Minera Alamos on fast track to production
Haywood Securities has initiated coverage of Minera Alamos (TSXV: MAI) with a buy rating and 12-month target price of 40¢ per share — a 281% return from the junior’s current…
Silver
Far North Snapshot: Eight companies active in Canada’s Far North
The daunting task of exploring for minerals and developing mines in Canada’s Far North hasn’t dissuaded global mining companies from seeking riches in these underexplored regions. Here is a look…
Facts and Figures: Global silver demand rises 4% in 2018, says Silver Institute
The following is a release by the Silver Institute relating to the publication of the 29th edition of its World Silver Survey, which was independently researched and compiled by the…
Nevada Copper plans Q4 production at Pumpkin Hollow
Nevada Copper (TSX: NCU) has released a new prefeasibility study for an open-pit mine at its Pumpkin Hollow project in Nevada, where it is building a standalone underground operation that…
Aztec says Cervantes a district-scale property after survey
Aztec Minerals (TSXV: AZT; US-OTC: AZZTF) recently flew a magnetic and radiometric survey over its Cervantes copper-gold project in Sonora, Mexico, that identified 11 porphyry targets. Follow-up work by the…
Cupric Canyon secures financing for Khoemacau in Botswana
A US$565-million funding package brings Cupric Canyon Capital one step closer to turning its Khoemacau project into a major copper and silver mine in northwestern Botswana. The private company has…
BHP invests in Midland Exploration
BHP (NYSE: BHP) is investing in Midland Exploration (TSXV: MD) to support the junior’s copper exploration in northern Quebec, including its Mythril copper-gold-molybdenum-silver project in James Bay Eeyou Istchee. BHP…
Miramont confirms mineralized system at Cerro Hermoso in Peru
Miramont Resources (CSE: MONT; US-OTC: MRRMF) cut significant mineralization during a 3,600-metre drill program at its Cerro Hermoso polymetallic project in Peru. The company tested Cerro Hermoso’s Central Breccia zone,…
Lumina extends Gran Bestia gold-copper deposit in Ecuador
Lumina Gold (TSXV: LUM; US-OTC: LMGDF) has drilled its longest continuous section of mineralization at its Gran Bestia deposit in Ecuador, part of its Cangrejos gold-copper project. The company cut…
US markets rise, April 1-5: Lithium Americas, Sibanye-Stillwater, First Majestic
The spot gold price fell 0.04% to US$1,291.40 per ounce. The Philadelphia Gold & Silver Index rose 0.62% to 76.84 and the Dow Jones Industrial Average rose 1.9% to 26,424.99….
TSX Venture posts marginal gain, April 1-5: Cantex, Filo, Ximen
The S&P/TSX Venture Composite Index rose 0.47% to 629.81. Cantex Mine Development — whose chairman is Charles Fipke — posted the biggest gain, rising 94¢ to $3.43. The company announced…
Sable expands Margarita silver project with best intercept to date
Sable Resources (TSXV: SAE; US-OTC: SBLRF) has extended the mineralized corridor at its Margarita silver project in Chihuahua State, Mexico, 350 metres to the northwest with results from its ongoing…