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GOLD: Goldcorp signs Borden IBA with three First Nations
ONTARIO – Vancouver-based Goldcorp has reached a milestone for its Borden all-electric underground gold mine near Chapleau with the signing of an impact benefit agreement with three First Nations – Brunswick House, Chapleau Cree and Chapleau Ojibwe. Goldcorp now has…
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LIGHTING: Doosan introduces new light towers with longest runtime
STATESVILLE, N.C. – Doosan Portable Power has expanded its product line of portable light towers with the addition of the LCV6 and LCV8 models. Both the LCV6 and LCV8 light towers feature a small body design and vertical mast that…
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‘We’re building a mine’: Nevada Copper targets 2019 initial production at Pumpkin Hollow
Pumpkin Hollow will be the next copper mine built in North America, Matt Gili, Nevada Copper’s (TSX: NCU) new president and CEO, tells The Northern Miner in one of his first media interviews on the job. Gili, a mining engineer who joined the…
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LITHIUM: Nemaska rounds up $1B for Whabouchi
QUEBEC – Nemaska Lithium of Quebec City has raised $1.18 billion with which to finance the construction, commissioning, working capital and reserve funds for the Whabouchi lithium mine and the Shawinigan electrochemical plant, as well as general working capital. The…
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ROYALTIES: Maverix expands portfolio with acquisition from Newmont
VANCOUVER – Maverix Metals is tripling its royalty portfolio with the acquisition of 54 additional royalties from Newmont Mining Corp. Maverix will issue 60 million common shares and 10 million share purchase warrants to Newmont. The deal will be topped…
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LEADERSHIP: Business calls for Ontario resources strategy
TIMMINS, Ont. – Earlier this week, representatives from Indigenous business, mining, mineral exploration, forestry, local government and others issued a call for the Ontario government to develop a provincial natural resource strategy with specific actions. The need to develop such…
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ZINC-LEAD: New name as Canadian Zinc gears up for Prairie Creek fundraising
VANCOUVER – Canadian Zinc Corp. is gearing up for the final push of fundraising for its Prairie Creek zinc-lead-silver project in the Northwest Territories. Management will ask that the company be reorganized at its annual general and special meeting to…
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POTASH: Encanto de-risks Muskowekwan project
SASKATCHEWAN – Encanto Potash Corp. of Vancouver has developed a strategic plan to advance its proposed potash solution mine located on Muskowekwan First Nation land to shovel ready status. Since Richard Lively joined the company earlier this month, Encanto has…
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COBALT: Castle drilling yields high grades for Canada Cobalt
ONTARIO – Canada Cobalt Works of Vancouver says it is making good progress at the former Castle cobalt-silver mine near the town of Cobalt. The first underground level has been rehabilitated so that underground drilling can be done on cobalt-rich…
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DIAMONDS: Star orders plant for Star-Orion bulk sample
SASKATCHEWAN – Star Diamond Corp. of Saskatoon has ordered a 30-t/h bulk sample plant for its Star-Orion project about 60 km east of Prince Albert. The plant will be built by Consulmet Pty in South Africa and shipped in modular,…
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ZINC-LEAD: Canadian Zinc welcomes $20M investment
VANCOUVER – Canadian Zinc Corp. has entered into an equity financing arrangement with a subsidiary of Resource Capital Fund. The fund will purchase 100 million Canadian Zinc shares at $0.20 per share. The subsidiary will also be issued 50 million…
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Azarga Uranium to merge with URZ Energy
The merger of Azarga Uranium (TSX: AZZ; US-OTC: PWURF) and URZ Energy (TSXV: URZ; US-OTC: URZZF) will create a new uranium development company focused on in situ recovery (ISR) uranium deposits in the United States. Azarga controls six uranium assets in the U.S. and…
