United States
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ZINC-LEAD-COPPER: Kinross takes 9.7% stake in Wolfden
TORONTO and THUNDER BAY, Ont. – Kinross Gold has acquired 12.5 million shares at $0.20 a share of Wolfden Resources for a $2.5 million investment for a 9.7% stake in the junior exploration company. The two companies will form of a committee to…
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EDUCATION: Eighth annual Veolia scholarship goes to U of Arizona student
DENVER – Veolia Water Technologies sponsored a $2,000 scholarship at the Society of Mining, Metallurgy, & Exploration (SME) 2019 annual meeting and exhibition last week. One specific criterion for the Veolia scholarship was that the applicants show an interest in…
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Revival Gold builds scale at Beartrack and Arnett in Idaho
Revival Gold (TSXV: RVG; US-OTC: RVLGF) has reported the last four holes from its 2018 drill program at its contiguous Arnett and Beartrack gold projects in Lemhi County, Idaho, 17 km from the town of Salmon. The company drilled 900 metres…
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GOLD: Para pours first doré bar
ARIZONA – Para Resources announced this week that it successfully tested the full CIP circuit at its Gold Road mine in Oatman, Ariz., including a test pour of gold. In a press release, the Vancouver-based miner said that a 40-oz. doré…
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COPPER: Hudbay buys out Rosemont partner for US$75M
ARIZONA – Toronto’s Hudbay Minerals has reached an agreement with United Copper and Moly to buy out UCM’s 7.95% interest in the Rosemont copper project 50 km southeast of Tucson. The purchase includes termination of all UCM’s remaining earn-in and…
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First Vanadium tables maiden resource at Carlin
First Vanadium (TSXV: FVAN; US-OTC: FVANF) has tabled a maiden resource for its 4.6-sq.-km Carlin vanadium project, nearly 10 km south of Elko, Nevada. The project lies in the Carlin gold trend, a 20 minute drive from the town of Carlin.…
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GOLD-SILVER: Canadian miner ready to drill at century-old Philadelphia project
ARIZONA – Arizona Silver Exploration received this week approval from the U.S. Bureau of Land Management to start an initial six-hole exploration drilling program on the Philadelphia project, located in Mohave County. In a press release, Arizona Silver said that…
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EDITORIAL: Barrick, Newmont settle on Nevada JV
Much has been speculated about mergers among gold producers since Barrick Gold announced the takeover of Randgold Resources last September. The $6-billion Barrick-Randgold deal came together without a hitch and was finalized on Jan. 2, 2019, making Barrick once again…
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COBALT: First Cobalt extends Iron Creek mineralization by 150 metres
IDAHO – First Cobalt Corp. of Toronto has drilled its deepest hole to date at the Iron Creek cobalt project between Challis and Salmon. The hole reached a depth of 611 metres and confirmed that mineralization in the No Name…
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Gold Standard Ventures’ Railroad project ‘attractive potential target,’ Macquarie says
With Barrick Gold’s (TSX: ABX; NYSE: GOLD) hostile takeover bid for Newmont Mining (NYSE: NEM) and the scrutiny of both companies’ assets in Nevada, Gold Standard Ventures‘ (TSXV: GSV) Railroad project in the state is “increasingly an attractive potential target,” mining analysts…
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GOLD-SILVER: Snapshot: Drills turn across the Americas in search of precious metals
Gold and silver remain the preferred targets for North American mineral explorers, with thousands of campaigns ongoing across the globe. Here is a look at eight such companies. ALAMOS GOLD Alamos Gold is a Toronto-headquartered intermediate gold producer with four operating…
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EXPLORATION: The Americas, West Africa and Australasia remain popular
While gold miners have been making substantial profits in recent quarters thanks to rising gold prices and better operational and financial discipline, they continue to seek new ounces via the drill bit to fill their production pipeline. Below is look…
