Altamira cuts high-grade gold structures in Brazil
Altamira Gold (TSXV: ALTA; US-OTC: EQTRF) wrapped up this year’s trenching program at its Cajueiro gold project in Brazil by discovering two new gold-bearing structures on…
South America
Lundin Gold completes one third of construction at Fruta del Norte
Underground mine development is on schedule and, at planned rates, Lundin Gold ( TSX: LUG) expects to reach the ore body at its Fruta del…
Fortuna’s Lindero on track for production in Q3 2019
Construction is accelerating at Fortuna Silver Mines’ (TSX: FVI; NYSE: FSM) Lindero project in northern Argentina and commercial production is planned to start at the…
Hochschild boosts mine life of Inmaculada
During a presentation at its Capital Markets Day in London, Hochschild Mining (LON: HOC) announced that brownfield drilling this year at its Inmaculada underground mine…
TSX posts gains, Oct. 29-Nov. 2
After falling as low as 14,639.70 in October 2018, Canada’s benchmark index rebounded to end the trading week up 1.55% to 15,119.28. The S&P/TSX Global…
Regulus spin-out Aldebaran Resources starts trading
Regulus Resources (TSXV: REG) spin-out Aldebaran Resources (TSXV: ALDE) debuted on the Toronto Venture Exchange at 90¢ before tumbling to 59¢ in mid-afternoon trading. Aldebaran…
Aurania’s Lost Cities project shows strong copper grades
Reconnaissance exploration at the Kirus and Jempe targets at Aurania Resources’ (TSXV: ARU); US-OTC: AUIAF) Lost Cities – Cutucu project in Ecuador has returned grab…
Guyana Goldfields cuts production guidance at Aurora
Shares of Guyana Goldfields (TSX: GUY; US-OTC: GUYFF) plunged 46% to $1.62, on news that the company has cut its 2018 production guidance and launched…
Horizonte completes feasibility on Araguaia nickel project in Brazil
Araguaia, one of the largest undeveloped ferro-nickel projects in the world, could produce about 52,000 tonnes of ferronickel a year over a mine life of…
US markets end in positive territory, Oct. 15-19
The Dow Jones Industrial Average rose 0.41% to 25,444.34, while the S&P 500 Index rose 0.02% to 2,767.78. Spot gold rose 0.74% to US$1,226.50 per…
Newmont’s Merian mine hits 1 million ounce milestone
Two years after commercial production began in October 2016, Newmont Mining’s (NYSE: NEM) Merian mine in Suriname has poured one million ounces of gold. Newmont…
Orbit Garant buys Burkina Faso drilling company
Orbit Garant Drilling (TSX: OGD), one of Canada’s largest drilling companies, took advantage of the last downturn to make a strategic move into Chile, and…