Investing
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GOLD: IDM receives positive feasibility study for Red Mountain Gold
IDM Mining Ltd. is pleased to announce the results of a Feasibility Study for the Red Mountain Gold Project, located in northwestern British Columbia near the town of Stewart, BC. The 2017 FS, confirms the positive economics for a near…
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Lithium: Northern Ontario Heritage Fund invests in Avalon
Ontario is diversifying the Northern economy and helping create good new jobs for people in the North by supporting innovation at a mining company near Kenora. The province is supporting Avalon Advanced Materials as it develops an innovative new process…
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Cobalt: First Cobalt proposes mergers with Cobalt One and CobalTech
Trent Mell of First Cobalt is making good on his promise to build a diversified portfolio of cobalt assets to capitalize on growing demand for the metal in battery production for the electric vehicle market. The president and CEO has signed letters of…
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TNM Roundtable: Leaders debate cash deployment
Industry members weighed in on how companies could best deploy cash at The Northern Miner’s roundtable discussion in Toronto in early April. The event – sponsored by PwC and moderated by Northern Miner editor-in-chief John Cumming and publisher Anthony Vaccaro – augments the Miner’s…
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GOLD: Agnico Eagle bulks up treasury with $220M share sale
TORONTO – Agnico Eagle Mines announced on March 27 that it has agreed to issue and sell approximately 5.0 million common shares directly to an institutional investor in the United States. The shares are priced at US$43.97 each for a…
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NICKEL: RNC Minerals, Waterton form JV for Dumont mine project
QUEBEC – Toronto-based RNC Minerals is forming a 50:50 joint venture with Waterton Metals Fund II Cayman and Waterton Mining Parallel Fund Onshore Master (Waterton) for the development and operation of RNC’s Dumont nickel project 25 km west of Amos,…
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GOLD: Kinross takes 9.5% of BonTerra
VANCOUVER – No sooner did BonTerra Resources announce that it had cut more near surface, high grade gold values (see CMJ Headline News for March 22, 2017) at its Gladiator deposit 170 km northeast of Val d’Or, than Kinross Gold…
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Sprott’s Rick Rule likes prospect generators
Rick Rule, president and CEO Sprott U.S. Holdings, shared his investment ideas and view on exploration in an interview on the sidelines of the recent Prospectors and Developers Association of Canada convention in Toronto. Rule’s top names include prospector-turned-royalty generator Eurasian…
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Saskatchewan the best place to invest, Fraser Institute says
Saskatchewan takes the crown as the most attractive jurisdiction for investment in the Fraser Institute’s Annual survey of mining companies 2016, moving up from second place in 2015, and dethroning Western Australia. The survey’s authors Taylor Jackson and Kenneth Green compiled…
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GOLD: Agnico Eagle invests $14.5M in G4G/White Gold
TORONTO – Agnico Eagle Mines has invested $14.5 million in G4G Capital Corp. with the purchase of 12.1 million shares at a price of $1.20 each. That gives Agnico about a 19.93% interest in the smaller company, that plans to…
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AWARD: Canada best country at international investment forum
LONDON, England – Canada’s mineral industry is recognized globally for its innovation, environmental stewardship, indigenous engagement and corporate social responsibility. Coupled with a stable and secure economy, this makes Canada one of the world’s top destinations for exploration and mining. Mining in Canada is an…
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PLAN NORD: Online platform will help Quebec suppliers win contracts
MONTREAL – The Quebec government has partnered with one of Canada’s leading firms in risk management and contractor compliance to develop a platform to help Quebec-based suppliers bid for Plan Nord contracts. Plan Nord is a central plank of the…
