Mining
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JV Article: How royalties are outpacing miners
Streaming and royalty financing deal flows are predicted to grow significantly over the next decade, and move beyond the precious metals market. Gold and silver now make up 96% of the royalty market share, with cobalt, palladium and copper making…
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Suncor, Atco partner on potential world-scale clean hydrogen project
Suncor Energy (TSX: SU; NYSE: SU) and Atco Ltd. (TSX: ACO) are partnering on what could be world-scale, clean hydrogen production near Fort Saskatchewan, Alta. The project has the potential to reduce carbon dioxide emissions in the province by more…
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Coeur takes 17.8% stake in Victoria Gold
Coeur Mining (NYSE: CDE) is acquiring a 17.8% stake in Victoria Gold (TSX: VGCX), which owns and operates the Eagle gold mine in the Yukon, from Orion Mine Finance. The acquisition of 11 million Victoria shares at $13.20 per share…
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JV Article: American Eagle Gold advances flagship Golden Trend property in Nevada
Newly listed American Eagle Gold (TSXV: AE) continues to focus on exploring its flagship Golden Trend property in Nevada. The company’s 925-hectare site was acquired in July of last year and is located in the state’s rich Cortez Trend, adjacent…
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Spanish Mountain PFS looks to 2.1M oz gold in reserves
Spanish Mountain Gold (TSX: SPA) has released a prefeasibility study and updated resource estimate for its eponymous project east of Williams Lake in central British Columbia. Reserve numbers are also included for the higher grade portion of the orebody near…
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Skeena to raise $50M for Eskay Creek gold project
Skeena Resources (TSX: SKE) of Vancouver has announced a $50-million bought deal public offering with which to advance work at its Eskay Creek gold project. The company will issue 16.1 million shares at a price of $3.10 each, and the…
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Partnership with MSALABS to bring Chrysos gold assay tech to Canada
Chrysos Corporation, pioneer of the revolutionary PhotonAssay technology, and MSALABS, a global provider of geochemical laboratory services for the exploration and mining sectors, have announced a global partnership to deliver Chrysos’ ground-breaking assay solution to the international mining industry. The…
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Zambia reinstates GoviEx’s Chirundu licence
The Zambian government has reinstated the mining licence for GoviEx Uranium’s (TSXV: GXU; US-OTC: GVXXF) Chirundu property, part of the junior’s Mutanga project. The licence was cancelled in July 2020 and its reinstatement is subject to the completion of exploration…
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New MIRARCO research project garners federal grant
MIRARCO Mining Innovation, a research arm of Laurentian University, has received over $390,000 from the federal government to support research into ground stability. The research will focus on discrete fracture networks (DFNs). By understanding how engineered structures in mines respond…
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Lucara ‘bounces back’ in Q1 on healthier diamond market
For the first quarter of 2021, Lucara Diamond (TSX: LUC) reported revenues of US$53.1 million on US$579 per carat sold – up 56% from last year’s first quarter average of US$396 per carat. After a difficult 2020, in which global…
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GoGold closes $28M offering for Mexican projects
Halifax-based GoGold Silver and Gold (TSX: GGD) has closed a bought deal financing worth $28.8 million to support work at its Los Ricos North and South projects in Jalisco state, Mexico. The original offering was for 10 million common shares…
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FPX Nickel to launch drill campaign at Decar ahead of PEA
FPX Nickel (TSXV: FPX) is launching a modest but active drilling campaign at its Decar nickel project in central British Columbia. The focus will be on resource expansion at the Baptiste deposit and on initial drilling at the Van target.…
