Moly – General Moly Inc. (TSX:GMO,NYSEMKT:GMO) updated the operating cost estimate and project economics for its Nevada-based Mt. Hope project, commenting that over the first full five years of operation, direct operating costs are expected to average $6.28 per pound, while costs applicable to sales should average $7 per pound.
Articles Tagged "nevada"
Gold – Klondex Mines (TSX:KDX), working to put its Fire Creek gold project in Nevada into production, on Wednesday said it will pay Newmont Mining (NYSE:NEM) about $83 million for its Midas mine and milling facility in the same state.
Silver – Mineweb reported that the British Columbia Securities Commission (BCSC) has put out an investors alert on Mission Mining Co. (OTCMKTS:MISM), which claims in a report "said to be authored by a Qualified Person under NI 43-101 guidelines" that its Gold Star property holds up to 2.6 billion ounces of silver and 370 million ounces of gold.
Gold – Midway Gold (NYSE:MDW) said on Monday that Barrick Gold (NYSE:ABX, TSX:ABX) — its partner in the Spring Valley project in Nevada — has completed $38 million in exploration expenditures, meaning it has earned a 70 percent interest in the project.
Gold – Sources familiar with the matter say that the Marigold mine, jointly-owned by the two biggest gold miners, could be sold for at least $200 million.
Silver – Coeur Mining Inc. (TSX:CDM,NYSE:CDE) announced that it has filed a technical report, produced in accordance with NI 43-101 guidelines, for its Nevada-based Rochester silver-gold mine.
Copper – Eurasian Minerals Inc. (TSXV:EMX,NYSEMKT:EMXX) announced that via Bronco Creek Exploration Inc., its subsidiary, it has entered into three exploration and earn-in agreements with Savant Explorations Ltd. (TSXV:SVT) for the Jasper Canyon, Buckhorn Creek and Frazier Creek porphyry copper projects. Jasper and Buckhorn are located in Arizona, while Frazier is in Nevada.
Copper – It has been a good first few days of October for Nevada Copper (TSX:NCU), which has released several pieces of positive news since the start of the month.
Silver – Coeur Mining Inc. (TSX:CDM,NYSE:CDE) announced a "significant increase" in mineral reserves at its Nevada-based Rochester mine, commenting that contained ounces of proven and probable reserves total about 86 million ounces of silver and 605,000 ounces of gold. That amounts to respective increases of 91.5 and 96.4 percent.
Gold – Nevada Gold Corp (OTCBB:NVGC) said Thursday it has entered into a formal option agreement to acquire up to a 75 percent interest in a former-producing silver-lead-gold mine in Nevada.