Argonaut shines in Q2 as El Castillo delivers
With increased production from its flagship El Castillo complex in Mexico, junior gold miner Argonaut Gold (TSX: AR; US-OTC: ARNGF) posted stronger profits and revenue in the second quarter. For…
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Alio’s Q2 hampered by lower gold grades
Alio Gold (TSX: ALO; NYSE: ALO) reported higher production costs and lower metal revenues in 2018’s second quarter compared to the same quarter in 2017, largely due to complications at…
Top 10 US-based, mid-tier precious metals
The Northern Miner presents its top-10 list of the largest U.S.-headquartered mid-tier to junior precious metal companies, by market capitalization: 1. COEUR MINING Market cap: US$1.5 billion Chicago-based Coeur Mining…
Nevsun’s board recommends shareholders reject Lundin takeover bid
VANCOUVER — Nevsun Resources’ (TSX: NSU; NYSE-AM: NSU) board is unanimously recommending shareholders reject Lundin Mining’s (TSX: LUN; US-OTC: LUNMF) bid to buy all of Nevsun’s shares at $4.75 per share, the…
Rubicon tackles bulk sample at F2 gold deposit
Rubicon Minerals (TSX: RMX; US-OTC: RBYCF) has begun processing between 25,000 and 30,000 tonnes of mineralized bulk sample taken from the F2 deposit at its Phoenix gold project near Red…
Hecla scores US$12M profit in Q2
Precious metals miner Hecla Mining (NYSE: HL) has posted a second quarter profit of US$11.9 million on sales revenue of US$147.3 million, powered in large part by a significant decline…
Minerals commentary: Replenishing the diamond pipeline is a daunting task for miners
Given that most of the highly economic diamond deposits in the world have already been put into production, diluted via expansion or depleted, going forward the economics of diamond mines…
Site visit: Fission pushes PLS forward in Athabasca
PATTERSON LAKE, SASK. — Fission Uranium (TSX: FCU; US-OTC: FCUUF) is in the midst of a $6.4-million, mid-year work program at its near-surface Patterson Lake South (PLS) uranium project in northwestern Saskatchewan….
Filo upgrades indicated resource at flagship project on Chile-Argentina border
Filo Mining (TSXV: FIL) has substantially increased indicated resources at its 100% owned Filo del Sol copper-gold-silver deposit, located 140 km southeast of the city of Copiapo, Chile, on the Chile-Argentina…
Landore tallies gold resource at Bam north of Thunder Bay
Guernsey, U.K.-based junior Landore Resources (LON-AIM: LND) has tallied a new resource estimate for the Bam gold deposit on its 100%-owned Junior Lake gold property, located 235 km northeast of…
Condor receives La India permit in Nicaragua
Condor Gold (TSX: COG; LON: CNR) has received an environmental permit to build and operate a 2,800 tonnes per day processing plant at its 100% owned La India gold project…
Franco-Nevada teams with oil firm Continental Resources to buy mineral rights
Franco-Nevada (TSX: FNV; NYSE: FNV) and Continental Resources (NYSE: CLR) have struck a strategic relationship to jointly buy mineral rights in the Scoop and Stack oil & gas plays in Oklahoma….