Mining Stocks - Latest News

American Pacific Mining is a new exploration company. In 2020, they acquired Madison Mining, which has a gold/copper project that is a 30% JV with Rio Tinto. It has some excellent drill results (30 meters at 24 gpt) and looks like a mine. Rio Tinto has...  more

Focus Minerals was a mid-tier producer in Australia, but they halted production in 2013 due to high cash costs. My guess is they will resume production. They have two solid properties: Laverton and Coolgardie. Both are large (400,000 acres combined) with...  more

Quebec Precious Metals (formerly Canadian Strategic Metals) is a project generator focused in Quebec, Canada. They have a gold discovery (Sakami). It is a large property (35,000 acres) in a good location and early drill results have been pretty good (106...  more

New Oroperu is a project generator focused in Peru. They have a 30% interest (plus a 2% NSR) in a 3.2 million oz deposit (Tres Cruces) being developed by Barrick Gold. This mine is likely to be built because of its large size. However, it is still early...  more

St. Barbara is a mid-tier gold producer based in Australia. They have three producing mines. Leonora in Australia at 175,000 oz, Simberi in Papua New Guinea at 110,000 oz, and Touquoy in Canada (100,000 oz). Cash costs for the last quarter were about $700  more

Euromax Resource was trying to advance a gold project in Macedonia. Everything looked great and then suddenly they could not get the mining permit. Currently they are in court, but looks like the best outcome is a financial settlement. They have debt...  more

Newcrest Mining is a solid company with production of 2.2 million oz at 6 operating mines. They have low cash costs of around $650 per oz because of their copper and silver offsets, with all-in costs around $1000 per oz in 2020. Their balance sheet isn't...  more

Contact Gold is a new exploration company focused on Nevada. They are looking for a large mine in the Carlin Trend. They have 13 properties on 65,000 acres. Currently, they are drilling two discoveries. Pony Creek (2,500 acres) looks like a mine with...  more

Cora Gold is trying to advance a small open-pit gold project (Sanankoro) in Mali to production. They are currently trying to finance the feasibility study, which is due in 2021. The capex is $22 million to produce 45,000 oz annually. This is their...  more