Apollo Gold to acquire First Majestic properties
Apollo Gold (TSXV: APGO) has signed a letter of intent to acquire a group of properties in Jalisco state, Mexico, from First Majestic Silver (TSX: FR; NYSE: AG). The deal…
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Caldas Gold, Wheaton reach US$110M streaming deal
Caldas Gold (TSXV: CGC) has announced a US$110 million streaming transaction with Wheaton Precious Metals (TSX: WPM; NYSE: WPM) to expand operations at the Marmato project in Colombia. The proceeds…
Hudbay appeals court decision on Rosemont
Hudbay Minerals (TSX: HBM; NYSE: HBM) has filed its initial brief with the U.S. Court of Appeals regarding the decision made by the U.S. District Court for the District of…
Gold rises to eight-year high on ETF inflows
Gold prices continued to rally on June 22, heading toward the highest since February 2012, after massive inflows into gold-backed exchange-traded funds (ETFs) in the United States. Gold for delivery…
Silver Dollar options First Majestic’s La Joya project
Canadian junior Silver Dollar Resources (CNSX: SIL) plans to earn 80% of First Majestic Silver’s (TSX: FR; NYSE: AG) La Joya silver-copper-gold project, 75 km southeast of the city of…
ArcelorMittal considers sale of Canadian assets
ArcelorMittal (NYSE: MT), the world’s biggest steelmaker, is evaluating the potential sale of its infrastructure assets in Canada, where it has the largest and most profitable iron ore operation, as…
Gold X names Robert Friedland chairman
Gold X Mining (TSXV: GLDX) announced today that Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) founder Robert Friedland has joined the company’s board as non-executive chairman. Current chairman and chief executive…
Mining companies failing to account for impact on women: report
Despite an increasing focus on ESG, mining companies are failing to consider the disproportionate effects of mining on women and girls, says a report released today by independent research organization…
Great Bear discovers high-grade Arrow zone at Dixie
Drilling at Great Bear Resources’ (TSXV: GBR; US-OTC: GTBAF) 91-sq.-km Dixie property has intersected a new Red Lake-style gold-bearing zone – Arrow – 1 km west of the Hinge zone,…
Iamgold sees potential to extend Nelligan footprint
Drill results from Iamgold’s (TSX: IMG) 75%-owned Nelligan joint-venture project suggest potential for a western extension of the existing resource and confirm the data in the existing resource model. In…
GFG plans ‘aggressive’ exploration program at Pen gold project
After a successful initial drill program earlier this year at its Pen project, 40 km west of Timmins, and a $5.9-million financing closed in May, GFG Resources (TSXV: GFG) is…
Vale to resume operations at Voisey’s Bay
Vale (NYSE: VALE), the world’s top producer of nickel and iron ore, is fine-tuning details to reopen its Voisey’s Bay open pit nickel mine and concentrator in Canada, next month….