Radisson sees 74% IRR for O’Brien at spot gold price
Radisson Mining Resources (TSX-V: RDS, US-OTC: RMRDF) says a preliminary economic assessment for the former O’Brien gold mine in Quebec’s Abitibi region outlines a high-value project – as long as…
IAMGOLD Corporation
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…
NexGold, Signal Gold merger aims to create 200,000 oz per year producer
NexGold Mining (TSXV: NEXG; US-OTC: NXGCF) and Signal Gold (TSX: SGNL; US-OTC: SGNLF) have agreed to merge and create a new Canadian gold developer with a combined resource base of…
Iamgold closer to buying back 9.7% stake in Côté gold mine
Iamgold (TSX: IMG; NYSE: IAG) is a step closer to buying back the 9.7% interest in its Côté gold mine in Ontario from Sumitomo Metal Mining, after issuing a 60-day…
Iamgold soars on Q2 production, cost beat
Iamgold (TSX: IMG; NYSE: IAG) reported strong results for the second quarter of 2024, surpassing its production and cost targets, and lifting its stock price as much as 17% on…
Ontario’s newest gold mine, Côté, to start production next month, Iamgold says
Iamgold‘s (TSX: IMG; NYSE: IAG) 60%-owned Côté gold mine, in Sudbury, Ont., is set to enter production in March, the company said on Thursday. The project entered 2023 with construction about 64%…
Iamgold moves to buy rest of royalty company Euro Ressources
Iamgold (TSX: IMG; NYSE: IAG) plans to pay about US$23 million for the shares it doesn’t already owns in French precious metals royalties company Euro Ressources. The draft offer, filed…
Abcourt plans low-cost, rapid rousing of Sleeping Giant gold mine in Quebec
Abcourt Mines (TSXV: ABI) says it can revive the Sleeping Giant gold mine in Quebec after about $40 million in capital costs, pleasing analysts. The former underground mine in…
Probe Gold’s Novador may hold 6M oz., Quebec project’s assays indicate
Probe Gold’s (TSXV: PRB) latest assays from its Novador gold project in Quebec’s Abitibi region lengthen the strike, likely increase the resource and make it an acquisition target. Toronto-based Probe’s…
How to finance early-stage mining projects
Early-stage mining projects should keep financing simple to avoid later entanglements, experts told a conference in New York this month. Raising capital through share issues is the easiest path…
RANKED: Top 10 longest-life precious metals mines under construction
Precious metals, long treasured for their lustre, beauty, stability and value, have diverse applications ranging from industrial and automotive to jewelry and investing. Demand for key precious metals, encompassing gold,…
Denarius resource supports restart of 230-year-old Colombian gold mine
Denarius Metals’ (TSXV: DSLV; OTCQB: DNRSF) first resource estimate for its Zancudo project to revive an 18th century gold mine in Colombia confirms its high-grade potential. The Toronto-based company plans…