Receiver to sell disaster-hit Eagle mine
One year after the Eagle mine in Yukon suffered a catastrophic landslide, the company overseeing Victoria Gold’s former site is looking to sell the mine as the cleanup effort proceeds. …
Gold
BC’s Golden Triangle taps gov’t investment, new rules
British Columbia’s Golden Triangle, despite its remoteness and rough terrain, is thriving thanks to a mining revival, attracting both exploration minnows and major miners. The prospective region is about 500…
Snowline Gold posts strong economics in first PEA
Snowline Gold (TSXV: SGD; OTCQB: SNWGF) says a preliminary economic assessment (PEA) for its Valley deposit at the Rogue project in Yukon shows robust economics for what could become a…
Ascot again delays Premier gold mine restart
Ascot Resources (TSX: AOT; US-OTC: AOTVF) is placing its main Premier gold project in British Columbia, which has been delayed several times, on care and maintenance after talks broke down…
Juniors chase ounces, cash flow
Juniors must deliver resource growth, production gains and technological edge to capture capital, according to participants at this month’s Mining Investment Event of the North in Quebec City. The Northern…
West Red Lake Gold resumes Madsen after death
West Red Lake Gold Mines (TSXV: WRLG) has resumed operations at its Madsen Mine in Red Lake, Ont., following a two-day pause triggered by a fatal incident. Operations were suspended on…
Zenith grows Dulcie gold project resource by 41%
Zenith Minerals (ASX: ZNC) says contained gold at its Dulcie Far North (DFN) project in Western Australia jumped 41% compared with the previous resource in December. The resource — all…
Silver X secures $2M from Trafigura to support Peru copper expansion
Silver X Mining (TSXV: AGX; US-OTC: AGXPF) has secured a $2-million loan from commodities trading giant Trafigura to support the expanded production of copper from its Nueva Recuperada project in…
BofA sees $4,000 gold price on US debt, not war
Analysts at Bank of America see gold prices reaching $4,000 an oz. — an 18% jump above current levels — within the next year due to a ballooning U.S. fiscal…
Barrick office in Mali reopens amid tax standoff
Malian tax officials have unlocked Barrick Mining’s (TSX: ABX; NYSE: B) Bamako headquarters, nearly two months after sealing the doors over an alleged multimillion-dollar tax shortfall, Reuters reported on Monday….
From Canadian Malartic to Cariboo, Roosen builds a $14B mining legacy
Sean Roosen doesn’t mince words when he says Canada needs to “stick to the family business.” The celebrated mining executive calls for a return to what he sees as the…
Vizsla raising US$100M to develop Panuco project
Canadian miner Vizsla Silver (TSX, NYSE: VZLA) is raising about US$100 million ($138 million) to advance the exploration, drilling and development of its flagship Panuco project in western Mexico. The…