Spanish Mountain signs $55M royalty deal with Wheaton
Spanish Mountain Gold (TSX-V: SPA) has inked a $55 million (C$75 million) royalty agreement with Wheaton Precious Metals (TSX: WPM) tied to its namesake project in British Columbia, Canada. The…
Exploration
USA Rare Earth boosts Western supply chain in $2.8B deal for Brazil producer
USA Rare Earth (Nasdaq: USAR) plans to acquire Brazilian rare earths producer Serra Verde Group for a total value of about $2.8 billion, a move that could position the new…
Banyan Gold hits high on $46.5M capital raise
Banyan Gold (TSXV: BYN) soared to an all-time high on Monday after announcing a capital raise of $46.5 million for its flagship AurMac property in Canada’s Yukon Territory. In a…
Fortuna Mining enters Guyana with Quartzstone deal
Fortuna Mining (TSX: FVI; NYSE: FSM) is expanding beyond its traditional hubs with a new earn-in agreement that will allow it to gain a foothold in the prospective Guiana Shield. Vancouver-based…
US Senate vote unlocks huge Antofagasta copper project in Minnesota
The United States Senate narrowly voted to overturn a longstanding mining ban on public lands in northern Minnesota, a move that could revive development of one of the country’s largest…
Juno wins discovery award for Big Thunder
Private Ontario explorer Juno Corp. has won the Bernie Schnieders Discovery of the Year Award from the Northwestern Ontario Prospectors Association (NWOPA) for its Big Thunder gold discoveries in the…
BC exploration spending sets record on copper appetite
Exploration spending in British Columbia set a new record last year as junior miners turned on the tap amid sustained appetite for copper projects. Exploration and evaluation expenditures in the…
Blue Moon outlines 1% copper mine in Norway
Blue Moon Metals (TSXV: MOON; Nasdaq: BMM) says a newly feasibility study for its Nussir copper project in northern Norway has confirmed what it calls a “long-life asset with strong…
Wolfden’s zinc-silver resource may revive Bathurst camp
An initial estimate for Wolfden Resources’ (TSXV: WLF) Canoe Landing deposit outlines strong zinc and silver grades, marking the first modern resource at Wolfden’s multi-target Tetagouche property inside New Brunswick’s…
Omai soars on gold resource update in Guyana
Omai Gold Mines (TSXV: OMG; US-OTC: OMGGF) has lifted its contained gold by about 22% at its eponymous project in Guyana while upgrading about half the resource into stronger categories….
American Eagle bids for Pacific Booker to add BC asset
Canadian explorer American Eagle Gold (TSXV: AE; US-OTC: AMEGF) offered to buy Pacific Booker Minerals (TSXV: BKM; NYSE-MKT: PBM), arguing that the unsolicited deal offers a “new path forward” for…
Chalice taps Cutifani’s firm for Aus palladium push
Chalice Mining (ASX: CHN) has appointed Odin Partnership, founded by former Anglo American (LSE: AAL) chief Mark Cutifani, as a strategic adviser to advance its Gonneville palladium-nickel-copper project in Western…