Exclusive: Bristow eyes copper growth as Barrick invests in junior
Barrick Gold (TSX: ABX; NYSE: GOLD) is investing in junior Hercules Silver (TSXV: BIG) as part of a plan to find porphyry copper deposits, Barrick CEO Mark Bristow says. Of…
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TNM Drill Down: Hod Maden in Turkey tops results
Our TNM Drill Down features highlights of the top gold assays of the past week (Oct. 27 – Nov. 3). Drill holes are ranked by gold grade x width, as…
Newmont aims to sell US$2B in assets post-Newcrest
Newmont (NYSE: NEM) plans to raise US$2 billion in cash through mine sales and project divestments following the acquisition of Newcrest Mining. The approximately US$15 billion deal was completed on…
Volta inks exploration deals with two First Nations for Falcon West lithium project
Volta Metals (CSE: VLTA) has signed agreements with the Whitesand and the Animbiigoo Zaagi’igan Anishinaabek (AZA) First Nations outlining a co-operation framework for the second phase of exploration at its…
Taseko raises additional US$100M for Florence copper project
Taseko Mines (TSX: TKO; NYSE: TGB) has secured two additional financing deals together worth US$100 million for its Florence copper mine under construction south of Phoenix, Ariz. Tarus Mining Royalty…
Savannah Resources courts partners for Barroso lithium project in Portugal
London-based Savannah Resources (LSE-AIM: SAV) says it has received proposals from several companies to partner on its Barroso lithium project in northern Portugal. Interest in the project has picked up…
Credit rater Fitch upbeat on gold majors’ resilience amid hazy markets
Fitch Ratings of London has issued a stable credit outlook for global gold producers, citing their strong financial metrics and debt reduction despite higher inflation, interest rates and geopolitical risk….
Panama bans all future mining projects, sends First Quantum contract to court
Panama legislators approved a bill on Thursday that blocks all future mining concessions including exploration, extraction and transportation of minerals as well as contract renewals in the Central American country. The…
Argonaut Gold’s Magino is Canada’s newest producer despite soaring costs, delay
Argonaut Gold (TSX: AR) has achieved commercial production at its Magino mine in northern Ontario after construction costs almost doubled to nearly $1 billion and led to the ouster of…
Ascot shares up after it drills highest-grade gold intercept since 2015 at Big Missouri
Drilling at British Columbia-focused explorer Ascot Resources‘ (TSX: AOT; US-OTC: AOTVF) Big Missouri deposit has returned an assay grading 691.5 grams gold per tonne over 0.9 metre, the highest-grade intercept…
Monarch Mining stock plunges as Quebec fund may seize Beaufor mine
Monarch Mining (TSX: GBAR; OTCQB: GBARF) shares plummeted on Friday after a giant Quebec government fund recalled $10 million in loans. Investissement Québec, which finances some 1,600 economic projects of…
Northern Graphite resumes processing at North America’s only producing mine
Northern Graphite (TSX-V: NGC) has resumed processing ore at its Lac des Iles (LDI) mine in Quebec, North America’s only producing mine of the commodity, the company said on Friday….