G Mining gets Brazilian tax cut for gold mine
Authorities in Brazil have granted G Mining Ventures’ (TSX: GMIN; US-OTC: GMINF) main Tocantinzinho mine a reduced tax rate, a move that the Canadian company says will “materially enhance” profit…
Articles by FREDERIC TOMESCO
New Quebec minister urged to cut mining red tape
Quebec has a new minister responsible for mining and forestry. Jean-François Simard, a sociologist by training who once served as the province’s junior environment minister, was appointed natural resources minister…
Sprott adds again to physical uranium trust holdings
The world’s largest holder of physical uranium keeps expanding its war chest. The Sprott Physical Uranium Trust (TSX: U.U for USD; U.UN for CAD) now holds about 72.4 million lb. of uranium,…
DPM halts Ecuador gold project drilling amid protests
Drilling at DPM Metals’ (TSX, ASX: DPM) Loma Larga project in Ecuador has been put on hold following widespread protests, the Canadian miner said as it released a new study…
Red Pine books near-surface gold at Wawa project
Red Pine Exploration (TSXV: RPX; US-OTC: RDEXF) said new drilling at the past-producing Wawa project in Ontario showed the presence of near-surface gold near a potential open pit. The stock…
AbraSilver jumps to record on Diablillos drilling results
AbraSilver Resource (TSX: ABRA; US-OTC: ABBRF) stock closed at an all-time high Tuesday after the miner said new drilling at its flagship Diablillos project in northwestern Argentina showed the presence…
Sterling surges on high-grade copper find in Ontario
Sterling Metals (TSXV: SAG, US-OTC: SAGGF) shares doubled after the Canadian explorer said it discovered a new high-grade copper zone at the past-producing Soo project in Ontario. Drill hole MEPS-25-02 cut…
Omai Gold hits all-time TSX high on Guyana assays
Omai Gold Mines (TSXV: OMG; US-OTC: OMGGF) stock hit a new all-time high Friday after the company said new drilling at its namesake project in Guyana produced multiple high-grade intercepts….
Canada Nickel targets Midlothian resource by end 2025
Canada Nickel (TSXV: CNC; US-OTCQX: CNIKF) said it will release an initial resource for its Midlothian property in northern Ontario next quarter after new drilling results showed near-surface mineralization. Hole…
Fortune Bay’s Goldfields project value jumps
Fortune Bay (TSXV: FOR; US-OTC: FTBYF) said an updated economic study for the company’s Goldfields project in Saskatchewan shows rising gold prices have resulted in a quadrupling of the past-producing…
DRC to impose cobalt export quotas
The Democratic Republic of Congo will end a ban on cobalt exports next month and impose annual shipment quotas instead as the world’s biggest producer of the metal seeks to…
Perseus gets Côte d’Ivoire OK to build gold mine
Perseus Mining (ASX, TSX: PRU) said it’s received presidential approval to develop and operate Côte d’Ivoire’s first underground mine. Shares rose. Côte d’Ivoire President Alassane Ouattara signed the decree authorizing…