Investing
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FUNDING: BC government to restore structure at historic coal mine
VICTORIA, B.C. – The government of the western Canadian province of British Columbia announced that it will lead the restoration of a 22.5-metre concrete headframe and tipple structure at the site of the historic Morden Colliery coal mine. Located in…
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URANIUM: Niger to pay $14.5M for 10% of GoviEx’s Madaouela uranium project
NIGER – Niger’s Ministry of Mines issued a letter supporting the negotiations between Canada’s GoviEx Uranium and the country’s federal government regarding the Madaouela uranium project. Although final documents on their commercial understandings still need to be signed, the Vancouver-based…
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GOLD: Americas Silver gets US$42.5M boost from Sandstorm
NEVADA – Sandstorm Gold Royalties is making an investment of US$42.5 million in Americas Silver Corp., owner of the Relief Canyon gold mine 160 km northeast of Reno. The investment includes a US$25 million gold stream and royalty on the…
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GOLD: Royal Canadian Mint releases three new bullion coins
OTTAWA – The Royal Canadian Mint announced this week the launching of three new bullion coins targeted at precious metal investors. In a press release, the institution said that the pieces include double-incuse Gold and Silver Maple Leaf bullion coins…
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ZINC-LEAD-COPPER: Kinross takes 9.7% stake in Wolfden
TORONTO and THUNDER BAY, Ont. – Kinross Gold has acquired 12.5 million shares at $0.20 a share of Wolfden Resources for a $2.5 million investment for a 9.7% stake in the junior exploration company. The two companies will form of a committee to…
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COMMENT: MAC says mining needs government support to enhance competitiveness
OTTAWA – On March 14 the Mining Association of Canada released the latest edition of its annual Facts & Figures report that provides a comprehensive overview of the trends affecting Canada’s mining sector. It contains the unwanted truth that this…
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Mining in the age of USMCA
Rob McEwen and MAC weigh in on the changing relations between Canada and the U.S.
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Investor rights agreements
Are they right for you?
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Bunker Hill reinstates lease for historic mine
A month after defaulting on US$400,000 in lease payments for the past-producing Bunker Hill zinc-lead-silver mine property and Superfund site in the Silver Valley of Idaho, Bunker Hill Mining (CSE: BNKR) has struck a deal with the mine owner to reinstate the…
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GOLD: Canada’s Canarc buys Corral Canyon gold project
NEVADA – Canarc Resource just bought the Corral Canyon gold exploration project in northwestern Nevada through the staking of 92 mining claims. The Vancouver-based miner now owns 100% of the project with no underlying royalties. According to Canarc, the 742-hectare project…
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INVESTMENT: QMA notes spending uptick in province
QUEBEC – The Quebec Mining Association is pleased to note the upward trend in mining investment in that province during 2017-18. The provincial ministry of statistics originally estimated that the sector would spend $2.77 billion, but investment topped $3.00 billion…
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GOLD: World Gold Council launches site for data, analytics and research
LONDON, U.K. – On Nov. 8 the World Gold Council launched Goldhub, calling it a market leading source of data, insights and analytical tools aimed at helping investors understand gold’s value as a strategic asset. Goldhub offers investors range of…
