Sabina Gold & Silver Corp. is a Canadian precious metals exploration Company with a portfolio of several different properties in Canada at different stages of development. The Company's flagship projects are currently located in Nunavut, in the Canadian North.
Both Hackett River and Back River projects have logistics issues related to their remote location, but infrastructure may build up several blue chip mining companies are actively develop projects in Nunavut
Recent Sector News
Next Gen Metals (CVE:N) (CSE:N) is hard at work on its plans to provide financing for medical marijuana and industrial hemp companies, moving fast to make its first investment mere weeks after announcing its intention to diversify into these industries.
Canadian shares advanced for a fourth day amid low volumes as a rally in energy producers and banks overpowered declines among gold miners. The Standard & Poor’s/TSX Composite Index (TSE:OSPTX) rose 0.3 percent to 14,486.07 at 12:24 p.m. in Toronto. Almost seven shares gained for every five stocks that lost as half of the ten main groups advanced.
The continued battle over Osisko Mining (TSE:OSK) by major gold giants in the industry highlights the strategic importance and potential of Falco Pacific's (CVE:FPC) Horne 5 gold deposit in the Cadillac Break area of Quebec, and the surrounding 700 plus sq km land package, says Flaco chairman Darin Wagner.
Mawson West (TSE:MWE) has agreed to sell 100% of the copper concentrate produced at its Dikulushi and Kapulo mines in the Democratic Republic of Congo to global commodities giant Trafigura, moving the company onto its next stage of growth.
Largo Resources (CVE:LGO) is nearing the start of commercial production with the company saying that construction on its Maracas vanadium project is now 99.8% complete, with only the installation of auxiliary items still underway.
HudBay's move on Augusta less to do with copper, more to do with beleaguered juniors and depleting resources
While HudBay Minerals Inc. (TSE:HBM) and Augusta Resource Corp. (TSE:AZC), currently in the midst of a hostile takeover bid, slug it out, industry observers see nothing so much as opportunism descending on a junior in dire straits.
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