Victoria Gold CEO says company won’t fold, contamination minor
Victoria Gold (TSXV: VGCX) says the danger of major contamination from its Eagle mine in the Yukon has passed and the company is financially solvent for now. CEO and president…
Articles by Colin McClelland
First Majestic discovers gold-silver veins at Ermitaño in Mexico
First Majestic Silver (TSX: AG; NYSE: AG) says it’s found a new gold and silver mineralized system it’s calling Navidad next to its Ermitaño mine in Mexico. Drill result highlights…
Big Oil seizes lithium opportunities
Mining companies could benefit in cash and technology as major fossil fuel companies such as ExxonMobil (NYSE: XOM), Occidental Petroleum (NYSE: OXY) and Equinor (NYSE: EQNR) invest in lithium, a potential lifeline amid…
Vizsla Silver’s Panuco ‘blows past’ analyst estimates
Vizsla Silver’s (TSXV: VZLA; NYSE: VZLA) preliminary economic assessment (PEA) of its main Panuco silver-gold project in Mexico shows it to be a global contender, according to Raymond James. Panuco…
Zambian copper goals face challenges despite billions pouring in
Zambia wants to increase copper output to 1 million tonnes by 2027 as billions of dollars in investments flow to the African country and the regional mining belt it’s part…
ACG opts for US$290M copper mine in Turkey after dead US$1B nickel deal
ACG Acquisition (LSE: ACG), founded by a mining executive who helped create aluminum giant Rusal, is taking another stab at green metals after a US$1 billion deal last year failed to…
Ramp surges on Sprott backing for Sask. project
Ramp Metals (TSXV: RAMP) shares gained more than a quarter of their value on Wednesday after gold bug Eric Sprott invested in the Saskatchewan explorer. Sprott is the lead investor in…
Heliostar gains on Mexican mines buy
Heliostar Metals (TSXV: HSTR; US-OTC: HSTXF) is again buying assets from the former Argonaut Gold to expand in Mexico. Its shares rose. Vancouver-based Heliostar is negotiating with lenders for a…
Montage Gold raises $180M from Zijin, Lundin for Koné project in West Africa
China’s Zijin Mining Group and the Lundin family are part of a $180 million capital raising to increase their stakes in Montage Gold (TSXV: MAU; US-OTC: MAUTF) and advance its…
Ontario First Nation seeks mining claims ban for now, and more consultation
A northern Ontario First Nations community, which opposes development of the Ring of Fire area and has fought pulp and paper mercury poisoning for decades, is taking the province to…
Top uranium producer Kazakhstan hikes tax
Kazakhstan, the world’s largest producer of uranium, is increasing its mining tax on the nuclear fuel by at least 50% next year. The central-Asian country is to raise the rate…
Ramp Metals plunges after new gold assays in Saskatchewan
Ramp Metals (TSXV: RAMP) shares fell 25% on Monday after it reported assay results from its Rottenstone SW project in Saskatchewan that were a fraction of the mineralization in a…