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After a long period of inactivity - long-suffering shareholders would probably say: after a long sleep - the shares of the Tanzanian gold explorer Tembo Gold (TSXV: TEM; FRA: T23A) came violently back to life last week. Around 3.2 million shares were traded from a standing start, and the share price rose by more than 40 percent. Measured against the total trading volume of the past 6 months (11.4 million shares), almost one third of the volume was traded in the past three trading days. The closing price was quoted at CAD 0.215, while the average price over the past six months was CAD 0.156.

Good things take time, they say. Four months have apparently not been enough to finalize all details of the planned joint venture between FYI Resources (ASX: FYI; FRS: SDL) and Alcoa (NYSE: AA). However, both parties continue to express great confidence and therefore, by mutual agreement, are giving themselves another four weeks to reach a final deal. The new target date is now October 5. The stock market initially reacted to this announcement today with a 10 percent drop.

Now, things are really starting to move: silver explorer Lakewood Exploration (CSE LWD / WKN A3CN1X) in the last couple of months secured very promising properties in Idaho and in the "Silver State" Nevada (we reported). The still young company is working at full speed to advance these projects as quickly as possible, with the Silver Strand project in Idaho already two steps ahead. There, Lakewood plans to drill ist initial holes in the very near future!

Aurcana Silver (TSXV: AUN; FRA: UHY0) has started production at its Virginius mine in Ouray, Colorado. The company aims to reach full capacity of 244 tonnes (270 US short tons) as early as the end of September, already generating positive cash flow. By the end of the year, this could equate to a calculated production of between one and one and a half million ounces of silver. Aurcana then plans to produce 4.5 million ounces of silver in 2022 and 6 million ounces in 2023. At that time, Aurcana then also plans to bring its second asset, the Shafter Mine in Texas, into production and, with 9 to million ounces of annual production, finally rise to the rank of a mid-tier silver producer.

When first started to talk about Goldplay Mining (WKN A3CNY4 / TSXV AUC), the company already had two legs to stand on: the Scottie West project in the Canadian province of British Columbia and various copper and gold projects in Portugal. Only recently, Goldplay had then reported a significant acquisition in Portugal - and is now acquiring further promising land in British Columbia as well!