Equinox Gold to sell 10m Solaris shares

The miner said that significant amounts of saprolite-hosted gold mineralization was discovered.

The Vancouver-based miner is consolidating the Sascha - Marcelina project to make it 30,600 hectares big.

The Canadian miner won't be buying the Hautalampi cobalt, nickel, copper project in eastern Finland at this time due to financing issues.

The numbers represent a 25% increase in tonnage, a 13% increase in grade and a 42% increase in contained oz. compared to the estimate made in 2008.

For the full year, the company produced 75.3 million lb. of copper and 79,056 oz. of gold.

The sonic drilling will provide a detailed look at the overburden stratigraphy, and the core drilling will examine the geology of the kimberlite itself.

The goal is to extend the Botswanan mine life from 2026 to at least 2036.

World’s top diamond producer by output Alrosa and China-owned Anjin are the two foreign companies chosen by Zimbabwe's government to partner the state-diamond miner in exploring and digging up diamonds.

The company seems to have no problem drilling bonanza grades, such as 12.26 g/t gold over 7.6 meters in hole CM-18-206, including 97.8 g/t over 0.8 meter