United States
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GOLD: Seabridge secures $14M private placement for Snowstorm
NEVADA – Vancouver’s Seabridge Gold has completed a non-brokered private placement of 1 million shares at a price of $14 each. That gives the company a tidy $14 million to fund its 2019 drilling program at the Snowstorm gold project.…
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GOLD: Kinross on track for 2018 production and costs
TORONTO – Kinross Gold has released its third quarter results that indicate the company achieved solid production and generated a cash flow. Operations in Nevada, Brazil, Ghana and Russia all performed well, said the company. On the production side, the…
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GOLD: Barrick, Newmont said to be in talks to merge Nevada operations
NEVADA – Canada’s Barrick Gold, which last month announced it was buying Randgold Resources in a $6.1-billion deal, is said to have resumed talks with rival Newmont Mining aimed at merging their gold operations in Nevada. “They have been trying to negotiate…
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COPPER: Excelsior finances Gunnison copper project in Arizona
ARIZONA – Excelsior Mining plans to complete construction at its Gunnison copper project in southeastern Arizona and enter production over the next year after agreeing to a US$75 million project financing package with Triple Flag Mining Finance. Triple Flag will buy a…
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COPPER: Hudbay to acquire Mason Resources
VANCOUVER and TORONTO – Mason Resources and Hudbay Minerals have entered into an agreement whereby Hudbay will acquire the remaining 86% of the of the Mason shares it does not already own. Mason shareholders will receive C$0.40 in cash for…
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SUPPLIERS: Epiroc Drilling Solutions invests in autonomous mining solutions business
Garland, Texas – Epiroc Drilling Solutions, LLC., a leading productivity partner for the mining, infrastructure and natural resources industries, has acquired part of ASI Mining, LLC, a U.S.-based company that provides technology solutions for the autonomous operation of mining vehicles.…
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SENSORS: BinMaster’s New Battery-Powered SPL-100 Laser Level Sensor
Say goodbye to wiring and hello to inventory data. Wiring complexity and costs can be an obstacle when installing level sensors. The SPL-100 battery-powered single point laser allows use of level sensors on silos or in remote locations where inventory monitoring has not…
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ZINC-LEAD-COPPER: Wolfden cuts more high grade at Pickett Mountain
Thunder Bay, ON — Wolfden Resources continues to drill high-grade massive sulphide mineralization at its Pickett Mountain project in Maine, where it has two diamond drills turning. In its latest results, Wolfden reported a 12.7-metre intercept starting from 240 metres…
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VMS: Constantine grows Palmer
Vancouver, B.C. — Constantine Metal Resources has reported the latest assay results for nine new drill holes from the AG Zone at its Palmer joint venture project, in Alaska, that have extended the strike length of the AG Zone to…
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Liberty Gold expands mineralized footprint at Goldstrike
Shallow infill and step-out drilling 250 metres south of the main deposit at Liberty Gold’s (TSX: LGD) flagship Goldstrike project in Utah, suggests that oxide gold bearing feeder structures follow multiple orientations that cross-cut the main deposit trend, the company says.…
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URANIUM-VANADIUM: Western Uranium and Vanadium to re-open the Sunday mine complex
COLORADO – Western Uranium and Vanadium Corp. announced plans to re-open the Sunday mine complex, located in western San Miguel County, Colorado. The complex extends for 3,748 hectares and consists of five individual mines currently in temporary cessation. These are…
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MERGER: Glass Lewis likes Barrick-Randgold combo
TORONTO – A second independent proxy advisory firm, Glass Lewis, has recommended that shareholders of Barrick Gold and Randgold Resources for the proposed merger of the two companies. The recommendation from Glass Lewis comes in addition to an earlier report…
