Zinc and Lead
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Hudbay reports fatality at Lalor mine, suspends mining
Underground mining at Hudbay Minerals‘ (TSX: HBM; NYSE: HBM) Lalor gold-copper-zinc mine in Snow Lake, Man., has been suspended after the death of a worker on Saturday, June 19. The worker, employed by a service provider, was fatally injured after…
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JV Article: Modern exploration techniques could unlock potential of Slave Lake Zinc’s O’Connor Lake
Slave Lake Zinc’s (CSE: SLZ) 100%-owned O’Connor Lake project in the Northwest Territories, about 185 km southeast of Yellowknife and 150 km east of Hay River, has the potential to be a very significant base metal producer, says Ritch Wigham, the…
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Alexco raising $25M+ for Keno Hill work
Alexco Resource (TSX: AXU; NYSE: AXU) has announced a bought deal public offering worth at least $25 million with which to advance work at its Keno Hill silver project in Yukon. The company will issue 7.1 million common shares at…
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Foran weighs drill program expansion for McIlvenna Bay on results, $100M investment
Foran Mining (TSXV: FOM) is considering expanding the 30,000-metre drill program under way at its McIlvenna Bay project in Saskatchewan after receiving encouraging results and a deal with Fairfax Financial Holdings for a $100-million investment. Drilling at McIlvenna Bay continues…
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Keno Hill silver reserves jump 22% for Alexco
Alexco Resource Corp. (TSX: AXU; NYSE: AXU) has boosted silver content at its Keno Hill project in Yukon by 22% to 1.44 million tonnes grading 804 g/t silver, 3.84% zinc, 2.64% lead and 0.31 g/t gold in proven and probable reserves.…
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McIlvenna Bay world’s first carbon neutral copper project
Foran Mining (TSXV: FOM; OTCQX: FMCXF) reports that its 100%-owned McIlvenna Bay is the world’s first carbon neutral copper development project. The milestone was reached following the completion of carbon purchases to offset emissions from 10 years of exploration. The…
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Kristeneberg mine expansion to cost Boliden $185M
Swedish miner Boliden expects to spend approximately $185 million (1.25 billion krona) expanding its Kristenberg mine toward the Rävliden ore zone. The expansion will help boost mill throughput to 1.8 million tonnes annually in the Boliden area of Sweden. The…
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JV Article: Osisko Metals’ Pine Point on track to be a major source of clean, high-grade zinc concentrate
Osisko Metals’ (TSXV: OM; US-OTC: OMZNF) Pine Point project in the Northwest Territories has “all the ingredients you want for an outstanding base metals project,” says the company’s Chairman and CEO Robert Wares. The past-producing zinc-lead project, located about…
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HighGold steps out Johnson Tract in Alaska
Final results for nine holes drilled as part of a 32-hole drill program completed last year at HighGold Mining’s (TSXV: HIGH) gold-polymetallic project in southcentral Alaska expand mineralization by 180 metres down-plunge, and on strike of earlier stepout intercepts. Overall,…
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Eloro drilling continues to outline potential ‘world class’ silver-tin deposit in Bolivia
Eloro Resources (TSXV: ELO) has released results from five holes drilled at its Iska Iska silver-polymetallic deposit in southern Bolivia, where a 50,000-metre drill program is underway. Highlights from drilling at the Santa Barbara Breccia pipe (SBBP) include: 73.3 metres…
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Solar power to reduce emissions, costs, at Trevali’s Rosh Pinah mine
Trevali Mining (TSC: TV) is looking to solar power to reduce its greenhouse gas emissions at its Rosh Pinah underground zinc-lead mine in southwestern Namibia. The Canadian base metals miner has signed a 15-year renewable power purchase agreement with Emerging…
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Arizona Metals raising $15M to triple Kay Mine drilling to 75,000 metres
Toronto-based Arizona Metals (TSXV: AMC) has entered into an agreement with a syndicate of underwriters, led by Stifel GMP and Clarus Securities, to raise $15 million. These funds are expected to allow the Arizona-focused explorer to triple its Kay Mine…
