Mayfair lines up $310M for Ontario gold project
Mayfair Gold (TSXV: MFG; NYSE-A: MINE) has reached a preliminary financing agreement with Australia’s Macquarie Bank for up to $310 million (US$218 million) to help develop its Fenn-Gib gold project…
Exploration
Space miners may face an Earth-sized tax problem
Miners may one day extract fortunes from the Moon and asteroids, but governments will have to figure out how to take their cut without killing the industry before it gets…
Beaver Creek: BC chief warns permits aren’t consent
BEAVER CREEK, Colo. – A Kwagu’ł hereditary chief cautioned mining investors not to mistake government permits or mineral claims for his people’s consent, saying capital spent before engagement gives companies…
Miata drills 3.4 g gold at Sela Creek in Suriname
Drilling at Miata Metals’ (TSXV: MMET; US-OTC: MMETF) Sela Creek project in Suriname has returned stacked, high-grade intercepts in the Jons Trend, giving it the potential for open-pit mining, the company…
Arizona Gold finds high-grade zones at main project
New drilling by Arizona Gold & Silver (TSXV: AZS; US-OTC: AZASF) at its Philadelphia project in Arizona has encountered high-grade zones that extend gold mineralization below the Red Hills target….
Hercules extends Idaho copper discovery
Hercules Metals (TSXV: BIG; US-OTC: BADEF) has extended its Southern Flats copper discovery in Idaho, enlarging a target that may connect with the Leviathan system to the north. Hole HER-26-01…
Hancock disputes report of rare-earths paper loss
Australia’s Hancock Prospecting is disputing a report by the Australian Financial Review that falling shares of MP Materials (NYSE: MP) and Lynas Rare Earths (ASX: LYC) have cut the value…
Golden Cariboo outlines nearly 1M oz inferred in BC
Golden Cariboo Resources (CSE: GCC; US-OTC: GCCFF) has outlined an initial resource of 175,000 indicated oz. gold and 995,000 inferred oz. at its past-producing Quesnelle property in central British Columbia,…
Mining Forum: AI begins paying off, McKinsey says
COLORADO SPRINGS, Colo. – Fifteen of 19 major mining companies tracked by McKinsey reported financial gains from artificial intelligence in the third quarter through Sept. 11, up from four in…
Atlas’ Malacacheta emerges as South America’s largest graphite resource
An initial estimate for Atlas Critical Minerals’ (Nasdaq: ATCX) Malacacheta project in Brazil positions it as South America’s largest compliant, publicly reported graphite resource. Shares rose. The estimate gives Malacacheta…
Mining Forum: US needs Canada to break China’s minerals grip
COLORADO SPRINGS, Colo. – Washington’s hostility towards Canada threatens its effort to reduce dependence on Chinese minerals, former U.S. sanctions official Edward Fishman said Monday. The United States has the…
B2Gold strikes new Goose gold zone
B2Gold (TSX: BTO; NYSE-A: BTG) has discovered a new high-grade gold zone at its Goose mine in Nunavut as the operation recovers from an April crusher fire and remains on…