G Mining discovers new gold deposit in Brazil
G Mining Ventures (TSX: GMIN) disclosed a new near-surface gold discovery at its Gurupi project in Brazil as it published strong drill results from its main Tocantinzinho property in the…
Fast News
Blackout at Hemlo gold mine to slow ramp-up
A temporary power outage at Hemlo Mining’s (TSX: HMMC) namesake operation in northern Ontario is curtailing underground work, slowing a planned increase in gold production. The stock plunged. No one…
Roosen’s Osisko greenlights Cariboo gold project in BC
Canadian developer Osisko Gold Group (TSXV, NYSE: OGG) is going ahead with construction of the $1.2-billion (US$841-million) Cariboo underground mine in central British Columbia, targeting a first gold pour in…
Talon drops plan to build North Dakota mill for Tamarack
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO)-backed developer Talon Metals (TSX: TLO; OTC: TLOFF) has dropped plans to build a mill in North Dakota to process ore from its…
EU scrutiny of Anglo-MMG nickel deal tests China stance
China-backed MMG (HKG: 1208) is urging European regulators to approve its $500-million (C$690 million) purchase of Anglo American’s (LSE: AAL) Brazilian nickel business in a case that could test how…
Osisko hits 4.7% copper beneath Gaspé workings
New drilling by Osisko Metals (TSX: OM; US-OTC: OMZNF) at its Gaspé Copper project in eastern Quebec has extended the past-producing mine’s footprint, demonstrating the potential for higher-grade mineralization near…
Troilus triples value to $3.2B, closes in on funding
A new study for Troilus Mining’s (TSX: TLG; US-OTC: CHXMF) namesake copper-gold project in Quebec has more than tripled the mine’s estimated value thanks to detailed engineering, an expanded reserve and…
Artemis drilling points to Blackwater resource growth
Artemis Gold’s (TSXV: ARTG; US-OTC: ARGTF) first two holes in a 25,000-metre expansion program at its Blackwater mine in British Columbia have encountered substantial mineralization beyond the current reserve, suggesting…
First Nations group pulls support for Seabridge’s KSM
Citing the need for improved consultation, a First Nations group has pulled its support for Seabridge Gold‘s (TSX: SEA, NYSE: SA) KSM mine in northwestern British Columbia. The Hereditary Chiefs…
Bunker Hill to buy Silver47 in $163M all-stock deal
Bunker Hill Mining (TSX: BNKR; US-OTC: BHLL) agreed to buy Silver47 Exploration (TSX-V: AGA; US-OTC: AAGA) in an all-stock deal valued at about $163 million (C$225 million) that will create…
Metals Exploration locks in $27M as La India first gold nears
Metals Exploration (AIM:MTL) has secured $27 million (C$38 million) in equipment financing as its La India gold project in Nicaragua closes in on first production by year-end. The company has…
Central Nevada Gold on mine hunt: CEO
Privately held developer Central Nevada Gold will look at acquiring other precious metals assets in the state after buying the past-producing Mule Canyon mine from Newmont (NYSE, ASX: NEM; TSX:…