Junior Mining News

Lucapa digs up another large diamond, this time in Lesotho

By Cecilia Jamasmie Australia’s Lucapa Diamond (ASX:LOM) has found an 89-carat yellow diamond at its 70%-owned Mothae mine in Lesotho during the current bulk sampling program. The company’s managing director, Stephen Wetherall, said the recovery of such a large diamond so early in the bulk sampling program provided further proof that, just like the neighbouring

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Clarification of News Release dated June 28, 2018, “Maiden Trenching Confirms Potential Sources of Gold Nuggets at Mt Roe.”

By Hamza Ghaznavi NxGold Ltd. (TSXV:NXN) announces that, as a result of a review by the Investment Industry Regulatory Organization of Canada (“IIROC”), the Company wishes to clarify its latest news release dated June 28, 2018. The Company has made numerous references to gold nuggets and or visible gold in the news release without providing

Clarification of News Release dated June 28, 2018, “Maiden Trenching Confirms Potential Sources of Gold Nuggets at Mt Roe.” Read More »

Chile injects $1bn into state-owned copper giant Codelco

By Cecilia Jamasmie Chile’s government is giving state-owned Codelco $1 billion in “extraordinary” capitalization to help it fund an ambitious plan aimed at upgrading its aging mines and dealing with dwindling ore grades. The country’s mining minister, Baldo Prokurica, said the backing was essential for Codelco to keep up production numbers and so remain as

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Argonaut Gold Announces the Collegiate Tribunal Has Ruled to Reinstate the Explosives Permit at the La Colorada Mine

By Hamza Ghaznavi Argonaut Gold Inc. (TSX: AR) (the “Company”, “Argonaut Gold” or “Argonaut”) is pleased to announce that the Collegiate Tribunal (an arm of the State Supreme court that is tasked with overseeing the Judiciary court) has unanimously ruled to lift the suspension of the explosives permit at the La Colorada mine (see press

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Sibanye, Regulus join efforts to develop Argentina’s Altar project

By Cecilia Jamasmie South Africa’s Sibanye-Stillwater (JSE:SGL) (NYSE:SBGL), the precious metal miner target of several lawsuits over mounting deaths at its operations, said Friday it has inked an agreement with Canada’s Regulus Resources (TSX-V: REG), and its newly formed subsidiary Aldebaran Resources, to jointly unlock value at the Altar copper-gold project, in Argentina. Under the

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Centenera Announces Non-Brokered Private Placement

By Hamza Ghaznavi Centenera Mining Corporation (TSXV:CT; OTC:CTMIF) announces a non-brokered private placement (the “Financing”) of up to 4,166,666 units (each, a “Unit”) priced at $0.12 per Unit to raise a total of up to $0.5 million. Each Unit will consist of one common share in the capital of the Company (each, a “Share”) and

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