Rockcliff drills Tower deposit in Manitoba
Recent drill results from Rockliff Metals’ (CSE: RCLF) wholly owned Tower property in central Manitoba have increased the strike length of the Tower deposit to 1,000 metres and hit mineralization…
Silver
Ecuador’s constitutional court allows referendums on new mining projects
Ecuador’s highest court has ruled that communities have the right to hold referendums on whether or not proposed large and medium-scale mines can move forward, but said the public can…
Eskay Mining drills near-surface VMS mineralization in BC
Eskay Mining (TSXV: ESK) has reported assay results for drill hole TV20-35, completed at the TV target within the Corey area in B.C.’s Golden Triangle, which hit 11 metres of…
Wheaton Precious Metals plans London listing by year-end
Wheaton Precious Metals (TSX: WPM; NYSE: WPM), one of the world’s largest gold and silver streaming companies, plans to list on the London Stock Exchange (LSE) to boost exposure to…
TSX mixed, Sept. 14-18
The S&P/TSX Composite Index fell 0.15% to 16,198.97 during the Sept. 14-18 trading week. The S&P/TSX Global Mining Index rose 0.52% to 101.18, and the S&P/TSX Global Base Metals Index…
Callinex says Pine Bay could revitalise Flin Flon
The Flin Flon mining district, which straddles Manitoba and Saskatchewan, hosts Hudbay Minerals’ (TSX: HBM; NYSE: HBM) 777 mine. The underground mine, which has been producing base and precious metals…
CIBC predicts $32 silver, $2,300 gold in 2021
CIBC has raised its gold price forecasts to US$2,300 per oz. in 2021, US$2,200 per oz. in 2022, US$2,100 per oz. in 2023 and US$2,000 per oz. in 2024. This…
Central Asia Metals reports tailings leak in North Macedonia
Central Asia Metals (AIM: CAML) has reported that tailings from its Sasa zinc-lead mine have leaked into a local river in North Macedonia. The leakage, discovered at 5 a.m. on…
Pickett Mountain ‘one of North America’s highest-grade undeveloped polymetallic deposits’, says Wolfden VP
Wolfden Resources (TSXV: WLF) has released a preliminary economic assessment (PEA) for its Pickett Mountain massive sulphide project in northern Maine, 5 km from the nearest highway and 24 km…
BMO keeps long-term price targets at $1400 per oz. gold, $18.25 per oz. silver
BMO Capital Markets forecasts gold prices will rise by 8-16% during the 2021-2024 period, and average above US$1,800 per oz. through 2023, it announced in a research note today. Average…
TSX Venture declines, Aug. 31-Sept. 4
The S&P/TSX Venture Exchange was down 1.56% to 733.69. Spot gold fell 1.5%, or US$29.50 per oz., finishing the week at US$1,934.80 per ounce. Shares of Cornerstone Capital jumped $1.24…
‘Dividends create a financial discipline’: Yamana’s Peter Marrone on how to run a gold company at the Global Mining Symposium
Executive chairman and founder of Yamana Gold (TSX: YRI; NYSE: AUY), Peter Marrone, spoke on the second day of the Global Mining Symposium about the company’s assets, its strategy, and his views…