United States

The surface at Aurcana's Shafter silver mine in Presidio County, Texas, 375 km southeast of El Paso. Source: Aurcana

Aurcana shares pop on Red Kite loan proposal

VANCOUVER — Shareholders of Vancouver-based silver producer Aurcana (TSXV: AUN; US-OTC: AUNFF) received some good news at the end of June, as the company released details of a terms sheet from U.K.-based metal merchant RK Mine Finance…


A drill rig at Eurasian Minerals' Copper Basin copper project in Arizona. Photo by Gwen Preston.

Eurasian rethinks Arizona’s copper riches

PHOENIX, ARIZONA — “Here we are, in the middle of one of the most productive copper districts in the world — Arizona — and we were able to just stake this ground,” says David Cole, president and CEO of Eurasian…




Premier expands Cove’s resource envelope

In the latest batch of results from 20 holes drilled into the Helen Zone at Premier Gold Mines’ (PG-T, PIRGF-O) Cove gold project in northeastern Nevada’s Eureka-Battle Mountain Trend, 19 hit mineralization.


Ned Goodman’s rebellion won’t take Formation

VANCOUVER — Shareholders and a Supreme Court judge stymied an attempt by 17% shareholder Dundee (DC-T) to install new management and block an asset sale at Formation Metals (FCO-T), after a disagreement over how the cobalt-focused company…


Corvus bumps up economics at North Bullfrog

An optimized preliminary economic assessment (PEA) for Corvus Gold’s (KOR-T) North Bullfrog open-pit gold-silver project in southern Nevada has outlined a slightly larger project with substantially better returns.  



Lundin Mining's newly acquired Eagle nickel-copper project, 45 km northwest of Marquette, Michigan. Source: Rio Tinto

Lundin pulls trigger on US$325M Eagle deal

VANCOUVER — Lundin Mining (LUN-T) has been shopping for a base metal asset to add to its production portfolio, and on June 12 the company found a partner in Rio Tinto (RIO-N, RIO-L), which was looking to unload its development-stage Eagle…



Capstone Mining's   Santo Domingo iron oxide-copper-gold project in Chile. Source: Capstone Mining

Santo Domingo feasibility expected in less than a year

When Capstone Mining’s (CS-T) Santo Domingo iron oxide-copper-gold project in Chile eventually enters commercial production in 2017 or 2018 — at an estimated capital cost of between US$1.5 billion and US$1.8 billion — the…


Atna Resources' Pinson mine in Nevada. Source: Atna Resources

Atna sinks on Pinson review

Atna Resources (ATN-T) took a beating after notifying the market that it would reduce underground mining rates at its Pinson gold mine near Winnemucca, Nev.


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