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Recent Sector News
HC Wainwright has recently begun coverage of McEwen Mining, giving it a Buy rating and US$1.25 price target.
Last December, Treasury raised $800,000 to advance its flagship project, with a bankable feasibility study expected to be delivered during the first half of this year.
Sunridge Gold (CVE:SGC) (OTCQX:SGCNF) after starting field work in 2014 is advancing its joint venture Asmara project in Eritrea, expecting to acquire a mining license for the property, eyeing mining operations to start in the fourth quarter of this year.
Astur, a Canadian gold company, said it would "explore all legal options" as the veto has had a heavy impact on its employees and the company’s overall financial position.
The Albion Process, developed by commodities giant Glencore (LON:GLEN), is a combination of ultra-fine grinding and oxidative leaching at atmospheric pressure that oxidizes and removes sulphides in the ore feed, allowing for an easy recovery of the desired metals.
Klondex’s 2015 exploration program will proceed along the new zones while additional drilling will be performed to delineate and expand the promising high-grade mineralization targets.
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