Government funding now a plus not a burden, miners say
In the West’s efforts to catch up with China’s lead in critical minerals development, more companies are warming to government financing than in previous years when governments were regarded as…
Exploration
Elevra inks $437M financing for Quebec lithium
Australia’s Elevra Lithium (ASX: ELV; Nasdaq: ELVR) unveiled a A$441-million ($437-million) funding package to help expand its North American Lithium (NAL) operation in Quebec and advance pre-development work at the…
Fortune Bay gold assays shine in uranium country
Drilling at Fortune Bay’s (TSXV: FOR; US-OTC: FTBYF) Goldfields project in northern Saskatchewan has extended shallow historical near-surface mineralization at the Golden Pond target, just north of the Box gold…
Galiano assays expand Asanko gold mine in Ghana
Producer Galiano Gold (TSX, NYSE-A: GAU) said new drilling at its Asanko gold mine in Ghana expanded the Abore deposit’s mineralized footprint beyond the current underground resource. Hole ABDD26-477 cut…
Ontario spotlight: Four explorers worth a look – Part 2
Ontario is a global mining powerhouse, rich in copper, gold and lithium among other minerals. Here are four companies to watch.
TMC, Allseas strike first seabed nodule mining deal
The Metals Company (NASDAQ: TMC) has signed a commercial agreement with offshore engineering giant Allseas to develop and operate what the companies say would be the world’s first commercial deep-sea…
Focus Graphite in Quebec boasts world’s fifth-largest resource
An updated resource for Focus Graphite’s (TSXV: FMS; US-OTC) Lac Tetepisca project in central Quebec ranks it in the top five largest graphite resources in the world, and almost doubles its…
San Lorenzo hits all-time high on Chile gold assays
San Lorenzo Gold (TSXV: SLG) soared to a record intraday high after the Canadian explorer said new drilling on the Arco de Oro target at its primary Salvadora project in…
Buenaventura eyes 16-year boost for new Peru mine
Buenaventura (NYSE: BVN), one of Peru’s largest mining firms, is considering extending the life of its San Gabriel gold project in southern Peru by as much as 16 years. The…
Drilling 17g shines Westhaven Gold’s Shovelnose crown
Strong drilling results at Westhaven Gold‘s (TSXV: WHN; US-OTC: WTHVF) Shovelnose project in south-central British Columbia reinforce the main South zone deposit’s wide high-grades as the company starts a prefeasibility…
Gold M&A: Denarius scraps Emerita takeover in Spain
Denarius Metals (CBOE: DMET; US-OTC: DNRSF) dropped efforts to acquire Emerita Resources (TSX-V: EMO; US-OTC: EMOTF), ending a three-week takeover campaign after the Spain-focused explorer refused to hold talks over…
Australian state vote may allow uranium mining for first time in 40 years
The New South Wales (NSW) government has taken a major step towards potentially allowing uranium mining and nuclear energy in Australia’s most populous state. A bill to repeal the 1986…