NovaGold Resources released a prefeasibility study today on its 100%-owned Ambler project in northwest Alaska. The Vancouver-based company is exploring the sprawling 36,670-hectare property, which is host to a number of high-grade copper, zinc, lead, gold and silver deposits. According to the PEA, commissioned by SRK Consulting, the property contains 16.8 million tonnes of indicated resources, with 4.1% copper and 6.0% zinc. The inferred category contains 12.1 million tonnes of 3.5% copper and 4.9% zinc.
Lead Mining News
Compania de Minas Buenaventura S.A.A. ("the Company" or "Buenaventura") (NYSE: BVN; Lima Stock Exchange: BUE.LM), Peru's largest publicly-traded precious metals mining company announced today that Contractors at the Uchucchacua Mine commenced a strike related to […]
Selwyn Resources Ltd. (TSX VENTURE:SWN) ("Selwyn") is pleased to announce a NI 43-101 compliant mineral resource estimate for the Scotia mine (formerly known as the Gays River mine) in Nova Scotia that includes both the […]
Miners, especially of base metals, will drive Canadian merger and acquisition activity for the rest of 2011, although oil and gas and financial services will also be significant, bankers said on Tuesday.
Barker Minerals Ltd. (TSX-V:BML) reported results from the 2,000m trenching program on its silver/gold/lead Black Bear project. The 100% owned project on China Mountain is located 74 km northeast of Williams Lake, in the Cariboo region of British Columbia.
Selwyn Resources has mobilized the mining equipment and supplies integral to the Selwyn Project Joint Venture's proposed underground advanced exploration program.
Strategic Metals Ltd. (TSX VENTURE:SMD) ("Strategic") is pleased to announce the closing of the Can$16.25 million private placement announced on February 23, 2011, consisting of the sale of 5,000,000 common shares at a price of […]
Laconia Resources, a Perth-based exploration company, purchased Jabiru Metals Limited (ASX: JML) equity in the Lennons Find Base Metal project in the Pilbara region of Western Australia. Laconia made the announcement on Wednesday in a statement. Laconia also agreed to purchase Shaw River Resources (ASX: SRR) 100% interest in the nearby Yandicoogina project, located less than 10km along strike from the Lennons Find project.
Great Panther Silver Limited has updated its mineral resources at the company's 100%-owned Topia silver-gold-lead-Zinc mine in Durango, Mexico. The 2011 mineral resource estimate, by Vancouver-based Roscoe Postle Associates (RPA), comprises measured & indicated ("M & I") mineral resources of 171,000 tonnes at 864g/t silver, 1.56g/t gold, 7.53% lead and 4.37% zinc (7.44 million silver equivalent ounces), a 36.3% increase over the 2009 resource estimate.
Silvercorp announced on Thursday that it received a positive preliminary assessment for its Silvertip silver-lead-zinc project in northern British Columbia. Silvercorp's stock was up 4% on the TSX on Friday. The report prepared by Golder Associates favoured a small mine and mill operating seasonally at 500 tonne per day or 72,000 tonne per year. "The initial capital cost of the project is estimated to be $US49 million with sustaining capital costs over the remaining mine life (21 years) estimated at $US54.2 million. The payback period is estimated at 4 years for the base case and 2 years for the upside case after reaching commercial production."
Citigroup’s Metals and Mining team issued a note Monday talking about how fund flows - not global economic growth - are driving commodities prices higher.
Acadian Mining shares were up 30% on Tuesday morning trading after it announced it will spin off lead and zinc assets so it can focus on gold exploration. Selwyn Resources Ltd. will acquire all the […]
The lead smelting process is getting greener thanks to new technology unveiled recently by The Doe Run Company.
At the Ying Mine in China, Silvercorp Metals reported on Monday the results of a underground diamond drilling program that showed high grade silver, lead and zinc.
The Bellekeno silver-lead-zinc mine has achieved commercial production in the Yukon's historic Keno Hill Silver District.
Xtierra (TSX.V:XAG) has to rank among the TSX Venture’s best kept secrets. With the advanced Bilboa silver-zinc-lead project in Zacatecas, Mexico in feasibility with a 140 million ounce silver equivalent resource, and trading at a market cap of $14 million, the disparity between the reality and the should-be makes this a nearly too-good-to-be-true story.
Lead has pulled substantially ahead of Zinc, when they have long been level-pegging. The scope is there for Zinc to make a strong equalizing move in coming weeks. There is no lack of financing at […]
Volcanogenic massive sulphide (VMS) deposits typically occur as lenses of polymetallic massive sulphide and are major sources of zinc (Zn), copper (Cu), lead (Pb), silver (Ag) and gold (Au).
This is what we wrote on November 6th, 2010: Near term, look for the next set of results from the Silver Wheaton Corporation (SLW) which is due to release its third-quarter figures after the market […]
Zinc and lead prices have been on a slide since early December despite strengthening economic news in the first months of 2010. The eurozone's travails have now sent both metals into a tailspin down to […]
Source: Brian Sylvester and Karen Roche of The Gold Report 5/10/10 http://www.theaureport.com/pub/na/6252 "The price for manganese ore has recovered a lot more swiftly and strongly than we anticipated," explains Helen O'Malley, a bulk manganese specialist […]
Andover Ventures Inc. (TSXV: AOX) –Initiating Coverage; Company Eyeing Near Term Production from Past Producing, Fully Permitted Trixie Mine and Bonded and Permitted Mill
Investment Highlights Andover Ventures Inc. ("Andover", "AOX", "the company") is a Vancouver, British Columbia based exploration company focused on the mining friendly jurisdictions of Alaska and Utah. The SUN deposit located in the Ambler District […]
Greetings investors! I’m fixated on metals prices for the foreseeable future, though I’ve never had so much trouble seeing beyond the next 120 days in my life! Nevertheless, banks are suggesting ‘moderate’ support for the […]
Forty five children living in the Australian mining town of Mount Isa, where Xstrata Plc produces 4 percent of the world's lead, have blood lead levels above World Health Organization standards, a ...
The directors of Excellon Resources of Toronto have approved construction of a 350-t/d lead-zinc flotation mill at the company's Platosa test mine near Bermejillo. Mill construction should begin in the latter half of this year […]