South Africa’s unity rule may boost mining
South Africa’s new coalition government with a pro-business party could help the world’s leading platinum producer improve its troubled power and rail networks getting metal to market, analysts say. The…
Gold
Agnico PEA projects $1B capex to go underground at Detour Lake
Agnico Eagle Mines (TSX: AEM; NYSE: AEM) has posted a preliminary economic assessment (PEA) for underground development at its Detour Lake open pit gold mine, in northeastern Ontario that pegs…
Ramp Metals ‘thrilled’ with new high-grade gold find in Saskatchewan
Ramp Metals (TSXV: RAMP) shares rose 24% after it reported partial assay results from a new high-grade gold discovery in Saskatchewan. The first hole the company drilled at the project,…
Adventus, Salazar granted key permit for Ecuador copper-gold mine
Adventus Mining (TSXV: ADZN) and Salazar Resources (TSXV: SRL) have scored a win in Ecuador after the country’s environment ministry granted the partners a water use permit for their Curipamba-El…
Kenorland hits high-grade gold at Frotet in Quebec
Kenorland Minerals (TSXV: KLD; US-OTC: KLDCF) said high-grade gold assays from the winter drill program at its Frotet project in Quebec bode well for an initial resource. Highlights include hole…
Snowline Gold’s first resource shows large-scale, high-grade potential in Yukon
Snowline Gold’s (TSXV: SGD; US-OTC: SNWGF) Valley deposit dwarfs most other projects in grade and metal, according to the most anticipated initial resource for a Yukon asset in decades. Valley…
Bluestone stock folds as Guatemala challenges Cerro Blanco open-pit permit
The Toronto-quoted shares of Bluestone Resources (TSXV: BSR; US-OTC: BBSRF) lost 47% Monday after the Guatemala government said it would challenge a decision allowing the Cerro Blanco gold mine to…
Asante Gold to up production at Bibiani with new plant
Asante Gold (CSE: ASE; US-OTC: ASGOF) is getting closer to increasing gold production at its Bibiani mine in Ghana, as long-lead items for the sulphide recovery plant are anticipated to arrive by…
US Gold plans Q3 prefeasibility update for CK as permitting advances
U.S. Gold (NASDAQ: USAU) has hit the next permitting milestone to develop its CK project in Wyoming, which is expected to produce 108,500 oz. of gold equivalent annually over an…
Considering M&A? Here’s what to ask
A large copper miner in Chile only found it had been overpaying a royalty by a significant amount after three ownership deals and 20 years of operation, lawyer Greg McNab…
Mawson and Southern Cross getting back together
Mawson Gold (TSXV: MAW) and Southern Cross Gold (ASX: SXG) agreed to merge this week, creating a new dual ASX and TSXV-listed company named Southern Cross Gold after Mawson spun…
Snapshot: Eight companies advancing projects in BC, the Prairies and the Far North
Canada is one of the best-endowed countries on Earth when it comes to minerals and has the skilled workforce needed to extract them. Here’s a look at eight companies active…