Mayfair Gold adds to Fenn-Gib resource in Ontario
Mayfair Gold (TSXV: MFG; OTC: MFGCF) has increased the resource at its Fenn-Gib project located in the Timmins region of northeast Ontario. The new resource is based on assay results…
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Denison says Wheeler River test taps low-cost ISR to high-grade Athabasca uranium for first time
Denison Mines (TSX: DML; NYSE: DNN) says it has received positive test results from its in-situ uranium recovery process at the Wheeler River project in northern Saskatchewan’s Athabasca basin, which…
China’s Zijin to buy Rosebel from Iamgold for US$360M
Canada’s Iamgold (TSX IMG; NYSE: IAG) said on Tuesday it had agreed to sell its stake in the Rosebel gold mine in Suriname to Zijin Mining in a deal valued…
JV Article: Sprung Structures: High performance tension fabric alternatives to steel buildings for mining operations
Sprung Structures was founded in 1887 and evolved into a major manufacturer of high-performance tension fabric buildings for multiple industries. The company developed and patented the stressed membrane structure, an…
Troilus shifts to feasibility mode after high-grade Quebec discovery
North-central Quebec-focused Troilus Gold (TSX: TLG; US-OTCQX: CHXMF) has announced the discovery of a new higher-grade gold zone to the northern and southern extents of Zone 87 (Z87), the larger…
Barrick close to building US$7B copper project in Pakistan as 50%-owned asset
Barrick Gold (TSX: ABX; NYSE: GOLD) said on Monday it had achieved a significant legal milestone to proceed with the development of the giant Reko Diq copper-gold deposit in Pakistan,…
Uranium Energy’s Athabasca deals part of ‘unprecedented’ M&A wave in uranium, nuclear assets
Uranium Energy (NYSE: UEC) says it’s building a “critical mass” of uranium projects in northern Saskatchewan’s Athabasca basin, including the recent US$150-million purchase of Rio Tinto’s (ASX: RIO) Roughrider project. The…
Endeavour Mining starts building Lafigué gold mine in Côte d’Ivoire
Endeavour Mining (TSX, LSE: EDV) has kicked off construction at its 80%-owned Lafigué gold project in Côte d’Ivoire, which is expected to begin production in the third quarter of 2024….
Sherritt to recoup $362M of debt from Cuban partners through ‘cobalt swap’
Sherritt International (TSX: S) has entered agreements with its Cuban partners to settle $362 million of total outstanding receivables over five years, beginning Jan. 1, 2023. The agreements, known as…
Wesdome Gold falls after output drop, but analyst sees brighter future
Shares in Wesdome Gold Mines (TSX: WDO) shed nearly 11% of their value on Friday after the company reported production was down nearly a quarter from a year ago, while…
Regulus receives US$5M investment from Osisko Gold for AntaKori project
Regulus Resources (TSXV: REG; OTC: RGLSF) has secured a US$5 million investment from Osisko Gold Royalties in exchange for a net smelter return (NSR) ranging from 0.125% to 1.5% on certain claims…
Vale opens first phase of $945M copper complex expansion in Sudbury
Vale (NYSE: VALE), the world’s largest iron ore and nickel producer, has opened the first phase of a $945 million expansion at its Copper Cliff Complex South Mine in Sudbury,…