TNM Drill Down: Musgrave hits bonanza grades at Cue
Our TNM Drill Down features highlights of the top gold assays from July 28 to Aug. 4. Drill holes are ranked by gold grade x width, as identified by our…
Metals and Minerals Markets
Lundin’s Fruta del Norte drilling could ‘open doors’ to resource growth
Lundin Gold’s (TSX: LUG) largest drill program since 2007 in the Fruta del Norte (FDN) district in southeast Ecuador has confirmed the continuity and expansion potential of recent discoveries Bonza…
Alamos feasibility reveals big reserves increase, capex required
An updated feasibility study on Alamos Gold’s (TSX: AGI; NYSE; AGI) Lynn Lake project in Manitoba, Wednesday showed a big increase in reserves, but also a big increase in expected…
Niger coup does little to move uranium price
The global uranium industry is bracing for potential fallout from a recent military coup in Niger, accounting for about 5% of global nuclear fuel production. Several miners active in Niger…
TNM Drill Down: New Found’s Queensway South points to more discoveries
Our TNM Drill Down features the top gold assays of the week of July 21-28. Drill holes are ranked by gold grade x width, as identified by data provider Mining Intelligence….
TSXV inches higher during July 24-28 trading week
The S&P/TSX Venture Composite Index added 13.1 points or 2.1% over the July 24-28 trading session to end at 625.1. This week, leading in terms of value gainers was Sigma…
Hudbay’s Snow Lake discovery could stretch mine life past 2038
The first discovery in a decade at Hudbay Minerals’ (TSX: HBM; NYSE: HBM) Lalor mine in Snow Lake, Man., has given it a run at finding another anchor deposit to…
Top ten US juniors to mid-tiers, outside of precious metals, coal
Nuclear fuel providers again led the largest United States-based junior and mid-tier mining companies valued from US$250 million to US$2 billion, excluding precious metals and coal producers. The data as…
Explorers on high alert as challenging wildfire season rages
Canada’s most destructive wildfire season is ongoing. While conditions improve in Eastern Canada, Western Canada-focused explorers still face widespread interruptions to their summer field seasons. According to the Canadian Interagency…
Canadian gold miners post strong Q2 performance
A number of gold companies released record operating and financial results after Wednesday’s market close. Agnico-Eagle, Alamos Gold, New Gold, Perseus Mining, and Westgold Resources all reported impressive figures, beating…
Teck cuts copper guidance on lower output at QB2
Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK), Canada’s largest diversified miner, has revised down copper production targets for the year after its Quebrada Blanca 2 open-pit mine in northern Chile…
Rio Tinto to miss 2025 emissions cuts targets
The world’s second largest miner won’t be able to achieve a targeted 15% carbon emissions reduction by 2025, unless it uses carbon offsets.