GFG Resources to drill high-grade gold targets at Pen
GFG Resources (TSXV: GFG; US-OTC: GFGSF) has begun this year’s second-phase, 8,500-metre drill program at the 475-sq.-km Pen project, 40 km west of the Timmins gold district in Ontario. The…
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Lithium Americas completes JV restructuring
Lithium Americas (TSX, NYSE: LAC) has completed its previously arranged transaction with partner Ganfeng Lithium on the ownership structure on the Caucharí-Olaroz lithium project under development in Jujuy, Argentina. As…
Saskatchewan gov’t commits to rare earths processing plant by 2022
Canada will have its first rare earth processing plant in operation by the end of 2022, as the province of Saskatchewan has committed $31 million to build a new facility…
SilverCrest acquires past-producing El Picacho silver-gold property
SilverCrest Metals (TSX: SIL) has acquired a 100% interest in the 71-sq.-km El Picacho property, located 40 km northeast of its flagship Las Chispas silver-gold development project in the state of Sonora,…
Danakali plans construction at large-scale potash project in Eritrea
Australia’s Danakali (ASX, LON: DNK) said it plans to spend the rest of the year raising funds to bring its Colluli potash project in Eritrea closer to construction. Reporting on…
Skeena Resources launches aggressive drill program at Eskay Creek
Skeena Resources (TSX: SKE; US-OTC: SKREF) plans to drill a combined 89,000 metres of exploration and infill drilling before the end of the year at its Eskay Creek gold-silver project…
Palladium One reports long, near-surface intercepts at LK in Finland
The first phase of drilling at Palladium One Mining’s (TSXV: PDM; US-OTC: NKORF) wholly owned Lantinen Koillismaa (LK) project in north-central Finland has returned long mineralized intervals, starting at shallow…
Golden Minerals drills high-grade gold at Rodeo in Mexico
Golden Minerals (TSX: AUMN; NYSE: AUMN) has released a second set of assays results from its Rodeo gold-silver project, 80 km west of its Velardena project in Mexico’s Durango state….
Gold price wobbles on renewed vaccine hopes
The rally in gold, which surged to a record high nearly two weeks ago, is beginning to lose steam with hopes for a coronavirus treatment and signs of improving economies…
Rio Tinto enters option deal for ALX’s nickel project in Saskatchewan
ALX Resources (TSXV: AL) has entered into an option agreement with Rio Tinto (NYSE: RIO; LSE: RIO) on its Falcon nickel project in northern Saskatchewan. Under the deal, Rio Tinto…
BHP to fund Midland nickel exploration in Quebec
Midland Exploration (TSXV: MD) says it has struck a new funding deal with a subsidiary of BHP (NYSE: BHP; LSE: BHP) for nickel exploration activities in northern Quebec. BHP’s unit,…
Mali coup delays sale of Iamgold’s Sadiola gold mine
Iamgold (TSX: IMG; NYSE: IAG) has delayed the sale of its Sadiola gold mine in Mali, a joint venture with South Africa’s AngloGold Ashanti (NYSE:AU), as the country reels from…