Centamin shares jump on potential Sukari mine extensions
Centamin (TSX: CEE; LSE: CEY) said on Thursday that exploration around its flagship Sukari gold mine in Egypt has allowed it to identify the potential for a satellite open pit…
Gold
Political changes boost risk for miners in Latin America
Demands for higher revenues from companies, tougher environmental rules and changes to laws have deepened risks across Latin America, index shows.
Marathon Gold boosts Newfoundland project mineral resource
Marathon Gold (TSX: MOZ) has increased the mineral resource estimates for its Valentine gold project in central Newfoundland, the largest undeveloped bullion project in Atlantic Canada. The Toronto-based miner said…
Granada Gold increases M+I resources in Quebec by 21%, inferred by 71%
Granada Gold Mine (TSXV: GGM; US-OTC: GBBFF) has updated the mineral resource estimate at its flagship Granada property, a past producer located adjacent to the Cadillac Break in the Abitibi…
Canada’s Top Ten base metals and uranium companies
The green energy revolution is driving unprecedented demand for sustainable sources of base metals and uranium which is increasingly seen as an acceptable form of baseload power generation. Here’s a…
Monarch Mining feeds first ore to Beacon mill in Quebec
In an update on the recommissioning of its wholly owned Beaufor mine and Beacon mill, Monarch Mining (TSX: GBAR; OTC: GBARF) said it has begun feeding ore to the mill and expects…
Hecla Mining acquires Yukon miner Alexco Resource in all-share deal
American silver producer Hecla Mining (NYSE: HL) has agreed to acquire all shares of Canadian Alexco Resource (TSX: AXU: NYSE-AM: AXU) it doesn’t already own, in a deal that values the target’s…
S&P/TSX Venture Composite Index tumbles more than 5% in June 27-July 1 trading week
Over the June 27 to July 1 trading week, the S&P/TSX Venture Composite Index fell 35.1 points or 5.38%, to end at 617.26. Among the top gainers in terms of…
Canada’s Top Ten miners by market cap
Canada contains vast mineral resources and is considered a tier one mining jurisdiction with a skilled workforce and robust regulatory environment. Canadian mining companies are leaders in the exploration and…
Montage Gold raises $20 million to acquire Mankono-Sissedougou JV
West Africa-focused gold explorer Montage Gold (TSXV: MAU) has closed a financing of approximately $20 million to fund its acquisition and subsequent development of the Mankono-Sissédougou joint venture project in…
Osisko Development posts first resource for San Antonio gold project in Mexico
Osisko Development (TSXV: ODV; NYSE: ODV) has provided an initial open-pit resource estimate for the Sapuchi, Golfo de Oro, California, High Life and Calvario deposits at its San Antonio project…
Video: How mining could get to net zero before 2050 – ESG panel
The mining world has quickly embraced environmental, social and governance (ESG) principles and more companies are seeing the need to meet those priorities, even on the level of investment, said…