TNM Drill Down: CopAur Minerals’ Kinsley Mountain reports the week’s top assay
Our TNM Drill Down features highlights of the top gold assays of the past week (Nov. 17-24). Drill holes are ranked by gold grade x width, as identified by data…
Canada
American West samples high-grade copper, gold at Nunavut’s Tempest
American West Metals (ASX: AW1; US-OTC: AWMLF) on Monday reported bonanza-grade copper and zinc grab samples at the Tempest prospect of the Storm project in Nunavut. Samples assayed up to…
Bear Creek hopes to kick off work at $603M Peru silver project next year
Bear Creek Mining (TSXV: BCM) plans to start construction at its Corani silver property in Peru’s Puno region next year, as it continues looking for alternatives to finance the $603-million…
Foran Mining launches $200M private placement
Foran Mining (TSX: FOM; US-OTC: FMCXF) plans to raise $200 million through a private placement to support the exploration and development of its projects in Saskatchewan. The offering includes up…
Gold, silver to rise as political, economic risks grind
Gold and silver prices have been on a roller coaster over the past two years as prices have responded to the changing political and economic environment. A key shift came…
NGEx Minerals expands Lunahuasi drill program
Lundin Group copper and gold explorer NGEx Minerals (TSXV: NGEX) said Friday it has restarted and increased the drill rig count at the Lunahuasi project in Argentina to four following…
Empress Royalty buys US$5M Galaxy mine gold stream
Canada’s Empress Royalty (TSXV: EMPR) took a US$5 million gold stream on Golconda Gold’s (TSX: GG) Galaxy mine in South Africa on Friday as part of its expansion and revenue diversification…
Panama court to rule on First Quantum mine’s fate
Panama’s Supreme Court began deliberations on Friday to decide the future of First Quantum Minerals’ (TSX: FM) giant Cobre Panama copper operation, the Central American country’s only mine. The top…
Northcliff delays Sisson tungsten-moly project
Northcliff Resources (TSX: NCF) has announced a delay in the start of construction at its Sisson critical minerals project on environmental and community engagement grounds, now set for Dec. 3,…
LithiumBank DLE test shows >98% recovery in Alberta
LithiumBank Resources (TSXV: LBNK; US-OTC: LBNKF) says tests show more than 98% recovery from direct lithium extraction (DLE) at its Boardwalk brine project in Alberta. The DLE process by G2L Greenview…
Silvercorp Metals sweetens offer for Tanzania-focused OreCorp
Silvercorp Metals (TSX: SVM; NYSE: SVM) surprised the market on Thursday by increasing its cash offer for African gold developer OreCorp (ASX: ORR) by A$20 million (US$13 million). The improved…
Baffinland wins output hike after larger plan blocked
Canada has approved a 40% increase in output from ArcelorMittal-backed Baffinland Iron Mines in the country’s far north a year after denying it a larger plan to nearly triple production. Northern…