Junior Mining News

De Beers buys Canada’s Peregrine Diamonds for $81 million

By Cecilia Jamasmie Anglo American’s De Beers has bought Canada’s Peregrine Diamonds (TSE:PGD), the company behind the Chidliak mine in the Canadian territory of Nunavut, as the world’s largest roughs producer by value needs to replace its closing mines in the country. The Cdn$107 million-deal ($87m) extends De Beer’s footprint in Canada’s frozen north beyond […]

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Nevada Sunrise Announces Commencement of Airborne Survey on Coronado VMS Property in Nevada

By Anwesha Sengupta Nevada Sunrise (TSXV:NEV) is pleased to announce that an airborne electromagnetic survey has commenced on the Coronado VMS property (“Coronado”, or the “Property”), located in the Tobin and Sonoma Range of Pershing County, Nevada, approximately 30 miles (48 kilometers) southeast of Winnemucca. “Nevada Sunrise continues to search for undiscovered value in mineral-rich

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Fremont Identifies Silica Alteration and Arsenic in Soils at North Carlin Project, Nevada

By Hamza Ghaznavi Fremont Gold (TSXV:FRE) is pleased to announce that it has completed ground magnetometer and soil geochemical surveys over the Coyote and Alkali claim blocks on the northern part of the Carlin Trend (collectively, the North Carlin Project). Complete geochemical results have been received for the Coyote block, while geochemical results from the

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Nevada Sunrise Announces Commencement of Airborne Survey on Coronado VMS Property in Nevada

By Hamza Ghaznavi Nevada Sunrise (TSXV:NEV) is pleased to announce that an airborne electromagnetic survey has commenced on the Coronado VMS property (“Coronado”, or the “Property”), located in the Tobin and Sonoma Range of Pershing County, Nevada, approximately 30 miles (48 kilometers) southeast of Winnemucca. “Nevada Sunrise continues to search for undiscovered value in mineral-rich

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Enforcer Gold reports 7.0 % zinc and 1.2 g/t gold over 6 meters and provides resource estimate update at Roger project

By Hamza Ghaznavi Enforcer Gold Corp. (TSXV:VEIN) is pleased to report on the historical drill results of a second style of mineralization known to occur on the Roger project. Roger is advantageously located 5 km north of Chibougamau, Quebec, has all-season road access and is crossed by a power line that serviced the past-producing Troilus

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The Wrong Chinese Stocks Are Falling… Which Just Opened A Quick Buying Window

By Jody Chudley This post The Wrong Chinese Stocks Are Falling… Which Just Opened A Quick Buying Window appeared first on Daily Reckoning. While President Trump’s trade war with China (and most every other country) has had little impact on the stock market here in the United States, it has had a very noticeable impact

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Miners wrote off almost one-third of investments over last decade

By Cecilia Jamasmie While global miners invested almost $1 trillion in major projects over the last decade, almost one-third of that — $273 billion to be precise — was written off, research from Morgan Stanley shows. In a study carried out in conjunction with PricewaterhouseCoopers (PwC), the American investment bank found that the extent of

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Gold Miner Signs Letter to Fund Copperstone Gold Development and Production

Source: Streetwise Reports 07/19/2018 Letter of Intent signed for US$27.6 million. Kerr Mines Inc. (KER:TSX; KERMF:OTC; 7AZ1:FRA) recently announced the signing of a Letter of Intent with Pandion Mine Finance for US$27.6 million to fund the development and production of gold at the Copperstone Mine by Q4/19. The financing is subject to the execution of

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New Discovery Returns Gold Grades Up to 336 g/t

Source: Streetwise Reports 07/19/2018 The results highlight a mineralized trend in a new area near the existing mine site. Cabral Gold Inc. (CBR:TSX.V; CBGZF:OTC.MKTS) announced in a July 19 press release initial sampling and exploration results from an ongoing program assessing the potential of newly discovered high-grade veins at the Machichie site, within the Cuiú

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