New Found Gold boosts Queensway budget to $35M, drilling to 200,000 metres
Based on drill results to date at its Queensway gold project in Newfoundland, junior New Found Gold (TSXV: NFG) has doubled the size of its drill program to 200,000 metres…
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Corvus expands mineralisation at Mother Lode
Corvus Gold (TSX: KOR; US-OTC: CORVF) has reported drill results from the second hole in the new northern feeder zone target on the Central Intrusive zone (CIZ) at its Mother Lode project…
Initial production at Kamoa-Kakula expected in less than six months
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) announced that underground development at its Kamoa-Kakula copper project in the Democratic Republic of the Congo mined and stockpiled 269,000 tonnes of ore grading…
Intercontinental Gold completes first zinc-silver concentrate shipment from Bolivia
Intercontinental Gold and Metals (TSXV: ICAU) has completed the first zinc-silver concentrate shipment from its toll processing facility in Bolivia. The commodity trading firm reported that the initial shipment added…
Botswana extends Lucara’s licence for Karowe to 2046
Lucara Diamond (TSX: LUC) said Botswana has renewed the company’s mining licence for its Karowe mine for another 25 years, paving the way to fully move the mine’s underground expansion to…
Argonaut executes fixed bid contract for Magino gold project
Argonaut Gold (TSX: AR; US-OTC: ARNGF) has executed a fixed bid engineering, procurement, construction and commissioning contract (EPC contract) with Ausenco, an engineering and construction management company. The EPC contract…
Lucapa kicks off 2021 with 113-carat diamond find at Lulo
It’s the seventeenth rock over 100 carats found at the Angolan mine.
Las Bambas blockades affect Peru copper shipments
In a Dec. 29 communiqué reproduced by state-owned news agency Andina, the Peruvian Ministry of Energy and Mines (Minem) expressed its opposition to the blockades taking place on the Southern…
Newcrest moves ahead with Gorbea project in Chile
Mirasol Resources (TSXV: MRZ) announced that Newcrest Mining (TSX: NCM) has exercised its option to enter the farm-in phase of its joint venture to develop the Gorbea gold project in Chile by…
Rising nickel prices to support project development, Fitch says
In a recent industry report, Fitch Solutions forecast nickel mine production will grow by 8.3% year-on-year in 2021, above the average growth of 5.9% year-on-year over 2010-2019, but not fully…
Kirkland Lake Gold reports wide, high-grade intersections at Detour Lake
Kirkland Lake Gold (TSX: KL; NYSE: KL) announced results from 25 holes (19,523 metres) and one wedge hole (1,110 metres) of drilling at the Detour Lake property in northern Ontario….
Nighthawk drills 155 metres of 1.36 g/t gold at the Colomac Main Sill
Nighthawk Gold (TSX: NHK; US-OTC: MIMZF) has released assay results for four drillholes completed at zones 2 and 2.5 of the Colomac Main Sill within its Indin Lake gold property…