Editorial: Rio Tinto-led staking rush hits Australia’s Paterson province
As 2018 draws to a close, one of the more intriguing exploration stories of the year is shaping up in the Paterson province in a remote part of Western Australia’s…
Copper
TSX Venture falls, Nov. 26-30
The S&P/TSX Venture Composite Index fell 2% to 589.52. It has been on a slow but steady decline since the start of 2018. Shares of SilverCrest Metals rose 28¢ to…
Wealth Minerals to spin out copper company
Lithium-focused Wealth Minerals (TSXV: WML; US-OTC: WMLLF) says it will spin out a copper company, containing two copper exploration projects, that it plans to acquire in Chile. Wealth Copper will…
Carube expands gold anomaly at Main Ridge in Jamaica
Carube Copper (TSXV: CUC) has expanded the gold-in-soil anomaly at its Main Ridge gold project in Jamaica east to a 5.5 km total strike length. Though Carube has several copper…
TSX mixed, Nov. 26-30
Canada’s benchmark index rose 1.24% to end the trading week at 12,197.82. The S&P/TSX Global Mining Index fell 0.19% to 62.58 and the S&P/TSX Global Gold Index fell 1.4% to…
Flin Flon mining to stop in 2021, Hudbay memo says
Despite its best efforts, the “most likely scenario” is that in 2021, mining operations will cease in Flin Flon, Man., an internal memo to employees at Hudbay Minerals (TSX: HBM;…
Tinka boosts resource at Ayawilca in Peru
Additional drilling at Tinka Resources‘ (TSXV: TK) 100%-owned Ayawilca project in the zinc-lead-silver belt of central Peru, 200 km northeast of Lima, has significantly grown the project’s resource estimate from an…
Mirasol explores in Argentina, Chile
Mirasol Resources (TSXV: MRZ; US-OTC: MRZLF) is about to do something it doesn’t do often: drill one of its own projects. The Argentina- and Chile-focused precious metals project generator is…
Delrey completes IPO, explores Sunset cobalt project in BC
Delrey Metals (CNSX: DLRY) has finished its $165,000 phase one exploration program at its Sunset cobalt-copper-zinc property in southwest British Columbia. In September 2018, the company took 708 soil samples…
Nevada Sunrise preps for first drilling at Coronado
The U.S. Bureau of Land Management recently granted Nevada Sunrise Gold (TSXV: NEV; US-OTC: NVSGF) permits to drill the company’s newly optioned Coronado volcanogenic massive sulphide (VMS) project, located 48…
Crown Mining preps Moonlight for next copper rally
Earlier this year, Crown Mining (TSXV: CWM) bought 100% of the Moonlight-Superior property in northeastern California for US$375,000 in cash and 2.75 million shares. The land package is best known…
Kamoto Copper resumes exports after DRC lifts freeze order
Katanga Mining’s (TSX: KAT; US-OTC: KATFF) 75%-owned subsidiary, Kamoto Copper, has resumed importing and exporting materials, including production to and from the Democratic Republic of the Congo, after the government…