News
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GOLD: Osisko Mining raises $32M from flow-through shares
TORONTO – Osisko Mining is raising $32.9 million through the private placement of approximately 7 million flow-through shares with a syndicate of underwriters led by Canaccord Genuity. The shares were priced at $4.70 each. (Earlier today Osisko described the flow-through…
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RESEARCH: Two schools, six producers extend RIME partnership to 2026
QUEBEC – Two universities – Université du Québec en Abitibi-Témiscamingue (UQAT) and Polytechnique Montréal – and six mining companies – Agnico Eagle Mines, Canadian Malartic Mine, Iamgold, Glencore’s Raglan mine, Newmont Goldcorp’s Eleonore mine, and Rio Tinto Fer et Titane…
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GOLD: ATAC Starts Tiger resource and PEA updates and releases regional Rau results
YUKON – ATAC Resources announced that work has started on an updated resource estimate and preliminary economic assessment for the Tiger deposit located at the Rau project within the 170,000 hectare Rackla gold property in the Yukon. The updates will…
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GOLD: Lundin receives key permits for Fruta del Norte
ECUADOR – Vancouver-based Lundin Gold has received the Industrial Water Permit and the Administrative Act permit for its Fruta del Norte gold project 9 km northeast of the village of San Antonio. The permits were issued by La Secretaría Nacional…
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MINING PEOPLE: BHP, Giga Metals, Harte Gold, and Ridgestone Mining
Mike Henry will replace BHP boss Andrew Mackenzie who is retiring at the end of the year. Henry is currently BHP’s president of operations in Australia. He has also held executive positions with the company in its coal business, health…
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EXPLOSIVES: Epiroc and Orica together tackle automated loading system
STOCKHOLM – Epiroc, a leading productivity partner for the mining industry, has entered a partnership with world-leading commercial explosives provider Orica to jointly develop a semi-automated explosives delivery system, enabling safer and more productive blasting operations in underground mines. As…
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Mexico’s environmental authority halts Almaden’s Ixtaca project
Mexico’s environmental authority, Semarnat, has suspended the permitting process for Almaden Minerals’ (TSX: AMM; NYSE: AAU) Ixtaca gold-silver project in the state of Puebla, pending the resolution of a lawsuit that challenges the country’s mineral title system. The lawsuit, filed by the Tecoltemi community of…
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MANGANESE: American Manganese’s cathode recycling process yields high purity nickel-cobalt hydroxide
SURREY, B.C. – American Manganese continues to run experiments related to its plans to produce NMC cathode material using its proprietary RecycLiCo process. In a recent release, the company said that it achieved a 99.98% recovery of high purity nickel-cobalt hydroxide…
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LEAD: Glencore closes Belledune smelter permanently
NEW BRUNSWICK – Glencore Canada Corp. has announced the permanent closure of its Belledune lead smelter near Bathurst. The decommissioning process is to begin immediately, and the smelter will cease all operations by the end of the year. The news…
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GOLD-COPPER: Troilus resource grows
QUEBEC – Troilus Gold has released an updated resource estimate for its 100% held Troilus project located 170 km to the north of Chibougamau. The updated resource features total open pit and underground resources of 4.71 million oz. gold equivalent…
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GOLD: X-Terra, UNB collaborate on Grog and Northwest properties
NEW BRUNSWICK – X-Terra Resources of Rouyn-Noranda, Que., and the University of New Brunswick are collaborating on research and development that might be applied to X-Terra’s Grog and Northwest gold properties near the town of Campbellton. Dr. David Lentz, UNB’s…
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GOLD: Metallurgical tests from North Lake are positive, says MAS Gold
SASKATCHEWAN – Vancouver-based MAS Gold Corp. has released more positive results from early metallurgical work on composite drill core samples from the North Lake gold deposit in the La Ronge gold belt. Blue Coast Research conducted preliminary flotation tests,…
