Osisko drilling hints at high-grade copper for Gaspé
Osisko Metals (TSX: OM) said assays from six new drill holes at its Gaspé copper project in Quebec show the presence of a high-grade zone that bodes well for the…
Articles by FREDERIC TOMESCO
Minera Alamos raises $135M to pay for Equinox assets
Minera Alamos (TSXV: MAI) said it closed a C$135 million (US$98 million) equity financing that will help the company pay for three Nevada assets it’s in the process of buying…
Lithium Ionic boosts projected returns for Brazil project
Lithium Ionic (TSX-V: LTH; US-OTC: LTHCF) said a definitive feasibility study for its Bandeira project in eastern Brazil shows higher returns, lower capital costs and a longer mine life than…
Titan starts work to commission U.S. graphite facility
Titan Mining (TSX: TI; US-OTC: TIMCF) said it will start commissioning a new graphite demonstration facility in upstate New York – a key step toward building the first integrated U.S….
OceanaGold books high-grade gold in South Carolina
New high-grade drill results from OceanaGold’s (TSX: OGC; US-OTC: OCANF) Haile mine in South Carolina show the company is making headway towards a goal of expanding the resource at its…
Northern Graphite to raise $2.2M for feasibility study
Canadian miner Northern Graphite (TSXV: NGC; US-OTC: NGPHF) plans to raise up to C$2.2 million on the stock market as it builds on a recent federal lifeline extended to North…
Anglo-Teck deal seen spurring rival bids: analysts
Anglo American’s (LSE: AAL) proposed acquisition of Teck Resources (TSX: TECK.A TECK.B, NYSE: TECK) could end up putting both companies in play as rival miners scramble to find large-scale copper assets,…
Galiano halts Ghana deposit work after clash
Galiano Gold (TSX, NYSE-A: GAU) says it temporarily suspended operations at the Esaase deposit at Ghana’s Asanko mine after one person died Tuesday during a clash between soldiers and area…
Perpetua advances potential $2B Stibnite loan
Perpetua Resources (TSX, NASDAQ: PPTA) says it received initial terms for a $2-billion U.S. government loan that would almost completely fund restarting the fast-tracked Stibnite project in Idaho, which shut…
Vizsla lines up Macquarie-led $220M for Panuco
Canadian miner Vizsla Silver (TSX, NYSE: VZLA) hired Australia’s Macquarie Bank as lead arranger of a $220 million (C$304 million) maximum financing package for the construction and development of the Panuco…
Centerra buys 9.9% of Liberty to expand Idaho bet
Centerra Gold (TSX: CG, NYSE: CGAU) agreed to buy 9.9% of Liberty Gold (TSX: LGD; US-OTC: LGDTF) for about $28 million to add a stake in a junior miner that’s…
Top 20 gold drilling this year: Wesdome wins
Australia dominated the global ranking of best gold assays this year to June 30 with six holes in the top 10 and nine in the top 20 – but it…