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Mining News: Solitario acquires Lik  07/23/2017 (Full story)
The Lik zinc-lead-silver project in Northwest Alaska is under new ownership. Solitario Zinc Corp., the company that will now push Lik towards development, is the result of Solitario Exploration & Royalty Corp., a Colorado-based company, buying out Zazu Metals Corp., the company that has been advanci...


Mining News: Dominion agrees to US$1.2B acquisition  07/23/2017 (Full story)
Dominion Diamond Corp. July 17 reported that it has reached an agreement to be bought by The Washington Companies in a deal worth roughly US$1.2 billion. Owned by billionaire Dennis Washington, The Washington Companies is a group of privately held North American mining industrial and transportation...


Mining News: Major drill program at Homestake Ridge  07/23/2017 (Login to read Full story)
Auryn Resources Inc. July 17 reported the start of a 15,000-meter drill program at Homestake Ridge, a northwestern British Columbia gold project the company acquired in September. According to a 2012 calculation, the three main deposits at Homestake host 604,000 metric tons of indicated resource ave...


Mining News: TerraX discovers more high-grade gold, silver   07/23/2017 (Login to read Full story)
TerraX Minerals Inc. July 18 reported high-grade gold and silver in the first batch of results from surface sampling from the Eastbelt property, the newest addition to the company’s Yellowknife City Gold project immediately adjacent to the capital of Northwest Territories. "The discovery of high gra...


Mining News: Poor recoveries slow Hope Bay Mine start  07/23/2017 (Login to read Full story)
TMAC Resources Inc. July 14 reported that ramp up to full operation at its Hope Bay gold mine in Nunavut is slower than expected, resulting in less cash-flow than the company had budgeted. “Our entire site-based team’s focus – assisted by our metallurgical consultants and Gekko, the manufacturer of...


Mining News: Freegold expands Golden Summit oxides; eyes other growth targets  07/23/2017 (Login to read Full story)
Freegold Ventures Ltd. July 18 reported results from the final six holes of a 27-hole oxide resource expansion drill program at the Golden Summit project about 25 miles north of Fairbanks, Alaska. Hole GSDL 17-28 cut 70.6 meters grading 0.82 grams per metric ton gold from surface. The oxide portion...


Mining News: It’s time to give some kudos to Trump  07/23/2017 (Full story)
Despite the obsession of the (District of) Columbians with health care, the Russians and Twitter, it seems to me that there are one or two good things to discuss when it comes to the new administration. For instance, with regard to health care, if the population of the United States is more or les...


Mining News: High-metals future  07/23/2017 (Login to read Full story)
A low-carbon future means there is going to be a lot more mining, according to a July 18 World Bank report. The report, “The Growing Role of Minerals and Metals for a Low-Carbon Future” sees the potential for a 200 to 1,000 percent increase in demand for a broad range of metals if the world is going...























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