Canadian Mining Journal


Gold


  • News

    GOLD-SILVER: Equity Metals gets permit to explore Silver Queen in BC

    June 2, 2020 by MINING.COM Staff

    BRITISH COLUMBIA – Equity Metals has announced that it has received a five-year, area-based exploration permit for its 100%-owned Silver Queen gold-silver project in western Canada. In a press release, Equity said the permit allows for drilling exploration from 50 drill

  • GOLD: Osisko Mining raising $150M in bought deal

    June 1, 2020 by Canadian Mining Journal

    TORONTO – On the back of a gold price rally, Osisko Mining has announced a $150-million bought deal private placement, one of the largest such raises in recent years. The company has entered into an agreement with Canaccord Genuity and

  • News

    GOLD: Gowest expands Bradshaw footprint

    June 1, 2020 by Canadian Mining Journal

    TIMMINS – The spring drilling program at Gowest Gold’s 109-sq.-km North Timmins gold project has intersected extensions of the Bradshaw gold deposit. Drill highlights include 2.2 metres of 12.24 g/t gold and 2.5 metres of 1.89 g/t gold; both of

  • News

    Wesdome Gold plans low-cost mine at Kiena

    June 1, 2020 by Carl Williams

    Wesdome Gold Mines (TSX: WDO) has released a preliminary economic assessment (PEA) for its wholly owned Kiena mine complex, 15 km northwest of Val-d’Or and 100 km east of Rouyn-Noranda in Quebec. The PEA estimates a mine life of eight years

  • COMMODITIES: BofA forecasts metal price recovery post-COVID-19

    June 1, 2020 by Carl Williams

    UNITED STATES – Bank of America forecasts global copper consumption could contract by 18% year-over-year in 2020 should global GDP drop by an estimated 4.2% due to economic disruptions caused by the coronavirus pandemic. Although a decline in copper purchases of

  • News

    GOLD: Iamgold buys Monarch’s Fayolle deposit for $11.5M

    June 1, 2020 by Cecilia Jamasmie

    QUEBEC – Canada’s Monarch Gold is selling its Fayolle property in western Quebec to fellow miner Iamgold in a cash and share deal valued at $11.5 million. The Montreal-based company said the transaction will see Iamgold issuing $9.7 million in shares to Monarch and a $300,000 cash

  • News

    PRECIOUS METALS: New royalty and streaming company Nomad starts trading

    May 28, 2020 by Canadian Mining Journal

    MONTREAL – Nomad Royalty, a new precious metals royalty and streaming company, will begin trading on the TSX on May 29, after completing a reverse takeover and acquiring the royalty portfolio of Yamana Gold and streaming assets from Orion Resource

  • GOLD: O3 raising $35M for Quebec exploration

    May 28, 2020 by Canadian Mining Journal

    TORONTO – O3 Mining has announced that it has entered into an agreement with a syndicate of underwriters, co-led by Cormark Securities, Sprott Capital Partners and Canaccord Genuity, to raise $35 million (upsized from $30 million) for exploration work at

  • News

    SILVER-GOLD: Aftermath Silver to become majority owner of Cachinal in Chile

    May 28, 2020 by MINING.COM Staff

    CHILE – Aftermath Silver has announced that it has reached an agreement to acquire its final 20% interest in the Cachinal silver-gold project in Chile from SSR Mining.  To go ahead with the deal, Aftermath has to pay SSR $700,000. On

  • News

    GOLD: Maple drills 17 metres of 1.91 g/t gold within Porphyry zone at Douay

    May 27, 2020 by Canadian Mining Journal

    QUEBEC – Drilling within the Porphyry zone at Maple Gold’s 355-sq.-km Douay project has intersected mineralization within current conceptual pit shells outside of the existing resource model. The company has released assay results for two holes; drill highlights include 17

  • GOLD: Ascot raises $25M for Premier project

    May 27, 2020 by Canadian Mining Journal

    BRITISH COLUMBIA – Ascot Resources has announced a $25 million bought deal, led by Desjardins Capital Markets and Stifel GMP. The underwriters have agreed to purchase 29.4 million shares of the company at $0.85 per share for gross proceeds of

  • News

    The Northern Miner Podcast – episode 188: Golden Predator CEO Janet Lee-Sheriff on gold, community engagement and ESG

    May 27, 2020 by Northern Miner Staff

    This episode features Golden Predator Mining CEO Janet Lee-Sheriff in conversation with Northern Miner group publisher Anthony Vaccaro at The Northern Miner Scotch Whisky Tasting event held on Zoom. Janet discusses the history of the Canadian Mint, gold supply, environmentally friendly ways of mining,