Foraco sees revenue rise 25% in Q2
Drilling company Foraco International (TSX: FAR) has just had its strongest quarter since the third quarter of 2014, and says it confirms a positive trend it has observed throughout 2017…
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Site visit: Continental Gold cruising to production at Buritica
“Buritica is the flagship mining project for Colombia,” says Mateo Restrepo, president of Continental Gold (TSX: CNL; US-OTC: CGOOF). The project is more important here than it might be almost…
Aquila tables feasibility study for Back Forty in Michigan
Nearly two months after receiving its final environmental permit, Aquila Resources (TSX: AQA; US-OTC: AQARF) has tabled a positive feasibility study for its Back Forty polymetallic project, located 19 km…
Chris Stewart leaving Treasury to join McEwen Mining
Intermediate gold and silver miner McEwen Mining (TSX: MUX; NYSE: MUX) is picking up a new president and chief operating officer in the form of mining engineer Chris Stewart, who…
Editorial: C-suite departures hit Barrick, Teck, Lundin
The sudden and unexpected departure in late July of Barrick Gold president Kelvin Dushnisky — and more tellingly, the lack of a named replacement and the unusual vacancy in Barrick’s…
Copper Mountain positioned for growth at flagship mine in BC
Copper Mountain Mining (TSX: CMMC; US-OTC: CPPMF) is wrapping up the second phase of a three-part exploration program at its New Ingerbelle copper property, 1 km west of its Copper…
Austral Gold sees mixed quarter in South America
Sydney, Australia-based Austral Gold (TSXV: AGLD; ASX: AGD) is reporting mixed results in quarterly production from its two precious metals mining complexes: the small Casposo gold-silver mine in Argentina; and…
McEwen increases gold production in Q2
McEwen Mining (TSX: MUX; NYSE: MUX) has reported strong second quarter financial and production results, largely building on last year’s results. The company produced 36,959 oz. gold in the second…
TSX slips as gold stumbles, July 23-27
Canada’s benchmark index fell 0.25% to 16,393.95. The S&P/TSX Global Mining Index rose 0.98% to 72.68, while the S&P/TSX Global Gold Index fell 3.58% to 182.08. The gold price fell…
Commentary: The graphite opportunity within the EV boom
One cannot open the paper or go online these days without seeing articles about the rosy future for electric vehicles (EVs) and grid storage, and the resultant growth in lithium…
Orford buys Condor Precious Metals, bags $1.3 million
Toronto-based gold junior Orford Mining (TSX-V: ORM) has completed its acquisition of privately held Condor Precious Metals Inc., which holds $1.25 million in cash and marketable securities plus two royalties…
Tanzania Royalty updates PFS after government-forced review
Tanzanian Royalty Exploration (TSX: TNX; NYSE: TRX) has tabled an updated pre-feasibility study (PFS) for its Buckreef gold project in Tanzania with a reserve estimate. It replaces last year’s PFS,…