The negative effects of trade disputes on global growth this year will push down demand for base metals and steel-making commodities, while the economic uncertainty will drive gold prices higher, CIBC says. “CIBC economists are not forecasting a recess…
Slower growth weighs on base metals but constructive for gold, CIBC says Read More »
ARGENTINA – Canada’s Mirasol Resources announced that it has signed an option to purchase agreement which would allow it to complete the consolidation of the Sascha-Marcelina low sulphidation epithermal gold-silver district in the Santa Cruz province o…
GOLD-SILVER: Mirasol Resources expands in southern Argentina Read More »
ONTARIO – Canada’s federal government has approved the environmental assessment of Argonaut Gold ’s Magino gold project in Ontario. The open pit project must still receive provincial government approval for the EA and other key authorizations including…
GOLD: Argonaut Gold receives federal approval of Magino EA Read More »
NEWFOUNDLAND and NEW BRUNSWICK – Toronto-based Anaconda Mining has shared updated resource numbers for two gold projects – Great Northern near the village of Jackson’s Arm (Nfld.) and Cape Spencer 15 km east of Saint John (N.B.). The Great NorthernR…
GOLD: Anaconda updates resources at Great Northern and Cape Spencer Read More »
VANCOUVER – Imperial Metals has published its fourth quarter and year-end numbers for its operations. For the full year, the company produced 75.3 million lb. of copper and 79,056 oz. of gold. At the Red Chris copper-gold mine 80 km…
The post COP…
COPPER-GOLD: Imperial 2018 output up, despite Mount Polley decision Read More »
SASKATCHEWAN – The Star-Orion South diamond project 60 km east of Prince Albert is moving toward the bulk sampling stage. Owner Star Diamond Corp. says that Rio Tinto Exploration Canada – holder of an option to earn a 60% interest…
The post DIAMO…
DIAMONDS: Rio Tinto testing Star’s Orion South kimberlite Read More »
Adventus Zinc Corp. has named Gunther Sotomayor its VP projects. He has over 30 years of experience including leadership of technical and project development teams. He holds a BSc degree in mechanical engineering from the University of Witwatersrand, …
MINING PEOPLE: Adventus, Guyana Goldfields, Nemaska Lithium, and Stornoway Read More »
FINLAND – Outotec has been awarded a contract to design and deliver a mine paste backfill system to a nickel mine in Canada. The contract price is not disclosed, but similar deliveries are typically valued at C$30 million to $45 million. The order̷…
BACKFILL: Outotec to deliver paste fill system to Canadian mine Read More »
The most recent Annual Survey of Mining Companies by the Fraser Institute ranked British Columbia seventh among Canadian mining jurisdictions. But no other province or territory has had two new precious metal mines reach commercial production less than…
Brucejack, Silvertip among BC’s biggest recent successes Read More »
IDAHO – Ely Gold Royalties announced this week that, through its wholly owned subsidiary Nevada Select Royalty, it has entered into an option agreement with DeLamar Mining Company, a wholly-owned subsidiary of Integra Resources, to option a 100% intere…
GOLD: Ely Gold options Idaho gold project Read More »
