Liberty Gold triples TV Tower resource in Turkey
Liberty Gold (TSX: LGD; US-OTC: LGDTF) has released a new resource estimate for its majority-owned TV Tower project in Turkey, tripling the existing resource on a gold-equivalent basis compared with…
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Mason PEA from Hudbay suggests potential to double copper output
A preliminary economic assessment (PEA) on Hudbay Minerals’ (TSX: HBM; NYSE: HBM) Mason porphyry copper project in Nevada outlines a large-scale open pit operation that could become the third-largest copper…
Canadian First Nation challenges DeBeers’ mine waste plans
Canada’s Attawapiskat First Nation it’s challenging the construction of a new mine landfill near the community in the province of Ontario, which is being proposed by diamond miner giant DeBeers….
Battery and ‘green’ metals brighten outlook for mining sector
The transition to electric vehicles could take a decade or two but demand for the key metals in batteries and energy storage systems will only continue to grow as the…
Arizona Metals raising $15M to triple Kay Mine drilling to 75,000 metres
Toronto-based Arizona Metals (TSXV: AMC; US-OTC: AZMCF) has entered into an agreement with a syndicate of underwriters, led by Stifel GMP and Clarus Securities, to raise $15 million. The funds…
Three Ontario First Nations declare moratorium on Ring of Fire development
The Attawapiskat, Fort Albany, and Neskantaga First Nations in the James Bay lowlands of Ontario, Canada have declared a moratorium on “any development in or to facilitate access to the…
Managing the trifecta: Three forces set to power lithium-ion supply chains
The recent grounding in the Suez Canal of the Ever Given, a 20,000 TEU container ship, has highlighted the fragility of global oil supply and need for more resilient supply…
Nighthawk drills 5.5 metres of 207.18 g/t gold at Treasure Island
Assay results from 2020 drilling at the Colomac deposit and Treasure Island zone at Nighthawk Gold’s (TSX: NHK; US-OTC: MIMZF) Indin Lake gold property in the Northwest Territories suggest potential…
QC Copper to buy 50% share in ‘strategic’ Roger project in Quebec
QC Copper and Gold (TSXV: QCCU; US-OTC: QCCUF) has signed a definitive agreement with Pasofino Gold (TSXV: VEIN; US-OTC: EFRGF) to add a 50% share of the Roger copper-gold project…
Rusoro to pursue $1.5B award against Venezuela following French Supreme Court ruling
The French Supreme Court, the Cour de Cassation, overturned a decision by the Paris Court of Appeal which had annulled part of the damages portion of the arbitral award granted…
TSX Venture up, March 29-April 1
The S&P/TSX Venture Composite Index rose 1.86% to finish the trading week at 960.84. Spot gold fell US$3 per oz., or 0.17%, to US$1,730.30 per ounce. Rusoro Mining rose 2¢ to…
US markets mixed, March 29-April 1
The Dow Jones Industrial Average rose 0.24% to finish the week at 33,153.21 and the S&P 500 fell 0.77% to 3,913.10. Spot gold dropped US$3 per oz., or 0.17%, to US$1,730.30…