New Found Gold raising $56M to advance Queensway project
New Found Gold (TSXV: NFG; NYSEA: NFGC) is raising $56 million to continue exploration and drilling at its Queensway high-grade gold project 15 km west of Gander, N.L. The property…
News
Vale and Ero Copper to jointly develop project in Brazil’s Pará state
Ero Copper (TSX: ERO, NYSE: ERO) announced on Monday it has entered into a binding term sheet with Salobo Metais S.A, part of the Vale Base Metals business (VBM) to advance…
JV Video: Power Nickel readies Nisk project resource
Power Nickel (TSXV: PNPN; US-OTC: CMETF) CEO Terry Lynch says the company will update a historical resource estimate within weeks at the Nisk project in Quebec. It may show the…
BHP to inject $4.9B in Jansen to double potash output
BHP (ASX: BHP) will invest US$4.9 billion in stage two of its giant Jansen potash project in Canada, as it aims to double capacity by the end of the decade….
Marathon Gold shares rise as its proposed Berry pit expansion passes provincial EA process
Marathon Gold (TSX: MOZ) shares edged higher on Monday following a positive development on the company’s plans to expand its flagship Valentine project located in Newfoundland and Labrador by including…
Hecla invests $10M in Dolly Varden Silver, ups share to 15%-plus
Dolly Varden Silver (TSXV:DV; US-OTC:DOLLF) will receive a $10-million strategic investment from Hecla Mining (NYSE: HL), with Hecla agreeing to subscribe for around 15.4 million Dolly Varden shares issued at a…
Fortuna Silver wins another court decision in Mexico, has San Jose EIA reinstated
Fortuna Silver Mines (TSX: FVI; NYSE: FSM) has had the 12-year environmental impact authorization (EIA) for its San Jose mine reinstated after Mexico’s federal court ruled in favour of the company…
Appian invests in US graphite-focused firm Urbix as China export curbs loom
U.K.-based private equity fund Appian Capital Advisory is investing in Urbix, a U.S.-based developer of graphite processing technology, and has inked a deal to develop a commercial-scale downstream processing facility….
Panama to hold referendum on First Quantum contract, halts new projects
Panama will hold a referendum in December to decide the fate of Canada’s First Quantum Minerals (TSX: FM) Cobre Panama copper mine, and has also announced a halt on new…
Panama protesters break into port used by First Quantum Minerals
On the sixth day of protests against the recent approval of the mining concession for the Cobre Panamá copper mine, activists broke into the Punta Rincón International Port, in the…
A guide to DLE, the technology that could transform lithium mining
Brine lithium mining is at a crossroads. Traditionally, it’s used evaporation ponds which can take months or years to produce the battery metal. Now, more and more brine projects are…
Agnico operating permit restored for Kittila mine in Finland
Canadian gold miner Agnico Eagle (TSX: AEM; NYSE: AEM) confirmed on Friday that its operating permit for the Kittila mine in Finland remains valid despite appeals for reconsideration, and, as…