Editorial: Worries of lithium oversupply dog market
There’s no better example of how unhinged the junior mining market can get than the last few releases in August from Toronto-based Desert Lion Energy…
News
Palamina expands gold footprint at Veta
Palamina (TSXV: PA; US-OTC: PLMNF) is continuing to expand the Veta gold zone at its Coasa gold project in south eastern Peru. The company discovered…
TSX Venture Exchange falls, Sept. 3-7
Gold Reserve rose 17¢ to $3.35 per share. The company recently received Venezuelan government bonds with an estimated market value of US$88.5 million as payment…
Balmoral expands newly optioned Gargoyle property by 1,600%
In August, Balmoral Resources (TSX: BAR; US-OTC: BALMF) optioned the Gargoyle nickel property, 55 km northeast of Atikokan, Ontario. Just a few weeks later, it…
Barkerville tests at Bonanza Ledge exceed expectations
Test mining of an initial 80,000 tonnes at Barkerville Gold Mines’ (TSXV: BGM; US-OTC: BGMZF) Bonanza Ledge underground gold mine in south central B.C. returned…
TSX falls, Sept. 3-7
Canada’s benchmark index fell 1.06% to 16,090.27 during a shortened trading week. The S&P/TSX Global Mining Index fell 4.3% to 62.70 and the S&P/TSX Global…
US markets edge lower, Sept. 3-7
The U.S. Bureau of Statistics released its job report showing that the unemployment rate remained unchanged in August at 3.9%. Base metals were down during…
Pure Gold on track to build Ontario’s next gold mine
Pure Gold Mining (TSXV: PGM) is on its way to finishing a definitive feasibility study (DFS) of its Madsen gold project in Ontario’s Red Lake…
RNC finds multimillion-dollar gold nuggets at Beta Hunt
RNC Minerals (TSX: RNC) has found a 95-kilogram specimen of rock containing 2,400 oz. gold worth an estimated $4 million and another 65-kilogram specimen with…
Bluestone tables two new resources for Cerro Blanco
Bluestone Resources (TSXV: BSR; US-OTC: BBSRF) has tabled a new resource estimate for its Cerro Blanco underground gold-silver project in Guatemala, upgrading resources to the…
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…
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….