Nighthawk Gold reports new results from Colomac project in NWT
Nighthawk Gold (TSX: NHK; US-OTC: MIMZF) has released new drill results from three of the five Colomac Centre deposits at its Colomac project in the Northwest Territories, about 200 km…
Metals and Minerals Markets
Barrick sells 22 royalties to Maverix Metals for up to US$60 million
Maverix Metals (TSX: MMX; NYSE-AM: MMX) is acquiring 22 royalties from Barrick Gold (TSX: ABX; NYSE: GOLD) including a 1% royalty on Skeena Resources’ (TSX: SKE; NYSE: SKE) Eskay Creek…
Lucapa finds Angola mine’s sixth-largest white diamond
Australia’s Lucapa Diamond (ASX: LOM) has recovered a 160-carat white Type IIa diamond at its prolific Lulo mine in Angola, the sixth-largest recovered at the operation to date. The diamond was found at the…
Moody’s cuts metals price calls amid slowing global growth
Credit rating firm Moody’s Investors Service has pared down its 12-month price outlook for a basket of metals and mining commodities, citing a global economic slowdown and softening demand. Essential…
Marathon Gold board gives nod to Valentine mine build in Newfoundland
Marathon Gold (TSX: MOZ) is moving ahead with its proposed Valentine open-pit gold mine in central Newfoundland after the company’s board approved construction. “The company’s decision to proceed with construction…
Quebec-focused Patriot Battery Metals rides high on best lithium hit to date
The Toronto-quoted equity of Patriot Battery Metals (TSXV: PMET; OTCQB: PMETF) jumped to a fresh 12-month high on Aug. 31 following the release of the company’s best lithium drill intercept…
Nexa Resources halts Peruvian zinc mine due to blockade
Latin America-focused Nexa Resources (NYSE: NEXA) has halted its Atacocha San Gerardo open pit zinc mine in Peru due to a road blockade by a local community. The zinc producer, controlled by…
TNM Drill Down: Top Ten best gold drill results year to date
While rising interest rates have weighed on the gold price since it hit its most recent peak of over US$2,050 per oz. in March, exploration for the yellow metal is…
Collective Mining drills 180.6 metres of 2.43 g/t gold equivalent at Apollo target in Colombia
Three diamond drills are turning at Collective Mining’s (TSXV: CNL; US-OTC: CNLMF) newly discovered copper-gold-silver Apollo target in west-central Colombia. Apollo is one of eight porphyry-related targets the company has…
TSX closes in the red during Aug. 22-26
Over the Aug. 22-26 trading period, the S&P/ TSX Composite Index fell 238.09 points or 1.18% lower, to 19,873.29. The S&P/TSX Global Mining Index gained 2.37 points or 2.54% to…
U.S. markets lose steam during Aug. 22-26 trading week
The Dow Jones Industrial Average fell 1,423.34 points or 4.22% to 32,283.40, and the S&P 500 closed the trading week at 170.82 points or 4.04% lower at 4,057.66. The week’s…
TNM Drill Down: Top Ten best nickel drill results year to date
The need to discover new sizeable economic nickel deposits has never been more acute as the world transitions to a clean-energy-driven economy that relies heavily on nickel-based battery technologies and…