Canadian Mining Journal


  • News

    GOLD: High grades help Osisko raise $25M

    July 27, 2016 by Canadian Mining Journal

    QUEBEC – Osisko Mining of Montreal recently drilled 16.6 g/t Au over 6.7 metres at its Windfall Lake gold property in Urban Township. The company said it expanded this season’s drilling program at Windfall to 100,000 metres with expansion drilling

  • News

    Ascot prepares for 
Sprott’s $20M investment

    July 21, 2016 by Canadian Mining Journal

    VANCOUVER — Ascot Resources (TSXV: AOT) is reconsidering plans on how to best advance its flagship Premier gold-silver project, 20 km northeast of Stewart, BC, now that mining and exploration financier Eric Sprott wants to inject $20 million into the company. The placement,

  • MEETING: Fourth Energy and Mines World Congress coming in November

    July 20, 2016 by Canadian Mining Journal

    TORONTO – Energy and Mines has announced the launch of its Energy and Mines World Congress in association with Lightsource Renewable Energy. The congress will take place Nov. 21-22 at the Hilton Toronto and will bring together an international audience

  • News

    INVESTMENT: Ontario pledges $5M to mining R&D effort

    July 4, 2016 by Canadian Mining Journal

    SUDBURY, ON – The Ontario government will pour $5 million into mining research and development at Laurentian University. A consortium at the school is investigating new methods of improving mineral targeting. The official award was made June 29 by Northern

  • News

    LITHIUM: Nemaska to make $50M-$60M equity offering

    June 30, 2016 by Canadian Mining Journal

    QUEBEC CITY – Nemaska Lithium has announced details of a proposed market offering that will raise between $50 million and $60 million. The company will issue between 43.48 million and 52.17 million units. Each unit will consist of one common

  • News

    Canpotex nixes plan for potash terminal in Prince Rupert

    June 29, 2016 by Canadian Mining Journal

    Canpotex, an exclusive offshore marketing company for potash mined in Saskatchewan by Agrium (TSX: AGU; AGY: NYSE), Mosaic (NYSE: MOS) and Potash Corp. of Saskatchewan (TSX: POT; NYSE: POT), has abandoned plans to build a $775 million potash export terminal in Prince Rupert, BC, after

  • News

    GOLD: Osisko Mining closes $25M flow-through sale

    June 27, 2016 by Canadian Mining Journal

    MONTREAL – Osisko Mining Inc. (formerly Oban Mining Corp.) has closed the sale of 7.57 million flow-through shares to raise slightly more than $25 million. The price of $3.33 each represented a 45% premium to the closing price of Osisko

  • News

    GOLD: Guyana Goldfields increases equity offering to $130M

    June 27, 2016 by Canadian Mining Journal

    GUYANA – Toronto-based Guyana Goldfields has increased its public offering to $130 million through the sale of 13.83 million shares priced at $9.40 each. The underwriters, let by BMO Capital Markets, Scotiabank and RBC Capital Markets, will purchase 12.83 million

  • News

    Editorial: Uncertainty on the horizon in the Yukon

    June 27, 2016 by Canadian Mining Journal

    VANCOUVER — The winds of legislative change out of Ottawa are shifting regulatory expectations for natural resource development across Canada, and the Yukon government is feeling the impact. The Trudeau Liberals have expressed a desire to rejuvenate Canadians’ “trust in

  • News

    GOLD: TomaGold partners with Goldcorp at Sidace Lake project

    June 23, 2016 by Canadian Mining Journal

    ONTARIO – TomaGold Corp. of Montreal has bought up a 39.5% interest in the Sidace Lake project from Planet Exploration. Goldcorp holds the remaining 60.5% of the project 25 km northeast of Balmertown in the Red Lake mining camp. In

  • News

    GOLD: Endeavour Mining launches $125M bought deal

    June 22, 2016 by Canadian Mining Journal

    PARIS – Endeavour Mining has entered into a bought deal that will raise $125 million with a syndicate of underwriters led by BMO Capital Markets. The underwriters have agreed to buy 6.25 million common shares at a price of $20.00

  • COPPER-NICKEL: Northern Shield teams up with South32 at Huckleberry

    June 16, 2016 by Matthew Keevil, The Northern Miner

    VANCOUVER — A commitment to strong science has paid off for junior Northern Shield Resources at its greenfield Huckleberry copper-nickel discovery in the southern Labrador Trough. On June 7, the company announced an option agreement wherein Australian-based mega-miner South32 could earn a 70% interest