ALASKA – Northern Dynasty Minerals has closed its previously announced bought deal, raising $11.5 million for its 100% owned Pebble copper-gold project 300 km from Anchorage. (All figures in U.S. dollars.) The original offering was to raise $5 million,…
COPPER-GOLD: Northern Dynasty offering raises $11.5M for Pebble project Read More »
The U.S. Environmental Protection Agency (EPA)’s decision to remove proposed restrictions on mining operations in Alaska’s Bristol Bay is being called a “massive de-risking event” for Northern Dynasty Minerals’ (TSX: NDM; NYSE-AM: NAK) Pebble project. …
Northern Dynasty seeks EIS, permitting for Pebble after ‘milestone’ EPA decision Read More »
NORTHWEST TERRITORIES – NorZinc of Vancouver has received the draft permits for an all-season road to its Prairie Creek zinc-lead project 200 km west of Fort Simpson. The permits were issued by the Mackenzie Valley Land and Water Board.Preview (opens&#…
ZINC-LEAD: NorZinc receives draft road permits for Prairie Creek project Read More »
Americas Silver (TSX: USA; NYSE: USAS) expects to start producing gold before year-end at its fully funded Relief Canyon project in Nevada, 153 km northeast of Reno. The mine will produce about 91,000 oz. gold per year over a 5.6 year…
The post A…
Americas Silver plans year-end gold production at Relief Canyon Read More »
ECUADOR – When reporting its operational and financial results for the second quarter of 2019, Lundin Gold announced that it expects first gold production from the Fruta del Norte project in Ecuador to be delivered in the fourth quarter of…
The p…
GOLD: Lundin expects Fruta del Norte’s first pour in Q4 2019 Read More »
YUKON – Vancouver-based Golden Predator Mining says the higher price of gold is good reason to advance the reopening of the former Brewery Creek gold mine 55 km east of Dawson City. The exploration program being stepped up and heavy…
The post GOL…
GOLD: Golden Predator advances Brewery Creek on higher gold price Read More »
Shares of Hudbay Minerals (TSX: HBM; NYSE: HBM) plunged 21.4% after a ruling by the U.S. District Court for the District of Arizona halted construction at the company’s Rosemont copper-molybdenum project in the state. The court challenged the U.S. Fore…
US court rules against Hudbay’s Rosemont project Read More »
QUEBEC – Nemaska Lithium, headquartered in Quebec City, has updated the 43-101 report for the Whabouchi lithium mine-mill project 300 km northwest of Chibougamau and the electrochemical plant in Shawinigan. Both the capex at $1.3 billion and the operat…
LITHIUM: Nemaska updates Whabouchi 43-101, costs remain steady Read More »
ARGENTINA – Toronto-based Barrick Gold says it remains committed to Latin American, outlining its plans for the next generation of new mine projects. President and CEO Mark Bristow addressed local community leaders and media in the town of San Juan.…
GOLD: Barrick outlines plans for growth projects in Latin America Read More »
DEMOCRATIC REPUBLIC OF CONGO – CITIC Metal Africa, a subsidiary of China’s state-owned CITIC Metal Co., has made a $612-million investment in Ivanhoe Mines. The funding news comes shortly after the company announced it will fast track the Kamoa-Kakula …
COPPER: CITIC pledges $612M to Ivanhoe for Kamoa-Kakula Read More »
