Centamin grows Sukari gold reserves for third straight year
Egypt-focused Centamin (TSX: CEE; LSE: CEY) has grown its resource and reserve base at its Sukari gold mine for the third year in a row. The company said Sukari’s reserves…
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Sigma Lithium shares up after news its review process will run into 2024
Sigma Lithium (TSXV: SGML; NASDAQ: SGML) shares rose 10% on Tuesday morning after the company announced it will continue its strategic review process into 2024. The company has entered into…
Pan Am Silver’s La Colorado Skarn project is large but manageable, BMO says
Pan American Silver’s (TSX: PAAS; NYSE: PAAS) La Colorada Skarn project in Mexico could mine 50,000 tonnes of ore a day to produce 17.2 million oz. a year of silver,…
TNM Drill Down: OceanaGold hits high grades with Haile Underground drilling
Our TNM Drill Down features highlights of the top gold assays from Dec. 8-15. Drill holes are ranked by gold grade x width, as identified by data company Mining Intelligence….
Cordoba’s Alacran feasibility unlocks US$40M payment from Chinese partner
Cordoba Minerals (TSXV: CDB; US-OTC: CDBMF) has delivered a feasibility study for its Alacran joint venture in Colombia that outlines a US$420.4-million copper project with a 14.2-year mine life. China’s…
Dundee spends C$287M to acquire Osino’s Twin Hills gold project in Namibia
Dundee Precious Metals (TSX: DPM) is buying Osino Resources (TSXV: OSI; US-OTC: OSIIF) for $287 million in cash and shares to acquire its advanced-stage Twin Hills gold project in Namibia. The…
Can beaten-up junior miners fight illegal short-selling?
Terry Lynch began to notice unusual price movements in Power Nickel (TSXV: PNPN; US-OTC: PNPNF)’s stock (then called Chilean Metals) years ago. The shares consistently traded down at the end…
Explainer: Naked short selling
This “explainer” is intended to supplement to this recently published story on illegal short selling. Covered vs. naked “Covered” short selling is a legal way to profit in a falling…
Jaguar grows gold reserves at MTL in Brazil after Iamgold acquisition
Jaguar Mining (TSX: JAG; US-OTC: JAGGF) has more than doubled its probable gold ounces at the MTL complex in Brazil including assets it bought from Iamgold (TSX: IMG; NYSE: IAG)…
Panama rejects Orla Mining request for permit extension
Orla Mining (TSX: OLA; NYSE: ORLA) said Monday that Panama’s government had rejected the company’s request for permit extensions at three mining concessions that make up its Cerro Quema gold…
Arizona Lithium rides momentum ahead of Prairie project PFS
Arizona Lithium (ASX: AZL) has raised A$16.5 million (US$11 million) in flow-through funding as it prepares to release results of a prefeasibility study for its Prairie lithium project in Saskatchewan….
Double gold mine buy gives Genesis Minerals critical mass Down Under
Genesis Minerals (ASX: GMD), targeting growth in Western Australia, has purchased the Bruno-Lewis and Raeside gold projects from Kin Mining (ASX: KIN) for $48 million (A$53.5 million). The acquisition boosts…