Barrick grows net reserves to 69Moz at improved grade
Barrick Gold Corporation (TSX: ABX; NYSE: GOLD) says it has succeeded in replacing its global gold reserve base by 150% before accounting for acquisition and equity changes at its South…
Exploration
Advanced Marimaca project still in the ‘early stages of discovery,’ says CEO
Marimaca Copper (TSX: MARI) is confident its namesake discovery in northern Chile near Antofagasta is still in the discovery phase despite a feasibility study forthcoming by year-end and a construction…
AME Roundup: B.C. mining production achieves record in 2021
The Association of Mineral Exploration’s annual Roundup event kicked off this week, providing the first opportunity for industry delegates to mingle in person at an industry event following the start…
Uranium ‘has to be part’ of electrification, says Dev Randhawa
The continued industrialization and urbanization of the global economy have thrust energy security back to the fore. According to uranium industry doyen Dev Randhawa, it creates a perfect storm to…
Continuous investment in R&D the fastest route from drill bit to dividend, says Osisko’s Roosen
In recent years, the Canadian federal government’s changes to environmental assessment legislation have impacted mineral exploration investment in Canada “pretty significantly,” Osisko Development Corp. (TSXV: ODV) CEO and co-founder Sean…
Donlin assays extend higher trends for Barrick
Barrick (TSX:ABX; NYSE:GOLD) has released results from the remaining 30% of the 2020 drilling program at the Donlin gold project in Alaska. Both the grade and thickness of the intercepts…
$25M raised by Eloro for Iska Iska exploration in Bolivia
Eloro Resources (TSX-V:ELO; OTCQX:ELRRF; FSE:P2QM) has raised $25 million for mineral exploration in Bolivia by issuing 6.67 million units priced at $3.75 each. Each unit consists of one common share…
Wallbridge raising $17M for continued work at Fenelon
With potential to further advance the Fenelon gold project in Quebec, Wallbridge Mining Company (TSX:WM) has announced a bought deal financing worth $17.4 million. Proceeds are to be used exploration…
Historic Phoenix mine target of Golden Dawn’s airborne survey
Golden Dawn Minerals (TSXV:GOM; US-OTC:GDMRF) has completed a helicopter-borne VTEM and magnetics survey over the old Phoenix copper mine at its Greenwood precious metals project in southeast B.C. The Golden…
Nonferrous metals exploration budget down by 11% in 2020 – S&P report
The global budget for nonferrous metals exploration was $8.7 billion in 2020 down from the $9.8 billion registered in 2019.
Sabina expands Back River gold zones
As developer Sabina Gold and Silver prepares to release a feasibility study on its Goose mine gold project in Nunavut in the first quarter, the company has also released eight final drillhole…
Cassiar drills 18.2 metres of 5.43 grams gold at Taurus in BC
Cassiar Gold has released the last of its drill results from its 2020 exploration campaign at its Cassiar gold project in northern B.C. The 24-hole program was designed to confirm the…