Natural diamond supply is estimated to come off this year and continue to incrementally decline through at least 2021, which should be supportive of diamond prices and thus miners.
Symbol: AZM.TSX Venture LONGUEUIL, QC, Jan. 14, 2020 /CNW Telbec/ – Azimut Exploration Inc. (“Azimut” or the “Company”) (TSXV: AZM) is pleased to report the discovery of substantial gold mineralization in multiple drill hole intersections, including frequent high-grade intervals, in all seven (7) holes of its maiden diamond drilling program on the 100% owned Elmer Property (the “Property”) in the James Bay region of Quebec. Significant additional drilling […]
Fundraising by unlisted funds for investment in natural resource reached a record $93 billion last year, and is likely to top $100 billion as more data becomes available. Unlisted funds raised $2.5 billion for investment in mining last year vs $700 million to buy farmland.
First Mining Gold (TSX: FF) has updated the resource estimate at its Goldlund gold project in northwestern Ontario. The company added 248,700 oz. gold to its indicated resource but lost 628,400 oz. gold from its inferred resource. The project now contains 12.8 million indicated tonnes grading 1.96 grams gold for 809,200 oz. gold. It previously […]
Rubicon Minerals (TSX: RMX) has increased measured and indicated resources by 110% to 589,000 oz. gold compared with the earlier estimate of 281,000 oz. gold. Rubicon Minerals company has started a preliminary economic assessment which it expects to complete by year-end.
Granada Gold Mine (TSXV: GGM) reported that it attained higher grades after running a preliminary gravity separation study on lower-grade, gold-bearing rock from its Granada Gold project in Rouyn-Noranda, Quebec. In a media statement, Granada said that the higher grades attained during the tests may have implications for the grade of future mill feed, the […]
The Castle mine was one of the highest grade silver-cobalt producers in the historic Cobalt camp in Northern Ontario. (Image: Canada Cobalt Works) Canada Cobalt Works (CVE: CCW) says it has intersected multiple high grade cobalt and silver intercepts during phase one drilling on the first level of the Castle mine. The mine is located […]
Avino Silver and Gold Mines of Vancouver is very pleased with the initial assay results from the drilling of the 27 vein extension target at the Bralorne mine near Gold Bridge. The company says the results confirmed the continuity of the vein up-dip from the area of historic production. The highest assay was 29.56 g/t […]
Kootenay Silver (TSXV: KTN) announced that its wholly-owned Mexican subsidiary entered into an option agreement to acquire a 100% interest in the Columba silver project, which hosts a past-producing mine and is located in the northwestern state of Chihuahua, Mexico. Under the terms of the agreement, Kootenay Silver can acquire a 100% ownership in the […]