TSX rises, Jan. 24-Jan. 28 trading week
The S&P/TSX Composite Index rose 120.36 points or 0.58% to 20,741.75 during the January 24 to January 28 trading week. The S&P/TSX Global Mining Index fell 3.20 points or 3.02%…
Silver
Fresnillo cuts production targets on Omicron labour shortage
Shares in Fresnillo (LSE: FRES) fell more than 14% after the Mexico-focused miner cut silver production forecast for 2022, saying that labour absences fuelled by the Omicron variant were expected…
Adventus, Salazar secure $235.5M to advance Curipamba copper project
Adventus Mining (TSXV: ADZN; US-OTC: ADVZF) and Salazar Resources (TSXV: SRL; US-OTC: SRLZF) have secured financing of US$235.5 million with which to advance their Curipamba copper project in central Ecuador….
Key insights from the inaugural Future Minerals Forum in Riyadh
Saudi Arabia is one of the world’s oil powerhouses, boasting the second-largest proven reserve of the slick stuff. Still, as the inaugural Future Minerals Forum recently held in Riyadh heard,…
US markets fall during the Jan. 10-14 trading week
The Dow Jones Industrial Average fell 319.85 points or 0.88% to 35,911.81 and the S&P 500 dropped 14.18 points or 0.30% to 4,662.85. Spot gold climbed US$21.10 per oz. or…
Argentina seeks US$10 billion in mining exports by 2030
Argentina’s government is increasing efforts to attract foreign investor to its mining sector and boost the country’s metals and minerals output as a March deadline to restructure billions of dollars…
Westhaven posts initial 1M oz open pit gold resource for Shovelnose in BC
Westhaven Gold (TSXV: WHN) has released its first resource for its Shovelnose gold-silver project in British Columbia’s Spences Bridge Gold Belt, outlining an open pit resource at the South zone. Indicated resources are 10.6 million…
JV: Evergold hits highest grades yet at Golden Lion in B.C.
Canadian explorer Evergold (TSXV: EVER; US-OTC: EVGUF) owns precious-base metal projects in Nevada and the Toodoggone and Golden Triangle regions of British Columbia. The Toronto-headquartered junior is focused on advancing its…
Libero reports assays from Big Bulk project in B.C.
Assay results from a five-hole drill program at Libero Copper & Gold’s (TSXV: LBC) Big Bulk porphyry copper project in British Columbia’s Golden Triangle have confirmed a strike length that’s greater than two km…
Avino totals 137M oz. silver-equivalent at La Preciosa
The latest resource estimate for the La Preciosa silver project, which is being acquired by Avino Silver and Gold Mines (TSX: ASM; NYSE: ASM), totals 137 million oz. of silver-equivalent…
Argentina’s Chubut province repeals new open-pit mining law after protests
Argentina’s Chubut province has reversed a decision to allow open pit mining in certain zones of the province following protests against the law. On December 15, the province approved a…
Fortuna Silver receives EIA extension for San Jose mine in Mexico
Mexico has granted Fortuna Silver Mines (TSX: FVI; NYSE: FSM) a 12-year extension to its environmental impact authorization for the company’s San Jose mine in Oaxaca state, after first denying the extension in November. “After continued dialogue and technical…