FireFox Gold acquires property in Finland
Vancouver-based FireFox Gold (TSXV: FFOX) has acquired property covering 984 sq. km in the Kierinki Schist belt in northern Finland’s Lapland region. The company says the two blocks, collectively known…
2019
Commentary: Security measures critical amid heightened risk in West Africa
The following is a summary of conclusions coming out of the West Africa Mining Security Conference provided by the Australian High Commission in Accra and the Australia-Africa Minerals & Energy Group,…
Giyani Metals completes study on manganese project in Botswana
Giyani Metals (TSXV: EMM) has published a preliminary economic assessment (PEA) for its 88%-owned K.Hill manganese project in Botswana. The early-stage study forecast total production of 245,000 tonnes of high-purity,…
Fremont sells Gold Canyon interest to McEwen
Fremont Gold (TSXV: FRE) has signed an agreement to sell its rights and interest in the Gold Canyon gold project in Nevada to McEwen Mining (TSX: MUX) in exchange for…
Premier hits exploration hard at Mercedes
Premier Gold Mines (TSX: PG) is convinced it can add years to the mine life at its 2,000-tonne-per-day Mercedes gold-silver mine in Mexico’s Sonora state. “We’ve got about a four-…
Proposed Pala deal undervalues Cobalt 27: Anson Funds
In June, Cobalt 27 Capital’s (TSXV: KBLT) board agreed to a $501-million takeover offer from Pala Investments, which already owns 19% of the company. Cobalt 27 has a cobalt stream…
‘As goes mining, so goes the Yukon’: Government and corporate leaders on territory’s potential
With 11 of 13 First Nations reaching settlements on land claims and a new gold mine set to ramp up production, Yukon was the focus of discussion during the Territorial…
Armenian gov’t clears path for Lydian despite environmental concerns
Lydian International’s (TSX: LYD) Amulsar gold project in Armenia may have to go through a new environmental review — the fourth in the past year — after the country’s prime…
Kinross picks up Chulbatkan in US$283M deal
Kinross Gold (TSX: K; NYSE: KGC) is leveraging its expertise as a cold-climate, heap-leach operator with a 24-year operating history in Russia by acquiring N-Mining’s Chulbatkan project in Russia’s Far…
Rockridge reports first resource for Knife Lake in Saskatchewan
Rockridge Resources (TSX-V: ROCK) has completed the first resource estimate for its flagship Knife Lake project in Saskatchewan. The project has an indicated resource of 3.8 million tonnes grading 0.83%…
Top 10 US-based miners
The Northern Miner presents the top-10, U.S.-based mining companies by market capitalization. 1. Newmont Goldcorp Market cap: US$31.8 billion Newmont Goldcorp (NYSE: NEM) is a leading gold and copper producer…
Ecuador’s pro-mining stance tests country’s resolve
More than a decade since Ecuador opened its doors to mining, the Andean country is beginning to see the results. In July, production began at the country’s first large-scale mining…