Junior Mining News

KGHM to go ahead with $2bn expansion of Sierra Gorda copper mine in Chile

By Cecilia Jamasmie Polish miner KGHM (WSE:KGH), Europe’s second-largest copper producer, was given Monday environmental approval for a $2 billion expansion and upgrade of its flagship Sierra Gorda mine in northern Chile, 60 km south-west of the town of Calama. The state-controlled company grabbed the copper and molybdenum project in 2012, after completing the acquisition

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Sun Metals Announces Second Drill at 15,000 Metre Stardust Drill Program

By Scott Tibballs Sun Metals (TSXV: SUNM) has announced that a second diamond drill has commenced drilling at its flagship Stardust project in north-central British Columbia. According to the release, the second drill will focus on new target areas while targets related to expansion of the current resource are being tested by the first rig.

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Chris Temple from The National Investor – Mon 27 Aug, 2018

By Cory댊 Was Powell’s Speech At Jackson Hole Really The Dovish? Chris Temple joins me to recap Jerome Powell’s speech last Friday at Jackson Hole. I have read a number of commentaries that concluded that it was a dovish speech. however I did not have the same takeaway. Chris shares his thoughts and correlated what

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Hammer Metals: Jubilee Drilling Intersects High Grade Copper-Gold

By Scott Tibballs Hammer Metals (ASX:HMX) has announced significant results from a three-hole diamond drilling program, including 5.5 m at 14.5 grams per tonne (g/t) gold and 6.87 percent copper from 74 m within 14 m at 5.93 g/t gold and 2.19 percent copper from 66 m in HJDD003. Additionally, the results include individual maximum

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PolarX: Latest Assay Returns 9.3m at 3.3 Percent Copper

By Scott Tibballs PolarX (ASX:PXX) has announced more strong assay results from well outside the resource boundary at the Zackly copper-gold deposit within its Alaska Range project. As quoted in the press release: The latest assays confirm a high-grade, 9.3m wide down-hole interval of magnetite skarn containing 3.3 percent copper, 2.3 grams per tonne (g/t)

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Famous yellow diamonds yielding mine set to reopen

By Cecilia Jamasmie The Ellendale mine produced almost half of the world’s supply of rare yellow diamonds during peak production, and was also the main supplier of fancy-yellow diamonds for luxury jewelry retailer Tiffany & Co. (Image courtesy of Government of Western Australia.) The mothballed Ellendale mine in Western Australia, renowned for its fancy yellow

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Gold bulls seen waiting a bit longer for the great short squeeze

By Bloomberg News After investors collectively placed the biggest gold short on record, traders have been waiting for the tide to turn — potentially in dramatic fashion. But the rally on Friday may not be the short squeeze the bulls had been waiting for. Bullion futures rebounded as dovish Federal Reserve comments were seen weakening

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