Zijin mulls multi-billion expansion of Serbian copper mine
China’s Zijin Mining Group is said to be planning an expansion of its Cukaru Peki mine in eastern Serbia, as demand for copper is expected to surpass supply. According to…
Gold
Pan American Silver sees a 10% resource decline despite Yamana additions
Pan American Silver (TSX: PAAS; NASDAQ: PAAS) has recorded a 10% year-on-year decrease in its gold-equivalent reserves and resources, an analysis by Canaccord Genuity mining analyst Carey MacRury has found….
Nickel Creek Platinum shares drop as prefeasibility puts Shaw project capex at $1.7B
Nickel Creek Platinum (TSX: NCP; US-OTC: NCPCF) shares fell by 16.7% to 2.5¢ each on Friday after the company released a prefeasibility study giving its Nickel Shaw project in southwest…
Foremost Lithium completes US$4M public offering, NASDAQ listing
Foremost Lithium Resource & Technology (NASDAQ: FMST; CSE: FAT) has completed its underwritten public offering in the United States with the sale of 800,000 units at US$5.00 each for total…
Perseus Mining shares up on increase in West African gold reserves
An update for Perseus Mining‘s (ASX: PRU; TSX: PRU) West African operations has increased resources and reserves by 6% at three of its gold mines. The company operates the Sissingué…
Aton Resources takes first step to secure mining licence at Abu Marawat in Egypt
Aton Resources (TSXV: AAN) has taken the initial step towards securing a mining licence for its 100% owned Abu Marawat concession located in the Eastern Desert of Egypt, where numerous…
Luminex reaches ‘historic’ agreement with informal miners around Ecuador gold project
Luminex Resources (TSXV: LR; US-OTC: LUMIF) says it has reached “a historic and unprecedented” mediated agreement with informal miners in the Condor North portion of its Condor gold project in…
TNM Drill Down: Didipio drilling underlines depth potential
Our TNM Drill Down features highlights of the top gold assays from Aug. 11-18. Drill holes are ranked by gold grade x width, as identified by our data provider Mining Intelligence….
Tucano Gold to take over Great Panther’s Tucano mine in Brazil
Tucano Gold has entered into a definitive deal to acquire the subsidiaries of Great Panther Mining, Mina Tucano and Tucano Resources Mineração, for consideration of BRL1.00 (US20¢) per share, along…
Talon Metals’ shares rise on high-grade nickel-copper and PGE results in Minnesota
Talon Metals (TSX: TLO) has reported high-grade results from drilling at its Tamarack nickel-copper-cobalt project in central Minnesota that boosted its share price by up to 8% this morning.Drill hole…
Victoria Gold returns to normal operations after Yukon wildfire evacuations
Victoria Gold (TSXV: GCX) reported on Monday that its Eagle gold mine in the Yukon has resumed operations, having weathered the impacts of wildfire activity in the Canadian territory with…
Vale agrees to pay over US$106M in compensation to Minas Gerais evacuees
Vale (NYSE: VALE) has agreed to pay 527 million reais (US$106 million) in compensation to residents of Barão de Cocais, a town in Minas Gerais state, where residents were forced…