Reverse circulation (RC) drilling at Liberty Gold's (TSX: LGD) Black Pine project has discovered a third zone of oxide gold mineralization - D-3 - underneath the historic drilling boundary in southern Idaho.The new zone is defined by three holes: two of these, LBP125 and LBP129, are 450 metres apart and lie in the same section, while the third, LBP127, was drilled 215 metres to the south.Drill hig...Read More
In a new research note entitled, Making a Comeback, Haywood Securities' Pierre Vaillancourt has adjusted his price outlook for copper and nickel "to reflect the improving economic conditions," although the mining analyst cautions that he remains "wary of the extent of the recovery."Vaillancourt has raised its outlook for copper this year to US$2.60 per lb. from his previous US$2.45 per lb. (US$2.5...Read More
Apollo Gold (TSXV: APGO) has signed a letter of intent to acquire a group of properties in Jalisco state, Mexico, from First Majestic Silver (TSX: FR; NYSE: AG). The deal is the second option agreement the junior has announced since April.Apollo, which changed its name from Inform Resources in May, also announced a $5 million private placement financing.The Jalisco properties consist of six proper...Read More
This week's episode features an interview with Agnico Eagle Mines vice chair and chief executive officer Sean Boyd at the Canadian Mining Symposium, held on Zoom on June 16, 2020. Northern Miner group publisher Anthony Vaccaro asked Boyd how the company dealt with the coronavirus, his rating of the mining industry on ESG, and the importance of jurisdiction when choosing mine sites.All this and mor...Read More
Caldas Gold (TSXV: CGC) has announced a US$110 million streaming transaction with Wheaton Precious Metals (TSX: WPM; NYSE: WPM) to expand operations at the Marmato project in Colombia.The proceeds will be used to fund the expansion of Caldas' mining operations in the Deeps Zone, located in the Department of Caldas, the company said.Under the agreement, Wheaton will purchase 6.5% of the gold produc...Read More
Hudbay Minerals (TSX: HBM; NYSE: HBM) has filed its initial brief with the U.S. Court of Appeals regarding the decision made by the U.S. District Court for the District of Arizona almost a year ago that halted the construction of its Rosemont copper project.In July 2019, the District Court revoked the U.S. Forest Service's issuance of the final record of decision for Rosemont, which is expected to...Read More
Gold prices continued to rally on June 22, heading toward the highest since February 2012, after massive inflows into gold-backed exchange-traded funds (ETFs) in the United States.Gold for delivery in August, the most active contract on the Comex market in New York, touched a high of US$1,779 per oz., the highest since February 2012.The World Gold Council reported that June 19 saw a massive 27.3 t...Read More
Canadian junior Silver Dollar Resources (CNSX: SIL) plans to earn 80% of First Majestic Silver's (TSX: FR; NYSE: AG) La Joya silver-copper-gold project, 75 km southeast of the city of Durango in Mexico.A preliminary economic assessment (PEA) in 2013 of the first phase of the project outlines an open pit mine with an initial nine-year mine life and a conventional mill and flotation-leaching plant t...Read More
Libya's coastal city of Sirte, a strategic gateway to major oil facilities, has emerged as a critical point of contention between Turkey and Russia, with France also scrambling to impede Turkey via NATO.Read full newsRead More
The American Petroleum Institute reported late Tuesday that U.S. crude supplies rose by 1.7 million barrels for the week ended June 19, according to Reuters....Read full newsRead More
The wall of money flowing into banks has no precedent in history: in April alone, deposits grew by $865 billion, more than the previous record for an entire year.Read full newsRead More
Joe Biden could accelerate a new battlefront in the fight against climate change by forcing financial institutions to adopt safeguards that would restrict the fossil fuel industry's access to low-cost capital, pushing producers to keep oil and gas in the ground.Read full newsRead More
If more companies continue to be gobbled up by Chinese mining companies, there certainly seems that something strategic is going on behind the scenes...Read full newsRead More
Montreal, Qu?(C)bec, Jun 22, 2020 (GLOBE NEWSWIRE via COMTEX) --Montreal, Qu?(C)bec, June 22, 2020 (GLOBE NEWSWIRE) -- Maya Gold & Silver Inc. (Read full newsRead More
Canada's geological terrain and adherence to the rule of law position the country as a go-to destination for companies looking to establish and operate mineral projects.Read full newsRead More
Gold is everywhere in modern life, but most people know little about the environmental impacts of gold mining.Read full newsRead More
The gold belt is known for its rich geological environment.Read full newsRead More
Adamera Minerals Corp. announces that is has closed the first traRead full newsRead More
Pancontinental Resources Corporation has signed a Purchase AgreemRead full newsRead More
QMX Gold Corporation is pleased to announce its 2020 summer exploRead full newsRead More