ECUADOR – Lumina Gold’s Cangrejos porphyry gold-copper project in Ecuador is growing, thanks to a 40,000-metre drill program that has upgraded and expanded resources at the Cangrejos deposit and resulted in a first time resource at the Gran Besti…
GOLD: Lumina grows its Cangrejos project in Ecuador Read More »
Foran Mining (TSXV: FOM) is on track to complete a feasibility study before the end of the year on its flagship McIlvenna Bay volcanogenic massive sulphide deposit in Saskatchewan. The deposit – situated on the western edge of the Flin Flon…
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Foran Mining advances McIlvenna Bay in Saskatchewan Read More »
BOTSWANA – A new feasibility study shows that underground development at Lucara Diamond’s rich Karowe diamond mine in Botswana could double the mine life of the operation. Open pit mining at the operation is expected to last until mid-2025. For…
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DIAMONDS: Feasibility confirms strong case for Karowe underground Read More »
Vermelho – One of the largest and highest-grade undeveloped laterite nickel-cobalt resources in the world – will generate US$7.3 billion in total cash flow over 38 years, Horizonte Minerals (TSX: HZM; LON: HZM) says. The company acquired the Brazilian …
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BRITISH COLUMBIA – Vancouver-based Spanish Mountain Gold has completed the preliminary economic assessment for the first phase of work at its Spanish Mountain gold project 70 km northeast of Williams Lake. The PEA proposes mining the central higher gra…
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ONTARIO – Canada Cobalt Works of Coquitlam, B.C., has poured its initial three silver bars at the Castle silver-cobalt mine 75 km south of Kirkland Lake, near the town of Gowanda. The pour was part of a proof of concept…
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AUSTRALIA – Poseidon Nickel’s interim CEO, David Riekie, announced this week that a final investment decision can be expected in the current quarter on the proposed A$30-million restart of the Black Swan nickel mine in Western Australia. Talking at the…
NICKEL: Fate of Black Swan nickel project to be decided before year-end Read More »
ONTARIO – Toronto-based First Cobalt Corp. has turned the power on at its refinery in the town of Cobalt. A team of engineers and technicians will conduct a field program in support of the definitive feasibility study underway by Ausenco…
The pos…
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NORTHWEST TERRITORIES – The recent fall-off of the cobalt price has Fortune Minerals thinking it will stick with the smaller proposed NICO cobalt-gold-bismuth-copper project 160 km northwest of Yellowknife. In 2014, a feasibility study suggested a mine…
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ONTARIO – Resources in the open pit planned for the Hardrock gold deposit near Geraldton have risen to 5.8 million oz., according to Premier Gold Mines of Thunder Bay, Ont. The deposit is part of the Greenstone project, a 50:50…
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