acquiring Abitibi Royalties (TSXV: RZZ; US-OTC: ATBYF) and Golden Valley Mines and Royalties (TSXV: GZZ; US-OTC: GLVMF) in a deal…
Ascot on track for late 2022 production at Premier gold project in BC
Ascot Resources (TSX: AOT) has received the ball and SAG mills at its Premier gold-silver project in British Columbia’s Golden Triangle, putting the junior on…
i-80 Gold to create Nevada complex through asset exchange with Nevada Gold
U.S.-focused gold miner i-80 Gold (TSX: IAU; US-OTC: IAUCF) has inked a deal with Nevada Gold Mines that will help it create a major mining complex…
SolGold to cut back on exploration projects
Ecuador-focused SolGold (TSX: SOLG; LSE: SOLG) is trimming its exploration portfolio in a bid to free up cash to focus on its best targets as it advances…
US markets mixed, Aug. 30-Sept. 3
The Dow Jones Industrial Average dropped 86.71 points or 0.25% to finish the August 30 to September 3 trading week at 35,369.09 and the S&P…
Agnico Eagle increases stake in Candelaria Mining to 19.6%
Agnico Eagle Mines (TSX: AEM; NYSE: AEM) has upped its interest in Candelaria Mining (TSXV: DCAND; US-OTC: CDELF), with an additional $6 million investment bringing…