Newcrest takes 27% stake in Lundin Gold
Newcrest Mining (TSX: NCM), Australia’s largest-listed gold producer, is investing US$250 million for a 27.1% stake in Lundin Gold (TSX: LUG), a Canadian junior whose Fruta del Norte gold mine…
South America
TSX Venture Exchange inches higher, Feb. 5-9
After falling nearly 90 points in the first week of February, the S&P/TSX Venture Composite Index has levelled off, rising 0.2% to finish at 813.39. Shares of Gold Reserve rose…
US markets fall, Feb. 5-9
Gold closed at US$1,315.7 per oz., down 1.2% over the previous week. U.S. markets suffered as the Philadelphia Gold and Silver Index fell 6.6% to 78.35, and the Dow Jones…
Chakana surges on Venture debut
Shares of Chakana Copper (TSXV: PERU) gained 78% on their first day of trading and the release of assays from five shallow drill holes at the company’s Soledad copper-gold-silver project…
US markets rise slightly, Jan. 8-12
Gold closed Friday at US$1,337.40 per oz., up US$18.60 per ounce. The Philadelphia Gold & Silver Index and the Dow Jones Industrial Average both rose 2% to 89.11 and 25,803.19….
Aurania sees shares jump, identifies target in Ecuador
Shares of Aurania Resources (TSXV: ARU) skyrocketed in the first week of January after a senior analyst at The Casey Report recommended to his subscribers that they buy the junior…
Vanadium a ‘metal to watch’ in 2018, Hallgarten’s Ecclestone says
Prices for vanadium — a minor metal traditionally used to strengthen steel, and more recently a key component in new battery technology that could store electricity from solar and wind…
Brio advances Santa Luz in Brazil
Brio Gold (TSX: BRIO) has finished a positive preliminary economic assessment (PEA) for its C1 underground resource at its flagship Santa Luz project in Bahia State, Brazil, adding half a…
Filo sets stage for near-term copper production
VANCOUVER — Filo Mining (TSXV: FIL) is targeting production within five years at its flagship Filo del Sol copper-gold-silver project in the northern Chile-Argentina border region. The company was spun-out of…
US markets post gains, Dec. 11-15
Gold closed at US$1,255.10 per oz., up US$6.90 per oz. on the week. The Philadelphia Gold and Silver Index rose 4.1% to 80.23 and the Dow Jones Industrial Average rose…
Pan American Silver confirms ‘minor’ tailings spill at Huaron in Peru
Pan American Silver (TSX: PAA; NASDAQ: PAAS) has confirmed that a small tailings spill at its Huaron underground mine in central Peru, first reported in the local press, occurred earlier…
Lithium demand to triple by 2025, CRU expects
Regulations in China that plug-in hybrid electric vehicles and fully electric vehicles must make up 8% of all new vehicle production in the Asian juggernaut in 2018, rising to 10%…