Sitka Gold nets $11.8M for Yukon exploration
Sitka Gold (TSXV: SIG) has closed an $11.8-million financing that it plans to spend on exploration at its RC project in west-central Yukon. Shares rose. The bought deal financing was led…
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Ivanhoe Electric lines up $825M loan for copper project
Ivanhoe Electric (TSX, NYSE: IE) said the United States export credit agency is interested in lending up to $825 million (C$1.15 billion) for the company’s Santa Cruz copper project in…
Gold price at ‘multiples of $3,000’ possible, Sprott says
As gold prices continue to rise, having hit a new record of $3,245.42 per oz. Monday, geopolitics and other factors could push yellow metal prices even higher, said Toronto-based asset…
Mali closes Barrick’s office over alleged taxes: Reuters
Authorities in Mali have shuttered Barrick Gold’s (NYSE: GOLD; TSX: ABX) office in the capital, Bamako, over what they claim is unpaid tax, Reuters reported, citing sources with knowledge of the…
Ascot targets August restart at Premier in BC
Ascot Resources (TSX: AOT; US-OTC: AOTVF) is targeting an August return to production for its Premier gold project in northwestern British Columbia following the completion of a $61.1-million financing to…
PDAC video: American Pacific aims to ride U.S. home-grown copper wave
Two American Pacific Mining (CSE: USGD; OTCQX: USGDF) projects in the U.S. may help meet Washington’s need for metal supply security, CEO Warwick Smith says. “Having this domestic supply is…
Fire shuts Kinross’ Tasiast mill in Mauritania
Kinross Gold (TSX: K; NYSE: KGC) has temporarily suspended mill operations at its Tasiast project in western Mauritania after a fire in the mill on Monday which has been extinguished,…
First Quantum buys into Prospect to spur Zambia copper
Canada’s First Quantum Minerals (TSX: FM) is acquiring a 15% stake in Prospect Resources (ASX: PSC), a battery and electrification metals developer based in Australia, as it deepens its presence…
Podcast: Pressure builds to reopen First Quantum’s Cobre Panama mine, ft MINING.com’s Frik Els
This week’s episode features MINING.COM Editor-at-Large Frik Els in conversation with host Adrian Pocobelli, diving into the latest developments at First Quantum Minerals’ Cobre Panama mine. Els shares insights from…
PDAC video: Seequent enables data control for miners with Evo launch, CEO says
Seequent has launched its cloud-based Evo platform to digitally connect geoscience data environments, CEO Graham Grant said in a video interview. Seequent built Evo to solve a problem its first…
Antofagasta to invest $200M in Cachorro copper project
Chilean miner Antofagasta (LSE: ANTO) has earmarked $200 million over seven years for a new exploration stage at its Cachorro copper project in the country’s north. The move follows the…
Osisko Metals’ Gaspé copper assays beat outlook
Osisko Metals (TSX: OM) said initial drilling results at its Gaspé copper project in eastern Quebec topped expectations. Shares jumped. All five holes drilled in the past three months intersected…