Russia slams Trump’s order to spur mining the moon, asteroids
Space agency Roscosmos has likened the Presidential order to colonialism.
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Precious Metals
3 of 5 Hecla mines remain operational
NYSE-listed silver and gold producer Hecla Mining is continuing to operate three of its five operations, with the mines in the US – Greens Creek in Alaska, its Nevada operations and Lucky Friday, in Idaho – deemed essential businesses. However, owing t…
3 of 5 Hecla mines remain operational Read More »
TSX-V approves Seagull Lake JV
The Toronto Venture Exchange (TSX-V) has approved a transaction in which Quadro Resources obtained an option to acquire a 70% interest in the platinum-palladium prospective Seagull Lake property from fellow-listed White Metal Resources. The project, wh…
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Golden Minerals reports promising economics for Mexico project
Colorado-based miner Golden Minerals has reported positive findings in a preliminary economic assessment (PEA) and updated mineral resource estimate for the Velardeña Properties, which is the company’s silver and gold project located in Durango state, …
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Mexico’s mining halt to hit silver supply
The country is the world’s largest miner of the metal, accounting for roughly 23% of world production.
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Austral expands Pingüino with project acquisition
ASX- and TSX-V-listed Austral Gold will expand the area of its Pingüino project by securing an additional 7 000 ha, resulting in a new exploration cluster in Santa Cruz, Mexico.
The company on Wednesday announced the acquisition of an 80% interest in …
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Canadian Malartic mine put on temporary care and maintenance
Intermediate precious metal royalty company Osisko Gold Royalties announced on March 25 that, following the announcement by Agnico Eagle Mines and Yamana Gold – the operators of the Canadian Malartic Mine – operations at the mine would be ramped down a…
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Beowulf, Vardar invest further in Kosovo soil sampling programme
Aim-listed Beowulf has provided investment alongside founders and existing shareholders in Vardar Minerals to fund a soil sampling programme across the Madjan Peak gold target, at Vardar’s Mitrovica licence, in Kosovo.
Beowulf is investing £30 000, w…
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Sibanye prepares South African ops for downtime, warns of depressed guidance
Following President Cyril Ramaphosa’s announcement of a nationwide lockdown from March 26 to slow the spread of Covid-19 in South Africa, JSE-listed gold and platinum group metals (PGMs) miner Sibanye-Stillwater is preparing its local mines to be wound…
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Record high gold prices are coming: analysts
By Ellsworth Dickson In a world of collapsing stock prices due to the coronavirus (COVID-19),…
Record high gold prices are coming: analysts Read More »