Canadian mining capex reached decade high in 2022
Capital spending in Canada’s mining industry increased by 14% to $13.5 billion last year, its highest in a decade, the latest figures published by Natural Resources Canada showed. The sector’s…
Articles by Jackson Chen
Oroco shares rise on PEA for Santo Tomas copper project in Mexico
Oroco Resource (TSXV: OCO; US-OTC: ORRCF) has put out a preliminary economic assessment (PEA) as well as updated mineral resource estimate for the North and South zones of its Santo…
Winshear Gold moves on from Tanzania project, takes US$30M settlement
Canadian gold explorer Winshear Gold (TSXV: WINS) has ended a longstanding dispute with the Tanzanian government in regards to the company’s licences for the SMP project. On Monday, the parties…
US DOI draft study poses further setback for Alaska’s Ambler road project
The proposed 211-mile transportation corridor for accessing untouched mineral deposits in northwestern Alaska, also known as the Ambler road project, will likely cause harm to wildlife and disruptions to local…
Freeman Gold shares rise on initial PEA for Lemhi project in Idaho
Shares in Idaho-focused junior explorer Freeman Gold (TSXV: FMAN; US-OTC: FMANF) rose as high as 11.5% Monday following the release of an initial preliminary economic assessment (PEA) on its Lemhi…
PNG government approves Porgera mine restart for Barrick
Barrick Gold (TSX: ABX; NYSE: GOLD) has received the go-ahead from the government of Papua New Guinea to restart the Porgera mine, which has been placed on care and maintenance…
Orion invests US$17M into South Dakota-focused gold explorer
Dakota Gold (NYSE: DC) has formed a strategic partnership with Orion Mine Finance that would see the U.S.-listed gold explorer receive an equity investment of US$17 million ($23.2 million), plus…
Goliath closes $8.6M upsized financing, welcomes new institutional investor
Goliath Resources (TSXV: GOT; US-OTC: GOTRF) has completed the second and final tranche of a recently upsized private placement that would see the Canadian junior miner raise a total of…
Denison offers up $15M to Athabasca explorer F3 Uranium
F3 Uranium (TSXV: FUU; US-OTC: FUUF) has received a $15 million strategic investment from Denison Mines (TSX: DML; NYSE: DNN) to support the advancement of its Patterson Lake North (PLN)…
Séguéla drives Fortuna to record gold production in Q3
Fortuna Silver Mines (TSX: FVI; NYSE: FSM) achieved a new production record during the third quarter of 2023, as its Séguéla mine in Cote d’Ivoire finished its first full quarter…
Cordoba lands bridge financing for Alacran after sealing JV with China’s JCHX in May
Vancouver-based Cordoba Minerals (TSXV: CDB; US-OTC: CDBMF) has arranged US$8 million in bridge financing to advance its Alacran copper project in Colombia. Half of the amount (US$4 million) will be…
Taseko boosts copper production at Gibraltar mine after upping stake in March
Taseko Mines (TSX: TKO; NYSE-AM: TGB; LSE: TKO) reported on Wednesday that its flagship Gibraltar mine produced 25% more copper in the third quarter than the the second, owing to…