Morning Briefing: FireFly Metals Extends High-Grade Copper
Show notes
Meridian Mining plc has started pre-construction at its Cabaçal copper-gold project in Brazil and is weighing financing offers of up to US$400 million against US$322 million in capex, but has yet to set a date for its final investment decision (TSX: MNO). Barrick Mining Corporation produced 816,000 ounces of gold in Q3 as revenue rose 22% to $5.07 billion, though attributable output fell 2% and AISC climbed to $1,911 an ounce (TSX: ABX). Surge Copper Corp. has finished 6,334.5 metres of mostly geotechnical and environmental drilling at its Berg Copper Project in British Columbia, with assay results still to come (TSXV: SURG). Heliostar Metals Ltd. hit shallow oxide gold beyond the reserve at its San Agustin Mine in Mexico, including 40.9 m at 0.99 g/t AuEq, as it targets a two-year mine life extension (TSX: HSTR). FireFly Metals Ltd. extended high-grade copper beyond its resource at the Ming Mine in Newfoundland, including 16.4m at 9.2% CuEq, ahead of a DFS due in the March quarter of 2027 (TSX: FFM).
This episode of Mining Stock Daily is brought to you by Integra Resources.
Integra is a growing precious metals producer in the Great Basin of the Western United States. Integra is focused on demonstrating profitability and operational excellence at its principal operating asset, the Florida Canyon Mine, located in Nevada. In addition, Integra is committed to advancing its flagship development-stage heap leach projects: the past producing DeLamar Project located in southwestern Idaho, and the Nevada North Project located in western Nevada.