Agnico buys Quebec gold junior stake for $57M
Agnico Eagle Mines (TSX, NYSE: AEM) is investing $57.2 million (US$41.4 million) in Radisson Mining Resources (TSXV: RDS; US-OTC: RMRDF) to help revive one of the Abitibi region’s highest grade…
Stock Markets/Investing
Greenland Mines gets exploration license for Sarfartoq rare earths project
Greenland Mines’ (Nasdaq: GRML) Sarfartoq rare earths project has received its exploration licence. The stock rose. The government approval granted Friday satisfies one of the key regulatory closing conditions for…
Artemis drilling points to Blackwater resource growth
Artemis Gold’s (TSXV: ARTG; US-OTC: ARGTF) first two holes in a 25,000-metre expansion program at its Blackwater mine in British Columbia have encountered substantial mineralization beyond the current reserve, suggesting…
Central Nevada Gold on mine hunt: CEO
Privately held developer Central Nevada Gold will look at acquiring other precious metals assets in the state after buying the past-producing Mule Canyon mine from Newmont (NYSE, ASX: NEM; TSX:…
Lassonde-backed Cadillac Mines drilling points to more Ontario gold
Canadian developer Cadillac Mines (TSX: CADY) says new drilling at its past-producing Kerr-Addison property in Ontario could open the door to a larger open-pit gold resource. The stock rose. Standout…
Gold Fields puts $77M in Suriname-focused Founders
Gold Fields (NYSE, JSE: GFI), one of the world’s largest gold miners, is investing another $77 million (US$55.7 million) to raise its stake in Suriname explorer Founders Metals (TSXV: FDR;…
Onyx hits 13g gold at Munro-Croesus in Ontario
Onyx Gold (TSXV: ONYX) reported one of its highest-grade intervals yet at the Munro-Croesus project in northern Ontario as the Canadian developer works to outline a broad gold system. The…
BHP’s new boss favours new builds over M&A
BHP (ASX, NYSE, LSE: BHP) CEO Brandon Craig is prioritizing copper expansions over acquisitions, brushing aside speculation the mining giant could pursue uranium developer NexGen Energy (TSX: NXE) as lofty…
Ottawa scrutinizes China’s $175M Lithium Chile deal
Canadian junior Lithium Chile (TSX-V: LITH) and China Union Holdings (SZSE: 000036) face a potential national security review of their $175-million (C$243-million) Argentum Lithium transaction after Canadian officials raised concerns…
Arizona Eagle buys three-past producing silver mines
Arizona Eagle Mining (TSXV: AZEM; US-OTC: AZEMF) said it’s acquired about 251,000 sq. metres of land hosting three past-producing high-grade silver mines in Yavapai County, Arizona. The newly acquired properties…
AngloGold Ashanti in $58.5M deal to double Thesis stake
AngloGold Ashanti (NYSE: AU) is investing $58.5 million (US$42 million) to double its stake in Thesis Gold & Silver (TSXV: TAU; US-OTC: THSGF) and help the Vancouver-based developer advance the…
American Rare Earths, Novex to boost US output
American Rare Earths (ASX: ARR) and metallurgy firm Novex plan to develop U.S. rare earth metal production using feedstock from the Halleck Creek project in Wyoming, said to be the…