Canadian Mining Journal

Monarch Gold

  • Yamana Gold to acquire Monarch in $152 M deal

    November 2, 2020 by Cecilia Jamasmie

    Yamana Gold (TSX: YRI; NYSE: AUY; LSE: AUY) is expanding its footprint in the precious metals-rich Abitibi region of Quebec, Canada, by acquiring all shares in smaller rival Monarch Gold (TSX: MQR) it does not already own for $152 million

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    JV Article: Monarch Gold focused on producing 100-200,000 ounces of gold annually

    July 15, 2020 by Daniel Sekulich

    For emerging Canadian gold mining company Monarch Gold Corporation (TSX: MQR), 2020 has been anything but a slow period. While other sectors in the mining industry have seen their operations disrupted by the Covid-19 pandemic, the team at Monarch have

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    GOLD: Monarch selects Ausenco for upgrading study on Kidd concentrator

    June 22, 2020 by Canadian Mining Journal

    TIMMINS – Monarch Gold has selected Ausenco Engineering to complete an upgrading study on Glencore’s Kidd concentrator, which would potentially be used to upgrade ore mined at the company’s Wasamac project in Quebec. In May, Monarch entered into a memorandum

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    MINING PEOPLE: African Gold Group, Hudbay, Prime Mining, Torex, Radisson, Ucore Rare Metals

    June 18, 2020 by Canadian Mining Journal

    Management moves announced this week include: Danny Callow has been appointed president and CEO of African Gold Group; Callow was most recently the company’s COO. Edgar Barrios is now a senior mining consultant for Altamira Gold. Igor Gonzales has been appointed as

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    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

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    MINING PEOPLE: ATAC, Maya Gold & Silver, New Pacific Metals, Pima Zinc, Pretium

    April 30, 2020 by Canadian Mining Journal

    Adam Coulter has been named VP of Exploration with ATAC Resources; Andrew Carne is also joining the company as VP of corporate and project development. Fabio Ribeiro has joined the board of Aura Minerals. Peter Kuhn has been named interim

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    GOLD: Monarch drills 109 metres of 3.33 g/t gold at Fayolle

    April 30, 2020 by Canadian Mining Journal

    QUEBEC – Monarch Gold has released assay results for a geotechnical hole drilled at its Fayolle gold project, 25 km northeast of Rouyn-Noranda – this drilling was part of a geotechnical program for an upcoming feasibility study of the project.

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    GOLD: Monarch sells two properties to O3 Mining

    March 18, 2020 by MINING.COM Staff

    QUEBEC – Monarch Gold completed the sale of its Regcourt property and its interest in the Louvem property to O3 Mining; both properties are in Quebec. The transaction related to Regcourt required O3 to issue 113,637 of its common shares to Monarch.

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    GOLD: Monarch sells Monique project in Quebec

    March 3, 2020 by MINING.COM Staff

    QUEBEC – Monarch Gold announced that it has sold its Monique property to Probe Metals. The deal entails the issue of 1.28 million Probe shares to Monarch for a total value of $1.5 million. In addition, the buyer will assume any

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    GOLD: Monarch discovers new high-grade zone at McKenzie Break

    February 26, 2020 by Canadian Mining Journal

    QUEBEC – The latest drill results from Monarch Gold’s McKenzie Break gold property, 25 km north of Val d’Or, suggest a new high-grade zone of gold mineralization to the east of the current resource. Drill highlights include 7.1 metres of

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    GOLD: Monarch completes sale of Simkar project to O3 Mining

    December 16, 2019 by MINING.COM Staff

    QUEBEC – Monarch Gold completed the sale of its Simkar property in Quebec to O3 Mining for $140,000 in cash and 435,000 common shares of O3’s share capital and 435,000 warrants. In a press release, the companies explained that each