Canadian Mining Journal


Investing


  • News

    GOLD: Eric Sprott invests $15M in Gran Colombia

    October 30, 2019 by Canadian Mining Journal

    TORONTO – Gran Colombia Gold says Eric Sprott will invest $15 million in the company that has two producing mines in Colombia. The company will issue approximately 3.3 million units at a price of $4.60 per unit. The price represents

  • News

    GOLD: Newmont ups Sirios stake to 19.9%

    October 21, 2019 by Canadian Mining Journal

    QUEBEC – Newmont Goldcorp, based in Denver, has raised its stake in Montreal’s Sirios Resources to 19.9% from 15.9% with the purchase of approximately 5.4 million units at $0.20 per unit for a total of roughly $1.1 million. The purchase

  • News

    Funds demand more tailings transparency

    October 15, 2019 by Trish Saywell

    Less than a week after the Jan. 25 tailings dam collapse at Vale’s Feijao iron ore mine in Brazil that killed 251 people and left 19 missing, the Church of England Pensions Board, along with Sweden’s Public Pension Funds Council,

  • News

    DIAMONDS: World Diamond Council pushing for strengthening of Kimberley Process

    October 10, 2019 by MINING.COM Staff

    ANTWERP – Members of the World Diamond Council are pushing for the pending conclusion of the Kimberley Process’ review and reform process, and the related call regarding the strengthening of the scope of the Kimberley Process Certification Scheme or KPCS.

  • GOLD: Crystal Lake adds Rob McEwen as strategic investor

    September 16, 2019 by Northern Miner Staff

    VANCOUVER – Crystal Lake Mining has completed the first tranche of a $1.5-million private placement, raising $1.4 million through issuing 4.8 million units at 30¢ apiece. Rob McEwen, chairman and chief owner of McEwen Mining, bought 1.67 million units for $500,000 through his wholly owned company, Evanachan.

  • News

    Osisko Gold Royalties bets on Sable Resources

    September 5, 2019 by Trish Saywell

    Sable Resources (TSXV: SAE) says agreements potentially worth up to $12.6 million with Osisko Gold Royalties (TSX: OR) will finance exploration across its projects for the next four years. Osisko is taking a 9.86% stake for $2.08 million in the junior grassroots explorer

  • News

    GOLD: Minera Alamos takes stake in Prime Mining

    September 3, 2019 by Northern Miner Staff

    TORONTO – Minera Alamos has acquired a 16% interest in Prime Mining – formerly known as ePower Metals – after buying 9.45 million Prime shares at 30¢ per share on August 30. The transaction was part of an option agreement signed in June

  • News

    COPPER-GOLD: Northern Dynasty offering raises $11.5M for Pebble project

    August 14, 2019 by Canadian Mining Journal

    ALASKA – Northern Dynasty Minerals has closed its previously announced bought deal, raising $11.5 million for its 100% owned Pebble copper-gold project 300 km from Anchorage. (All figures in U.S. dollars.) The original offering was to raise $5 million, but

  • ENVIRONMENT: NRCan invests in greener mining innovation

    August 8, 2019 by Canadian Mining Journal

    MONTREAL – Natural Resources Canada wants to see Canada’s mining industry become leaders in green technology. To that end, the federal government is investing over $1.5 million in the Royal Institution for the Advancement of Learning at McGill University. The

  • GOLD: Pure Gold lands US$90M for Madsen construction

    August 7, 2019 by Canadian Mining Journal

    ONTARIO — Six months after delivering a positive feasibility study for its Madsen gold project in Red Lake, Ont., Pure Gold Mining has landed a US$90-million financing to bring it into production. The junior is targeting the end of 2020

  • FINANCIAL: Gross revenue for BC miners hits a record high of $12.3 billion

    May 16, 2019 by Canadian Mining Journal.

    VANCOUVER – The BC mining sector posted positive results for the second consecutive year, coming after a period of lower commodity prices and reduced activity. According to PwC Canada’s BC Mine report, prices for most metals and minerals produced in the province improved in

  • News

    Equinox Gold completes construction of Aurizona mine

    May 14, 2019 by Trish Saywell

    When Equinox Gold (TSXV: EQX; US-OTC: EQXFF) was formed in December 2017 as a three-way merger of Trek Mining, Newcastle Gold and Anfield Gold, it launched with a development asset in Brazil, a couple of non-core assets elsewhere in South America and