Business News
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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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Equinox Gold sells Brazil mine, focuses on Canadian growth
Equinox Gold (TSX, NYSE: EQX) said on Monday it had sold its Pilar gold mine in Brazil for $38 million cash as part of a portfolio optimization strategy that includes increasing its stake in the Greenstone project in Ontario, Canada. As…
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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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EY Canada launches centre of excellence for mining and metals
EY Canada is launching a new, virtual centre of excellence aimed at offering mining companies in the Americas access to innovative services and technologies to help them solve the pressing challenges they face. The EY Americas Mining and Metals Centre…
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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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Talisker steps out Bralorne gold system in BC
The latest drill results from Talisker Resources’ (TSX: TSK) past-producing Bralorne gold project in south-central B.C. hit new mineralization below historic workings and southeast of prior intercepts. With a resource estimate expected in 2022, Talisker plans to incorporate these assays…
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Liberty Gold triples TV Tower resource in Turkey
Liberty Gold (TSX: LGD) has released a new resource estimate for its majority-owned TV Tower project in Turkey, tripling the existing resource on a gold-equivalent basis compared with a previous estimate from 2014. The estimate brings five new deposits at…
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Dundee extends Chelopech mine life to 2029
Dundee Precious Metals‘ (TSX: DPM) latest reserve update for its Chelopech gold-copper mine in Bulgaria has increased reserves by 10% and the mine life by two years to 2029. Total proven and probable reserves are now 18.6 million tonnes grading…
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Erudite wins EPCM contract for Molo graphite mine in Madagascar
After securing a commitment for a US$29.5-million investment from Mick Davis’ Vision Blue Resources in February, NextSource Materials (TSX: NEXT) has awarded the EPCM contract to build the first phase of its Molo graphite project in Madagascar to Erudite Strategies…
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Denison raising US$75M for physical inventory of uranium
Denison Mines (TSX: DML; NYSE: DNN) is raising US$75 million for the “strategic acquisition” of physical uranium, an initiative the company expects to support the development of its 90%-owned Wheeler River uranium project in Saskatchewan’s Athabasca Basin. Denison aims to…
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St Barbara reports half-year results; faces environmental charges in Nova Scotia
Australia-based miner St Barbara (ASX: SBM) has released financial results for its half-year ended Dec. 31 that represent “an encouraging recovery from the operational disappointments of the first quarter,” according to the company’s managing director and CEO, Craig Jetson. In…
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Kodiak preps 30,000-metre drill program at MPD copper-gold project in BC
As it prepares to kick off a 30,000-metre drill program at its MPD copper-gold porphyry project in British Columbia, Kodiak Copper (TSXV: KDK) has received assays from the final five holes of last year’s nine-hole program at the project’s Gate…
