Nouveau Monde grows Matawinie resources
Nouveau Monde Graphite (TSXV: NOU) has released updated resources for the West Zone deposit at its Matawinie graphite project, 150 km north of Montreal. Updated measured and indicated resources increased by…
Fast News
Copper price meltdown sinks mining stocks
The decline in the copper price accelerated on Wednesday, as pandemic fears grip global markets and mining companies announce a wave of production halts and project construction suspensions. Copper trading…
BTU hits more VMS-style mineralization at Dixie Halo
Drilling at BTU Metals’ (TSXV: BTU) 197-sq.-km Dixie Halo project in Ontario’s Red Lake district returned continuous volcanogenic massive sulphide-style mineralization over 300 metres, starting at surface, with metal grades increasing…
Explorers reduce activity over coronavirus threat
With mining majors suspending expansion plans, ramping down operations and temporarily closing down head offices in response to Covid-19, development and exploration companies are also taking precautionary measures to prevent…
Copper price sinks as China faces first GDP drop since 1976
Copper prices continued to slide on Tuesday after China released economic data showing the deepest declines on record for industrial production and fixed asset investment. Copper trading in New York…
Dunnedin Ventures to become Kodiak Copper
Publicly traded Kodiak Copper (TSXV: KDK), a portfolio company of the Discovery Group that was formerly Dunnedin Ventures (TSXV: DVI), will focus on copper porphyry exploration in Canada and the United States. The…
Lundin Mining puts zinc expansion on hold to prevent spread of coronavirus
Lundin Mining (TSX: LUN) has put the brakes on zinc expansion activities at its Neves-Corvo operation in Portugal, joining the rising number of companies taking precautionary steps in the face…
Alamos to reacquire Island Gold royalty for $75M
Alamos Gold (TSX: AGI) has announced that it has entered into an agreement to acquire a 3% net smelter return (NSR) royalty on production from four claims at its Island…
Maple expands Douay targets in Quebec
An induced polarization (IP) survey completed at Maple Gold’s (TSXV: MGM) 355-sq.-km Douay gold project in Quebec has expanded the 531 Zone target area and identified a new and undrilled target…
Alliance Magnesium to invest $145M in magnesium recycling plant
Alliance Magnesium, a private Canadian company focused on producing primary magnesium from serpentine mine tailings and secondary magnesium to make value-added products, has received enough funding for its commercial demonstration…
Canada Nickel reports initial assessment of Crawford project
Canada Nickel Company (TSXV: CNC) has announced initial results from a mineralogical assessment of its Crawford nickel-cobalt project, located 40 km north of Timmins, Ontario. The first phase of mineral…
Neo Lithium produces battery grade lithium in Argentina
Neo Lithium (TSXV: NLC) has produced battery grade lithium carbonate at its pilot plant in Fiambalá using concentrated brine from its wholly owned Tres Quebradas lithium project in Argentina. The…