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…
Gold
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…
Iamgold shares rise as Côté mine reaches nameplate
Iamgold’s (TSX: IMG; NYSE: IAG) Côté mine has officially achieved its nameplate capacity nearly 15 months after pouring its first gold, the company said Monday. Shares rose to a near…
Trafigura backs Euro Sun’s Rovina Valley with $200M financing deal
Euro Sun Mining (TSXV: ESM; US-OTC: ESMNF) has lined up a $200-million loan package, with backing from global commodities trader Trafigura, to help finance its Rovina Valley gold-copper project in…
Maritime expands Hammerdown gold as output nears
Canadian explorer Maritime Resources (TSX-V: MAE) said drilling at its Hammerdown project in Newfoundland and Labrador identified a new near-surface gold zone with “substantial” grades. The stock jumped. Hole HDGC-25-272…
Video: First Cariboo gold ‘between third base and home plate’, Osisko’s Roosen says
Osisko Development’s (TSXV, NYSE: ODV) $650 million (C$893 million) Cariboo gold project in British Columbia will soon begin pre-construction activities, co-founder and CEO Sean Roosen says. A May update on…
Lundin targets top-10 copper miner status
Canada’s Lundin Mining (TSX: LUN) has unveiled a strategic growth plan designed to catapult the company into the world’s top 10 copper producers. The Vancouver-based miner aims to reach annual…