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…
Silver
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…
‘Investors are still on the sidelines’: John Hathaway says precious metals and mining stocks in ‘early days’ at the Global Mining Symposium
Prominent gold commentator John Hathaway appeared on the second day of The Northern Miner’s Global Mining Symposium. In January, after 22 years at Tocqueville Asset Management, the veteran investment manager…
Mexican gov’t scraps key mining post in austerity drive
Mining companies operating in Mexico are showing concern, after the country’s government scrapped the mining sub-secretary post, one of the Ministry of Economy units, as part of a broader austerity…
Benchmark drills ‘excellent grades’ at Lawyers project in BC
Benchmark Metals’ (TSXV: BNCH; US-OTC: CYRTF) latest results from drilling the Cliff Creek zone at its Lawyers project in B.C.’s Golden Horseshoe region, includes 31 metres of 2.98 grams gold…
‘Surround yourself with good people’: Franco-Nevada’s Paul Brink on building a multigenerational gold company at the Global Mining Symposium
The Northern Miner’s three-day Global Mining Symposium kicked off on Tuesday with a one-on-one interview with Paul Brink, president and CEO of Franco-Nevada (TSX: FNV; NYSE: FNV). The Northern Miner’s…
Troilus Gold study envisions open pit and underground mine in Quebec
A preliminary economic assessment (PEA) for Troilus Gold’s (TSX: TLG; US-OTC: CHXMF) namesake project in Quebec has outlined a 22-year, 35,000-tonne-per-day open pit and underground mine, with the 9,000 tonne-per-day…
Ecuador court rejects INV Metals’ referendum request on Loma Larga
Ecuador’s Constitutional Court has struck down a request for a referendum on mining activities at INV Metal’s (TSX: INV) Loma Larga underground mine project in Azuay province’s Cuenca canton, the…
New management brings ‘modern thinking’ to environmentally-challenged Bunker Hill Mine
For over a century, the mines of Silver Valley in the Coeur d’Alene Mountains in northern Idaho have been a source of tremendous mineral wealth. From the mid-1880s, those mines…