Abcourt preps Sleeping Giant’s first gold since 2014
The aptly-named Sleeping Giant mill in Quebec is turning again for the first time since 2014, says Abcourt Mines (TSXV: ABI; US-OTC:ABMBF). The company said Wednesday it has invested about…
Articles by Canadian Mining Journal Staff
Osisko Devel. raises $203M for Cariboo project
Osisko Development (TSXV: ODV; NYSE: ODV) has closed a $203-million (C$280-million) bought deal private placement to help construct the Cariboo gold project in British Columbia. The amount adds to a $450-million…
Mine rescue teams compete for Ontario title
Eight provincial districts are advancing to the Ontario Mine Rescue competition next month where only one team will return home with the coveted gold hard hats. At district competitions that…
Rare Element Resources nears $553M funding for Wyoming project
The U.S. Export-Import Bank (Exim) has expressed interest in providing a loan of up to $553 million (C$763 million) for Rare Element Resources (US-OTC: REEMF) to develop its rare earths…
NexGen’s Rook 1 project to enter CNSC final stage approval, analysts cool on hearing delays
NexGen Energy’s (TSX, NYSE: NXE; ASX: NXG) Rook 1, Canada’s largest development-stage uranium project has reached the final stage of project approval, with the Canadian Nuclear Safety Commission (CNSC) setting…
First Nations slam ‘unacceptable’ iron ore project in western Labrador
A trio of First Nations in Quebec have jointly opposed Century Global Commodities’ (TSX: CNT) Joyce Lake iron ore project in western Labrador, while the company says it’s working on addressing…
Ontario OKs $90M to upgrade Ring of Fire region
Queen’s Park and Aroland First Nation have signed a multi-million-dollar agreement to plan a transmission line in the remote Ring of Fire area in the province’s north. The deal also…
Proposed BC rules threaten exploration: prospectors
Mining prospectors and policy specialists are warning that a new mineral claims consultation framework due to be adopted this spring by British Columbia could end up hurting exploration in the…
Fortuna posts record precious metals output in 2024
Fortuna Mining (NYSE: FSM; TSX: FVI) reported record production results for the fourth quarter and full year 2024 from its five operating mines abroad. For the whole of 2024, Fortuna…
Artemis starts Blackwater gold milling in BC
Artemis Gold (TSXV: ARTG) says it’s begun milling ore this week at the Blackwater mine in British Columbia as it prepares for an initial gold pour this month.The Vancouver-based company…
Savannah gains on larger lithium zone in Portugal
Savannah Resources (LSE: SAV), the British company behind the Barroso lithium project — Europe’s largest in spodumene — said new exploration results point to a larger deposit than previously estimated…
‘Robust mineralization’ at Valley in Yukon, Snowline says
Drilling by Snowline Gold (TSXV: SGD; US-OTC: SNWGF) continues to deliver strong results from this year’s drill program at its Valley deposit in eastern Yukon. The company is also updating…