US indexes gather pace during May 15-19 trading week
The Dow Jones Industrial Average gained 126.01 points or 0.4% to 33,426.63 and the S&P 500 added 67.9 points or 1.6 % over the week to 4,191.98. Among the week’s…
Metals and Minerals Markets
Hudbay holds firm on Peru, even as focus turns to North America
Hudbay Minerals (TSX: HBM; NYSE: HBM) says it wants to maintain its long-term exposure to politically volatile Peru as its short-term focus turns, for the time being, to completing an…
Marimaca Copper’s resource revamp lobs it into the ‘globally significant’ arena, says CEO
Marimaca Copper (TSX: MARI) has reported a 44% lift in measured and indicated resources at its Marimaca Oxide Deposit (MOD) in Chile that will underpin an expanded operation in an…
Discovery-geared Collective pries more porphyry secrets from Guayabales
Since going public in May 2021, Colombia-focused Collective Mining (TSXV: CNL) has made four notable discoveries, including the Apollo high-grade porphyry system last June. Its share price has reflected its…
Alamos brings Midas touch to Puerto Del Aire near Mulatos
Drilling by Alamos Gold (TSX: AGI; NYSE: AGI) has extended high-grade gold mineralization outside the Puerto Del Aire (PDA) underground deposit next to its cornerstone Mulatos open pit in Sonora…
Lucara loses lustre as diamond production, sales disappoint
Lucara Diamond (TSX: LUC; BSE: LUC) has reported lower production and sales figures during the March quarter as mine sequencing and persisting soft market conditions weighed on the bottom line,…
Silver price surge set to continue on lower mine supplies, growing green demand
Global mined silver production has fallen 10% below the record highs of the past decade and underpins the recent price rally and potential further gains, new Bank of America analysis…
Indonesia emerges as a cobalt powerhouse amid surge in demand
Demand for cobalt is set to more than double by 2030 to 388,000 tonnes as the electric vehicle (EV) sector shifts into overdrive, says a new Benchmark Mineral Intelligence report….
Faraday Copper PEA ‘scratches the surface’ with a US$2.7B, 32-year Copper Creek plan
Faraday Copper (TSX: FDY; US-OTC: CPPKF) has released a preliminary economic assessment (PEA) outlining a long-life project at its Copper Creek project in southern Arizona that could produce 51,100 copper-equivalent…
Tearlach confirms Gabriel lithium discovery in Nevada
The first rush assay results from Tearlach Resources’ (TSXV: TEA) initial drilling program on the Gabriel lithium project in Nevada have confirmed a discovery last year by Blackrock Silver (TSXV:…
Lumina’s Cangrejos ranks as 26th-largest global gold asset, according to new PFS
A new prefeasibility study on Lumina Gold’s (TSXV: LUM, US-OTC: LMGDF) Cangrejos gold-copper project in El Oro province, southwest Ecuador, substantially improves the large but low-grade project’s economics. The study,…
Namibia-focused Osino cuts best gold hit yet
Osino Resources (TSXV: OSI; US-OTC: OSIIF) has reported the best gold drill intercept in the company’s history at its Ondundu project in Namibia. Hole ONRC23-017 returned 109 metres grading 2.3…