Canadian Mining Journal

  • News

    Vale buys Mitsui’s stake in Moatize amid plan to exit coal

    April 20, 2021 by Cecilia Jamasmie

    Vale SA (NYSE: VALE) has inked a deal to acquire Mitsui & Co’s stake in the Moatize metallurgical and thermal coal mine and port project in Mozambique, as the Brazilian miner works to exit the fossil fuel and become carbon

  • News

    QC Copper to buy 50% share of ‘strategic’ Roger project in Quebec

    April 5, 2021 by Canadian Mining Journal Staff

    QC Copper and Gold (TSXV: QCCU) has signed a definitive agreement with Pasofino Gold (TSXV: VEIN) to add a 50% share of the Roger copper-gold project in Quebec’s Chibougamau district to its portfolio of copper-gold holdings in the region. In

  • News

    Thor acquires Barrick’s majority interest in Central Houndé project

    April 5, 2021 by MINING.COM Staff

    Thor Explorations (TSXV: THX) announced on Monday it has agreed with Barrick Gold (TSX: ABX; NYSE: GOLD) to terminate the 2015 earn-in agreement between Thor and Acacia Mining, subsequently acquired by Barrick, on the Central Houndé project in southwestern Burkina Faso. Following

  • News

    Musk Metals grabs Elon lithium project in Quebec

    March 24, 2021 by Cecilia Jamasmie

    Canadian junior Musk Metals (CNSX: MUSK: US-OTC: GPMNF) is buying the Elon lithium project in Quebec, which would add the coveted battery metal to its gold-focused portfolio. “Fuelled by the recent shift to electric vehicles, demand for battery metals and materials

  • News

    Agnico Eagle sells projects in Finland and Sweden

    March 23, 2021 by MINING.COM Staff

    Agnico Eagle Mines (TSX, NYSE: AEM) will sell its Oijarvi gold project, in central Finland, and the Solvik gold project, in southern Sweden for $10-million to Gold Line Resources (TSXV: GLDL). Gold Line will acquire a 100% interest in both

  • News

    Nighthawk adds Kim & Cass property to Colomac holdings

    February 18, 2021 by Canadian Mining Journal Staff

    Nighthawk Gold (TSX: NHK) has entered into a binding option agreement with a subsidiary of natural gas and oil-focused Pine Cliff Energy (TSX: PNE) to acquire a 100% interest in the 31-sq.-km Kim & Cass property, adjacent to its existing

  • News

    Max Resource’s Cesar project grows to district-scale size

    February 18, 2021 by MINING.COM Staff

    Max Resource (TSXV: MXR) announced that it has, for the second time this year, expanded its Cesar copper-silver project in northeastern Colombia by adding a 500-sq.-km land package adjoining Cesar West’s northern boundary. According to the Canadian miner, with this

  • Wesdome to sell Moss Lake to Goldshore Resources for $57M

    January 26, 2021 by Canadian Mining Journal Staff

    Privately held Goldshore Resources has signed an asset purchase agreement with gold producer Wesdome Gold Mines to acquire the 143-sq.-km Moss Lake gold project, 100 km west of Thunder Bay, for total consideration estimated at $57 million. The B.C.-incorporated company

  • Moneta Porcupine acquires O3 Mining’s Garrison project in Timmins camp

    January 18, 2021 by Trish Saywell

    O3 Mining (TSXV: OIII; US-OTC: OIIIF) is selling its Golden Bear assets, including the Garrison gold project, to Moneta Porcupine Mines (TSX: ME; US-OTC: MPUCF) and taking a 30% stake in the company in a deal worth about $48 million.

  • News

    Fortune Nickel and Gold acquires strategic lands in Ontario

    January 11, 2021 by MINING.COM Staff

    Fortune Nickel and Gold, a wholly-owned subsidiary of Here To Serve Holding, announced that it has acquired strategic lands in Ontario, in the general area where Canada Nickel has discovered several significant deposits of nickel and other metals.  In detail,

  • News

    ALX to acquire Electra nickel project in Ontario

    January 4, 2021 by MINING.COM Staff

    ALX Resources announced that it has executed a definitive agreement for an option to purchase a 100% interest in the Electra nickel project in the Thunder Bay South mining district of Ontario. In a press release, ALX said that the

  • News

    Surge Copper acquires option on 70% stake in Berg copper project

    December 16, 2020 by Canadian Mining Journal Staff

    Explorer Surge Copper has entered into a definitive option agreement with Centerra Gold to hold the right to acquire a 70% interest in the Berg porphyry deposit in central B.C. Under the terms of the agreement, Surge can earn a