United States
-
COBALT: eCobalt updates construction progress at Idaho Cobalt project
IDAHO – eCobalt Solutions of Vancouver continues to advance construction on its Idaho cobalt project near the town of Salmon. The project is on time and on budget. When completed this will be the only near term, environmentally permitted primary…
-
TIRES: Bridgestone expands product line for underground mining
NASHVILLE, Tenn. – Bridgestone Americas has expanded its off-the-road (OTR) product portfolio to include a new size of the Bridgestone VSMS2 tire. The tire is now available in size 29.5R25 in the United States and Canada. Designed for underground mining,…
-
Bayhorse samples historic silver mine in Oregon
Bayhorse Silver (TSXV: BHS; US-OTC: KXPLF) is sampling and surveying its historic Bayhorse silver mine in Oregon as it prepares to release a new technical report on the project. The company is currently sampling 167 metres from the western end of…
-
McEwen Mining borrows US$50M for Gold Bar construction
McEwen Mining (TSX: MUX; NYSE: MUX) has closed a US$50 million senior secured three-year term loan first announced in late May, with the funds earmarked for completion of construction at the company’s new Gold Bar gold mine in Nevada, and for…
-
PRECIOUS METALS: San Dimas sale pushes Wheaton Q2 earnings to $318M
VANCOUVER – Wheaton Precious Metals reports that it had net earnings of $318 million (all U.S. dollars) in Q2 2018, including the $246 million gain on the sale of the San Dimas silver stream. The company reported record gold production…
-
GOLD: Donlin project completes environmental process, receives key permits
ALASKA – The Donlin project – a 50:50 joint venture of Toronto’s Barrick Gold and Vancouver’s NovaGold Resources – has reached a major milestone in the advancing one of the largest undeveloped gold deposits in the world. The U.S. Bureau…
-
Franco-Nevada teams with oil firm Continental Resources to buy mineral rights
Franco-Nevada (TSX: FNV; NYSE: FNV) and Continental Resources (NYSE: CLR) have struck a strategic relationship to jointly buy mineral rights in the Scoop and Stack oil & gas plays in Oklahoma. Franco-Nevada says it will contribute about US$220 million for the acquisition of…
-
PATENT: BQE Water receives patent for Selen-IX water treatment
VANCOUVER – BQE Water has been issued a U.S. patent for its Selen-IX process technology. Selen-IX is a water treatment processes that combines ion exchange and electro-reduction to remove selenium from a large volume of wastewater. Patent 9,963,360 covers key…
-
Aquila tables feasibility study for Back Forty in Michigan
Nearly two months after receiving its final environmental permit, Aquila Resources (TSX: AQA; US-OTC: AQARF) has tabled a positive feasibility study for its Back Forty polymetallic project, located 19 km west of Stephenson, Michigan. “We can now focus the company’s resources on…
-
ZINC-COPPER-GOLD: Aquila shares positive FS for the Back Forty project
MICHIGAN – Toronto-based Aquila Resources says the feasibility study for an open pit at the Back Forty zinc-copper-gold project on the Upper Peninsula is positive. The after tax net present value with a 6% discount rate is $208 million (all…
-
Klondex spinoff Havilah Mining begins trading
With Hecla Mining‘s (NYSE: HL) takeover of Klondex Mines now completed, the resulting Klondex spinoff company Havilah Mining (TSXV: HMC) has started trading as of July 25, with its primary listing on the TSX Venture Exchange. In a deal first announced on March…
-
GOLD-PALLADIUM: Wheaton closes streaming deal on Stillwater
VANCOUVER – Wheaton Precious Metals Corp. has completed the gold and palladium streaming agreement with Sibanye Gold of South Africa for the Stillwater precious metals project, including the East Boulder mine in Montana. Wheaton made an initial payment of US$500…
