McEwen bolsters Black Fox with new resource
McEwen Mining (TSX: MUX; NYSE: MUX) has tabled a maiden resource for its Stock East gold deposit and an updated resource for its Froome gold deposit to go with numerous…
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CIBC initiates coverage of Equinox Gold
CIBC has launched coverage of junior developer Equinox Gold (TSXV: EQX) with an outperform rating and a 12-18 month target price of $1.30 per share. The stock is currently trading…
BHP buys SolGold stake for US$35M
BHP Billiton (NYSE: BHP; LON: BLT) is acquiring a 6.1% stake in SolGold (TSX: SOLG; LON: SOLG), which is developing its Cascabel porphyry copper-gold project in Ecuador. BHP is buying…
Southern Silver extends mineralization at Cerro Las Minitas
Southern Silver (TSXV: SSV; US-OTC: SSVFF) is seeing some encouraging results from its 12,000 metre drill campaign at its Cerro Las Minitas silver-zinc project in Durango State, Mexico. An early…
Commerce hopes new US policy will benefit rare earth projects
Commerce Resources (TSXV: CCE; US-OTC: CMRZF) has spent the past 10 years developing its Ashram rare earth element (REE) project in northern Quebec. Like many REE miners, Commerce’s fate has…
Avalon discovers lithium pegmatite
A new lithium pegmatite Avalon Advanced Materials (TSX: AVL; US-OTC: AVLNF) is naming Snowbank has been found 4 km northwest of the company’s main Separation Rapids lithium deposit, near Kenora,…
Alamos boosts Island Gold’s reserves, grades
After incorporating 65,600 metres of exploration drilling in the first half of the year, Alamos Gold (TSX: AGI; NYSE: AGI) has increased the reserves and resources at its Island Gold…
Osisko bumps Cariboo royalty to 4%
Osisko Gold Royalties (TSX: OR; NYSE: OR) has agreed to acquire an additional 1.75% net smelter return royalty (NSR) for $20 million on the Barkerville Gold Mines’ (TSXV: BGM; US-OTC:…
Aztec chases silver-zinc deposits at Tombstone
Aztec Minerals (TSXV: AZT; US-OTC: AZZTF) has started surface exploration at its newly optioned Tombstone silver-zinc district, 104 km southeast of Tucson, Arizona. The company is chasing multiple mineralization types,…
Continental Gold employee killed in Colombia
Two mining engineers employed by Continental Gold (TSX: CNL; US-OTC: CGOOF) in Colombia were attacked by armed men in the town of Buritica, near the company’s gold project. One of…
Nevsun agrees to $1.86B Zijin takeover bid
Nevsun Resources (TSX: NSU; NYSE: NSU) has agreed to Zijin Mining’s (HGK: 2899) friendly take-over bid which values Nevsun at $6 per share or $1.86 billion. Nevsun shares jumped nearly…
Semafo’s Boungou mine achieves commercial production
Since its first gold pour at the end of June, Semafo’s (TSX: SMF) Boungou mine in Burkina Faso has produced more than 12,000 ounces of gold. The mine officially moved…