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COAL: Feds okay Murray River mine owned by HD Mining
BRITISH COLUMBIA – The Canadian government has approved the Murray River metallurgical coal mine belonging to HD Mining International of Vancouver. The project is located 12 km south of the town of Tumbler Ridge in the northeast part of the…
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GRAPHITE: $45M deal for Mason Graphite development at Lac Gueret
QUEBEC – Montreal’s Mason Graphite is raising $45 million through a bought deal to be used toward the development and construction of its Lac Gueret graphite property at Baie Comeau. A syndicate of underwriters led by National Bank Financial have…
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GOLD: Harte raises $27M with offtake deal for Sugar Zone
ONTARIO – Harte Gold Corp. of Toronto has announced a private placement of $27 million to be used to advance its Sugar Zone project 60 km east of the Hemlo gold camp. Harte will issue approximately 55.3 million common shares…
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Measuring public support for mining in Ecuador
Ecuador’s government is trying to woo miners back, but is the public onside?
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Recent M&A highlights North American advantage
Miners look close to home for new acquisitions.
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GOLD: Firesteel to buy, restart Laiva gold mine in Finland
Firesteel Resources intends to reactivate the past producing Laiva gold mine located in central Finland, near the Gulf of Bothnia, in early December and begin producing gold in August 2018. To fund the project, it has entered a definitive prepaid forward…
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GOLD: Sage Gold Delivers Second Shipment to Mill
Toronto – Sage Gold Inc. is pleased to announce that the Black Fox-Stock Mill has completed processing a second bulk shipment of mineralized material from the Clavos gold mine. Similar to the first bulk sample mill run October 13th to 16th,…
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GOLD: Argonaut Gold completes acquisition of Cerro del Gallo
Toronto – Argonaut Gold Inc. is pleased to announce it has closed the previously announced acquisition of the Cerro del Gallo through the purchase of all of the issued and outstanding shares of San Anton Resource Corporation, a subsidiary of Primero…
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GOLD: Dalradian submits mine planning application; closes C$78 million private placement
Toronto – Dalradian Resources Inc. is pleased to announce that it has submitted its planning application to permit the building of an underground mine and associated infrastructure at the Curraghinalt gold deposit to the Northern Ireland Department for Infrastructure. The Company…
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GOLD: Anaconda Expands the Argyle Discovery and Provides Project Update
TORONTO – Anaconda Mining Inc. is pleased to provide the remaining assay results related to an expansion diamond drilling program and a percussion drilling campaign at its Argyle discovery, located approximately 4.5 kilometres from the Company’s fully-operational Pine Cove Mill and…
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IRON ORE: Champion fixes Bloom Lake restart for March
QUEBEC – At a press conference yesterday, Champion Iron subsidiary Quebec Iron Ore confirmed that mining at the Bloom Lake iron ore mine near Fermont will restart in March 2018. QIO has funding and offtake agreements in place. A benefits…
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Nevada green-lights McEwen Mining’s Gold Bar project
Nevada has approved McEwen Mining’s (TSX: MUX; NYSE: MUX) final environmental impact statement (EIS) for its Gold Bar project and the company says it will start building the mine immediately. “Gold Bar is the first new gold mine in Nevada to…
