Energy Fuels buys ASM in $300M rare earths deal
Energy Fuels (NYSE: UUUU; TSX: EFR) is to acquire rare earth metals producer Australian Strategic Materials (ASX: ASM) in a share deal valued at US$299 million. Energy Fuels shares rose. …
Articles by Canadian Mining Journal Staff
Sumitomo’s first Frotet resource shows 5-gram gold
Kenorland Minerals (TSXV: KLD; US-OTCQX: KLDCF) says an inaugural inferred mineral resource for the Regnault gold deposit at northern Quebec’s Frotet project shows average grades of 5.47 grams per tonne.Regnault…
Sagamok Anishnawbe, KGHM sign Victoria IBA
Sagamok Anishinawbek First Nation and Poland’s KGHM International have signed an impact and benefit agreement (IBA) for the Victoria mine project after more than a decade of collaboration. Located roughly…
Tahltan back Skeena’s Eskay Creek gold project in B.C.
The Tahltan Nation has voted to support the impact benefit agreement (IBA) ensuring significant financial participation in Skeena Gold & Silver’s (TSX, NYSE: SKE) Eskay Creek gold-silver project in British…
Quebec to introduce faster environmental reviews
The Quebec government plans to change its environmental assessment procedures – which could affect the mining sector – by cutting timelines potentially in half. Environment Minister Bernard Drainville announced…
Canadians support mining despite Nimbyism: Survey
Canadians broadly support mining’s role in the energy transition but remain wary of new projects in their own regions, according to new national polling that highlights both opportunities and persistent…
Anglo-Teck deal hangs on redomiciling: Globe
The federal government is pressuring Anglo American (LSE: AAL) to become legally Canadian on top of moving its headquarters to Vancouver as it scrutinizes the British miner’s $50-billion (C$69-billion) bid…
Gold Fields doubles Windfall capex to $1.9B
Gold Fields (NYSE, JSE: GFI) says developing the Windfall gold project in Quebec still makes sense even though it may cost more than double a 2022 estimate. The company expects…
Thesis Gold gets rare First Nations equity investment
Thesis Gold (TAU‑TSXV) has announced an equity investment by the Kwadacha, Tsay Keh Dene and Takla First Nations as the company advances the Lawyers‑Ranch project in British Columbia. While the…
Nova Scotia OKs next gold mine
NexGold Mining (TSXV: NEXG; US-OTC: NXGCF) secured industrial approval from Nova Scotia for its Goldboro project, clearing one of the last provincial hurdles to a planned construction start next year….
Fury Gold’s Eau Claire study posits 41% return
Fury Gold Mines’ (TSX, NYSE-A: FURY) first economic study of its Eau Claire gold deposit in Quebec shows strong returns across three development concepts. The base case using a gold…
Magna cuts 2.3% nickel near Sudbury
Magna Mining (TSXV: NICU; US-OTC: MGMNF) is reporting more strong assays from drilling at its historic Levack nickel-copper mine near Sudbury, Ont., reinforcing the high-grade potential of the footwall deposit…