Pure Gold suspends operations at troubled Red Lake mine, stock plunges to 2¢
Pure Gold Mining (TSXV: PGM; LSE: PUR) is placing its flagship PureGold mine in Red Lake, Ont., on care and maintenance, as the mine has yet to achieve the consistent…
News
Barrick to expand East African footprint following positive results at North Mara, Bulyanhulu mines
Barrick Gold’s (TSX: ABX; NYSE: GOLD) president and chief executive Mark Bristow announced on Saturday that the company plans to expand its East African footprint using the North Mara and…
SITE VISIT: New Pacific advances Bolivian silver project towards late 2022 PEA
Looking down into the deep ravine in the centre of New Pacific Metals’ (TSX: NUAG) Silver Sand project in central Bolivia, one does not have to be a geologist to…
Paladin Energy adds more offtake orders ahead of Langer Heinrich restart
Paladin Energy (ASX: PDN) has added another four provisional offtake agreements to its order book as it prepares to restart the Langer Heinrich uranium mine in Namibia by the first…
Orosur reports ‘substantial’ gold assays at Anzá project in Colombia
Orosur Mining (TSXV: OMI; AIM: OMI) says diamond drilling at its flagship Anzá gold project in Colombia returned “substantial” assays from the Pepas prospect. Drill hole PEP007 intersected 80.6 metres…
Pretium’s Bob Quartermain on respect, equality and ‘creating a good outcome’ for all
At the most recent Mining Legends Speaker Series event at the Fairmont Pacific Rim in Vancouver, industry veteran Bob Quartermain, recently inducted into the Canadian Mining Hall of Fame, walked…
Frontier Lithium raising $20M to fund PAK exploration
Frontier Lithium (TSXV: FL; US-OTC: LITOF) is raising $20 million with which to continue exploration of the PAK lithium project in northwestern Ontario — one of the largest and highest…
Omai doubles Guyana gold resource
Guyana-focused Omai Gold Mines (TSXV: OMG) has reported a near-doubling of the resource base after releasing a new resource estimate for its namesake gold project. The new resource update incorporates…
Biden hands out first EV battery metals funding to Albemarle, Piedmont and Talon among others
Albemarle (NYSE: ALB), Piedmont Lithium (NASDAQ: PLL) and Talon Metals (TSX: TLO) are among the companies marked for US$2.8 billion in Biden administration funding announced this week to help the…
Los Andes Copper on track to deliver Vizcachitas prefeasibility by year-end, says CEO
Los Andes Copper (TSXV: LA; US-OTCQX) is eager to restart drilling at the flagship Vizcachitas porphyry copper-molybdenum deposit in Chile while it works in parallel to publish a pre-feasibility study…
Nouveau Monde Graphite lands framework deal with Mitsui, Panasonic
Nouveau Monde Graphite (TSXV: NOU; NYSE: NMG) has entered into a framework agreement with Mitsui & Co. and Panasonic Energy establishing the terms of a commercial relationship that enables the…
Royalty firm Ecora plans transition to green metals despite lucrative coal contract
Ecora Resources (TSX: ECOR), a mining royalties company, is betting its shift to green-economy investing in projects by giants such as Vale (NYSE: VALE) and Rio Tinto (NYSE: RIO; LSE:…