Klondex buys Rice Lake complex for US$32M
Klondex Mines (TSX: KDX; NYSE-MKT: KLDX) is buying the idled Rice Lake gold mine and mill near Bissett, Man., to complement its flagship operations in Nevada.
Gold
Blue sky for NGEx at Filo del Sol
NGEx Resources (TSX: NGQ; US-OTC: NGQRF) has bulked up the resource at its Filo del Sol silver-copper-gold deposit, located in Argentina’s San Juan province, and is taking a step back to evaluate how to expand the epithermal system’s…
Site Visit: Persistence pays off for INV Metals at Loma Larga
CUENCA, ECUADOR — Richard Spencer likes to think that there is a fine line between tenacity and stupidity in the exploration business.
Nordgold raises stake in Northquest
As Canadian mining companies look inward, licking their wounds from the prolonged rout in commodity markets, a Russian gold producer with nine operating mines and heaps of cash has exercised warrants above market price to take a majority stake…
SilverCrest Metals aims to repeat success in Mexico
VANCOUVER — The ink has now dried on a $154-million agreement that has seen First Majestic Silver (TSX: FR; NYSE: AG) snap up and merge with SilverCrest Mines and its Santa Elena silver-gold operation in Sonora, Mexico, but president and…
Major miners fuel a rising demand for streaming deals
VANCOUVER — As traditional forms of equity and debt finance become harder to obtain for mining companies, there’s been a rise in stream agreements, which offer miners access to cash for a percent of future by-product metal…
Pilot rediscovers a Carlin-style gold trend in Utah
It’s not every day that a junior exploration company takes a step outside the well-trodden Carlin and Cortez districts of Nevada to look for Carlin-style gold deposits, but Pilot Gold (TSX: PLG; US-OTC: PLGTF) is proving to be the…
Southern Arc shifts focus to Japan
In 2005, Southern Arc Minerals (TSXV: SA) became the first Canadian junior exploration company to return to Indonesia after the Asian financial crisis in 1997. The junior acquired two key projects: the West Lombok property on Southwest Lombok…
Premier Gold’s Downie sees ‘multiple opportunities’
Premier Gold Mines’ (TSX: PG; US-OTC: PIRGF) CEO Ewan Downie recently talked to The Northern Miner about the company’s decision to buy Pure Gold Mining’s (TSXV: PGM; US-OTC: LRTNF) land package so that it could expand its…
West Kirkland mulls options after landing Three Hills permit
VANCOUVER — West Kirkland Mining (TSXV: WKM; US-OTC: WKLDF) has come a long way over the past year at its Three Hills and Hasbrouck gold deposits in Nevada. And with a preliminary construction permit now in hand, it is ready to assess its…
Premier Gold expands Hasaga in Red Lake
Premier Gold Mines’ (TSX: PG; US-OTC: PIRGF) story has of a lot of moving parts that are “moving us in the right direction,” CEO Ewan Downie says in his company’s blog.
Interview: Krcmarov explains how Barrick nurtures its exploration culture
Richard Schodde, managing director of MinEx Consulting, investigated the investments and returns on exploration dollars spent in Canada, and presented his findings at this year’s Prospectors & Developers Association of Canada convention in…