Alrosa steps up efforts to brighten up fluorescent diamond sales
Alrosa, the world’s top diamond miner by volume, is betting on a new strategy to boost its sales amid an industry-wide slowdown that has hit small companies the hardest. The…
Fast News
Canada Nickel tables maiden Crawford resource
A day after its shares started trading on the TSX Venture Exchange, Canada Nickel Company (TSXV: CNC) released a maiden resource estimate for the wholly-owned Crawford nickel-cobalt sulphide project near…
Rockcliff updates Tower and Talbot resources
Rockcliff Metals (CSE: RCLF) has released resource updates for the Tower and Talbot volcanogenic massive sulphide (VMS) deposits within the Flin Flon-Snow Lake greenstone belt in Manitoba. At its wholly-owned…
AJN Resources yields to Barrick pressure, won’t buy into Kibali mine
AJN Resources (TSXV: AJN) has dropped plans to acquire 10% of the Kibali gold mine in the Democratic Republic of Congo from state-owned Société Minière de Kilo-Moto (SOKIMO), after facing…
AI pays off for Yamana, Goldspot at El Penon
GoldSpot Discoveries (TSXV: SPOT) issued a statement commending Yamana Gold (TSX: YRI; NYSE: AUY) for using machine learning technology to improve exploration targeting and contribute to meaningful increases in mineral…
Monarch discovers high-grade zone at McKenzie Break
The latest drill results from Monarch Gold’s (TSX: MQR) McKenzie Break gold property, 25 km north of Val d’Or, Que., suggest a new high-grade zone of gold mineralization to the…
Galway grows Clarence Stream in New Brunswick
Galway Metals (TSXV: GWM) has released drill results from its 605-sq.-km Clarence Stream gold project in New Brunswick, which narrows the gap between the Richard and Jubilee zones down to…
Excellon to acquire Otis in all-share deal
Silver producer Excellon Resources (TSX: EXN) has announced plans to acquire developer Otis Gold (TSXV: OOO) in an all-share deal worth an estimated $32.3 million, based on recent closing stock prices. Excellon’s main…
Canada no longer top mining investment destination, Fraser Institute says
For the first time in a decade, there are no Canadian jurisdictions in the Fraser Institute’s top 10 investment destinations, based on the 2019 annual survey of mining and exploration companies….
Corvus gets positive results at Mother Lode
Infill drilling at Corvus Gold’s (TSX: KOR) Mother Lode deposit has intercepted high-grade mineralization over a broad area. Highlights include 88.4 metres of 1.92 grams gold per tonne and 56.4 metres…
GoldMining to buy Almaden gold project in Idaho
GoldMining (TSX: GOLD; US-OTC: GLDLF) has agreed to buy the Almaden gold project in west-central Idaho from Sailfish Royalty Corp. for $1.2 million in cash and shares. Located 140 km…
Gold surges on coronavirus fears
Seven straight sessions of gains lifted the gold price to a fresh seven-year high, after renewed fears of the coronavirus sent investors scurrying to safe-haven assets. The gold price touched…