Fast News

MegumaGold to merge with Osprey Gold

Canadian juniors MegumaGold (CSE: NSAU; US-OTC: NSAUF) and Osprey Gold Development (TSXV: OS; US-OTC: OSSPF), with projects in Nova Scotia’s largest historic bullion district, are merging their businesses to create…


Stacked gold bars produced by Toronto-based Barrick Gold. Credit: Barrick Gold

US Fed move sends gold soaring

The gold price surged on Monday after the U.S. Federal Reserve promised to pump “unlimited” amounts of money into the financial system, boosting the metal’s status as a store of…






Nevada Copper looks to strengthen balance sheet

As its Pumpkin Hollow underground mine ramps up to commercial production, Nevada Copper (TSX: NCU) has entered into non-binding arrangements for a balance sheet strengthening package. The company is working to reach binding…


Core racks at Nouveau Monde Graphite’s Matawinie project in Quebec. Credit: Nouveau Monde Graphite.

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…


Copper production facilities at Codelco's Chuquicamata copper mine in Chile. Source: Codelco

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…



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