Wesdome Gold plans low-cost mine at Kiena
Wesdome Gold Mines (TSX: WDO) has released a preliminary economic assessment (PEA) for its wholly owned Kiena mine complex, 15 km northwest of Val-d’Or and 100 km east of Rouyn-Noranda…
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Marathon Gold a ‘takeover target’ says National Bank Financial
Marathon Gold (TSX: MOZ; US-OTC: MGDPF) has completed a bought deal financing raising $34.5 million that will be spent on permitting, development and exploration at its wholly owned Valentine gold…
Lithium prices to jump as pandemic hinders expansions, analyst says
Prices for lithium, one of the key ingredients for the batteries that power electric vehicles (EVs) and high tech devices, are expected to climb in two years, when shortages in…
Vale ordered to set aside US$1.5B for damages from tailings dam disaster
A judge in the Brazilian state of Minas Gerais has partially granted an injunction sought by prosecutors by ordering Vale (NYSE: VALE) to set aside 7.9 billion reais (US$1.5 billion)…
Lundin Gold to raise $50M in bought deal financing
BMO Capital Markets will buy 4.15 million common shares of Lundin Gold (TSX: LUG) at $12.05 per share in a bought deal financing that will raise $50 million for the…
‘It’s giving back’: Banyan Gold CEO Tara Christie on her lifelong roots in the Yukon
Banyan Gold (TSXV: BYN) president and CEO Tara Christie was juggling the impact of COVID-19 on the industry, and at the same time, began a new role. Like many parents…
The Northern Miner Podcast – episode 188: Golden Predator CEO Janet Lee-Sheriff on gold, community engagement and ESG
This episode features Golden Predator Mining CEO Janet Lee-Sheriff in conversation with Northern Miner group publisher Anthony Vaccaro at The Northern Miner Scotch Whisky Tasting event held on Zoom. Janet…
Gran Colombia terminates bid for Guyana Goldfields
Gran Colombia Gold (TSX: GCM; US-OTC: TPRFF) has walked away from its proposed acquisition of Guyana Goldfields (TSX: GUY; US-OTC: GUYFF) and terminated its plan of arrangement for a three-way…
New Century eyes Vale’s New Caledonia mine
Australia’s New Century Resources (ASX: NCZ) has confirmed rumours of talks with Vale (NYSE: VALE) to buy the Brazilian miner’s nickel and cobalt operations on the Pacific island of New…
AngloGold Ashanti confirms 196 COVID-19 cases at Mponeng in South Africa
AngloGold Ashanti (NYSE: AU) has temporarily closed its Mponeng mine in South Africa after 196 workers tested positive for COVID-19. The company has conducted 651 tests since the first COVID-19…
Northern Dynasty announces new plan at controversial Pebble project
Northern Dynasty Minerals (TSX: NDM) has welcomed a change of plan for its Pebble project in Alaska’s Bristol Bay region, which would now include an all land-based transportation route to…
Dominion Diamond unveils plan to avoid bankruptcy
Canada’s Dominion Diamond Mines has unveiled a transaction that would allow it to exit court protection from creditors and access short-term operating funds, which would pave the way to eventually…