Turquoise Hill scores win in funding spat with Rio Tinto over Mongolia mine
Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) has scored a temporary, but key win in its ongoing dispute with Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) over funding of…
Silver
SilverCrest releases high-return feasibility for Las Chispas, gives construction go-ahead
Five years after drilling the initial hole at its Las Chispas silver-gold project in Sonora, Mexico, SilverCrest Metals (TSX: SIL; NYSE-AM: SILV) has released a high-margin feasibility for the project…
Ross Beaty to step down as Pan American Silver chairman in May
Pan American Silver (TSX: PAAS; NASDAQ: PAAS) founder Ross Beaty will step down in May as the company’s chairman and has appointed board member Gillian Winckler to replace him. Trained…
Pierre Lassonde buys more shares in Prime Mining
Mining entrepreneur and investor Pierre Lassonde, Chairman and CEO of Firelight Investments, has purchased 2 million common shares of Mexico-focused Prime Mining (TSXV: PRYM), bringing his stake in the junior…
Golden Minerals pours first gold at Rodeo in Mexico
Golden Minerals (TSX: AUMN; NYSE-AM: AUMN) has poured first gold (150 gold-equivalent ounces) from its Rodeo open pit mine in Mexico’s Durango state. Mining at Rodeo kicked off in mid-January…
Adriatic Metals receives exploitation permit for Veovaca
Adriatic Metals (LSE: ADT1; ASX: ADT) has received an exploitation permit for its Veovaca project near Vares in Bosnia-Herzegovina, 50 km north of the capital, Sarajevo. The permit, issued by the…
Turmalina Metals advances breccia projects in Argentina and Peru
San Francisco de Los Andes is one breccia pipe in a cluster of 67 that Turmalina Metals (TSXV: TBX; US-OTC: TBXXF) has mapped at its San Francisco project in Argentina’s…
Eloro stock surges on high-grade drill results from Bolivia
Eloro Resources (TSXV: ELO) reported additional results from its diamond drilling program at the Iska Iska silver-polymetallic project in southern Bolivia. The new drill results are from 10 additional holes…
US markets up, Jan. 18-22
The Dow Jones Industrial Average rose 0.6% to finish the week at 30,996.98 and the S&P 500 climbed 0.02% to 3,841.47. Spot gold jumped US$26.90 per oz., or 1.47%, to…
TSX up, Jan. 18-22
The S&P/TSX Composite Index fell 0.35% to 17,845.91 during the Jan. 18-22 trading week. The S&P/TSX Global Mining Index rose 1% to 105.65, and the S&P/TSX Global Base Metals Index…
Whitehorse Gold advances Skukum project in the Yukon
For a junior exploration company that started trading on the TSX Venture Exchange in late November 2020, Whitehorse Gold (TSXV: WHG) has made significant progress at its 100%-owned Skukum gold project in…
Gold Fields begins construction of Chilean project
South African miner Gold Fields (NYSE: GFI) has formally begun construction of the mining infrastructure for its Salares Norte project in northern Chile. The company expects to complete the US$860 million project in late 2022, with…