Junior Mining News

Ray Dalio, Paulson keep faith in gold amid rate hike headwind

By Bloomberg News Billionaire hedge-fund managers John Paulson and Ray Dalio kept their faith in gold even as rising interest rates trim the metal’s gains. As of March 31, New York-based Paulson & Co. had 4.32 million shares in SPDR Gold Shares, the biggest exchange-traded product backed by bullion, according to a regulatory filing. That

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Company Updates From Management – Wed 16 May, 2018

By Cory Fireweed Zinc – Further Details On The Recent Metallurgical Results and PEA Timeline Yesterday Fireweed Zinc (TSXV: FWZ) released some metallurgical testing results and the market really took notice. Brandon McDonald, President and CEO, joins me to discuss the importance of the results and why he undertook this testing so early in the

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South Africa’s Tharisa taps Zimbabwean chrome reserves

By Reuters South Africa’s Tharisa strengthened its claim as an early mover in a hoped-for Zimbabwean mining renaissance on Wednesday by buying a slice of the chrome-rich Great Dyke region. Zimbabwe has attracted intense interest from miners with a promise of favourable terms as it seeks to reboot its economy after veteran leader Robert Mugabe

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Yamana begins gold and silver production at Cerro More mine in Argentina

By Cecilia Jamasmie Canada’s Yamana Gold Inc. (TSX: YRI) (NYSE: AUY) said it poured Tuesday first gold and silver doré at its Cerro Moro mine, located in Argentina’s Santa Cruz province. The Toronto-based miner, which began construction at Cerro Moro in 2015 and expects to finish building it this year, said ramp-up remained on track,

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Comstock Announces Interim CEO, And Director Resignations

By Anwesha Sengupta Comstock Metals (TSXV:CSL) (“Comstock” or the “Company”) announces Steven H. Goldman as Interim President and CEO; the Company has accepted the resignation of each of Dr. David Terry Ph.D. as President, Chief Executive Officer and Director and Mr. Ken Kuchling and Mr. Douglas Turnbull as Directors. Dr. Terry, Mr. Kuchling and Mr.

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Avino Reports 2018 Q1 Financial Results

By Nicole Rashotte Avino Silver & Gold Mines Ltd. (TSX:ASM) announced the consolidated financial results for the company’s first quarter ended March 31, 2018. Highlights are as follows: FIRST QUARTER 2018 HIGHLIGHTS Generated revenues of US$8.2 million from the sale of bulk concentrates Mine operating income of US$1.9 million Net income after taxes of US$0.8

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Kootenay to Acquire Copalito Silver-Gold Property in Mexico

By Nicole Rashotte Kootenay Silver Inc. (TSXV:KTN) announced that through the company’s wholly owned Mexican subsidiary has entered into an option agreement to acquire a 100 percent interest in the Copalito silver-gold project located in the State of Sinaloa, Mexico. As quoted in the press release: The Copalito project covers a gold and silver epithermal

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Sunvest Expands Clone Property, Stakes 3,900 Hectares

By Anwesha Sengupta Sunvest Minerals Corp (TSXV:SSS)(“Sunvest Minerals” or the “Company”) reports it has significantly expanded it’s tenure position on the Clone property, with the staking of 3,900 hectares (ha), representing an increase of 57%, that now totals 10,688 ha. Claims were strategically acquired to strengthen positions around several previously held Minfile prospects and showings

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