TSX Venture plummets, March 16-20: Skeena, Azimut, Rock Tech
The S&P/TSX Venture Composite Index plummeted 8.84% (34.58 points) to finish the week at 356.54. Spot gold finished the week at US$1,498.80 per oz., down US$31.10 per oz., or 2.03%….
Silver
Lundin Mining puts zinc expansion on hold to prevent spread of coronavirus
Lundin Mining (TSX: LUN) has put the brakes on zinc expansion activities at its Neves-Corvo operation in Portugal, joining the rising number of companies taking precautionary steps in the face…
Foran tables PFS for McIlvenna Bay
A pre-feasibility study (PFS) released by Foran Mining (TSXV: FOM) for its wholly owned McIlvenna Bay project in Saskatchewan envisions a 3,600 t/d underground mine with on-site processing and tailings…
Colombia, Ecuador & Peru Snapshot: Companies active in prospective countries
Colombia, Ecuador and Peru all host prospective geological settings for mineral exploration. While they remain under-explored by modern-day standards, South America’s reputation as an established mining destination gives a head…
TSX Venture rises, March 2-6: Aurania, Chesapeake, Rokmaster
The S&P/TSX Venture Composite Index rose 1.80% to 506.54 and gold finished the week at US$1,673.10 per oz., a rise of US$87.60 per oz. from the previous week. Shares of…
TSX falls, March 2-6: Balmoral, Equinox, Maya Gold & Silver
The S&P/TSX Composite Index fell 0.54% to 16,175.02. The S&P/TSX Global Mining Index rose 3.84% to 74.17, while the S&P/TSX Global Base Metals Index fell 4.94% to 81.10. Spot gold…
Max Resources hails new Cesar discovery
Max Resources (TSXV: MXR; US-OTC:MXROF) has discovered a high-grade outcrop at its wholly owned Cesar copper-silver project in northeastern Colombia, about 140 km north of the capital, Bogota. The Cesar…
Nexa completes PEA for Hilarion in Peru
Nexa Resources (TSX: NEXA; NYSE: NEXA) has released a preliminary economic assessment (PEA) for a potential underground mine at its Hilarion project in Peru — one of the largest undeveloped…
AI pays off for Yamana, Goldspot at El Penon
GoldSpot Discoveries (TSXV: SPOT) issued a statement commending Yamana Gold (TSX: YRI; NYSE: AUY) for using machine learning technology to improve exploration targeting and contribute to meaningful increases in mineral…
Excellon to acquire Otis in all-share deal
Silver producer Excellon Resources (TSX: EXN) has announced plans to acquire developer Otis Gold (TSXV: OOO) in an all-share deal worth an estimated $32.3 million, based on recent closing stock prices. Excellon’s main…
Global Exploration Snapshot: West Africa and South America remain popular
Rising gold prices and better operational and financial discipline are motivating companies more than ever to seek new ounces to fill their production pipelines. Below is a look at eight…
TSX Venture drops, Feb. 17-21: K92, Great Bear, New Pacific, Novo Resources
The S&P/TSX Venture Composite Index fell 2.14% to 582.67 and gold finished the week at US$1,643.00 per oz., up US$59.40 per ounce. Drill results from the Kora North Extension of…