New Found Gold advances Queensway project in Newfoundland
Earlier this year New Found Gold (TSXV: NFG; US-OTC: NFGFF) said it plans to double its 2021 drill program to 200,000 metres and eight rigs at its flagship Queensway project…
2021
Global Gold Exploration Snapshot: Eight companies on the move
With gold’s reputation as a store of value and recent gold-focused merger and acquisition activity, there is renewed investor interest in companies active in this exploration, development and production space….
Nexa invests in Tinka Resources
Nexa Resources (TSX: NEXA; NYSE: NEXA) – one of the largest zinc producers in the world – has acquired a 9% stake in Tinka Resources (TSXV: TK; US-OTC: TKRFF), which…
Mining profits reach US$230 billion a year, only topped by oil & gas, pharma
Mining companies adopted a more conservative approach after the 2015-16 market downturn to adjust to more volatile commodity prices, focusing on cost cutting, productivity and expanding liquidity says a new…
Auteco to take majority stake in Pickle Crow gold project
Encouraged by positive results from its exploration program at the Pickle Crow gold project in northern Ontario, Australian junior Auteco Minerals (ASX: AUT) is planning to take a 51% interest…
Exclusive iron-ore port could boost Vale expansion plan
Global production of iron ore products reached 2.2 billion tonnes in 2020 and is expected to reach 2.35 billion tonnes in 2021, according to Fastmarkets. Despite the Covid-19 pandemic, China…
Foran reports wide copper intervals from McIlvenna Bay
With a feasibility study underway for its McIlvenna Bay copper-zinc project in eastern Saskatchewan, developer Foran Mining (TSXV: FOM) has released assay results for two infill holes. The holes were…
BeMetals starts PEA on South Mountain project ahead of resource update
With an updated resource for its past-producing zinc-silver-gold-copper South Mountain project expected in April, BeMetals (TSXV: BMET) has also started a preliminary economic assessment (PEA), which is scheduled for completion…
Radisson hits 57.48 g/t gold at O’Brien project in Quebec
Radisson Mining Resources (TSXV: RDS; US-OTC: RMRDF) has encountered more high-grade mineralization during a resource expansion drill program at its O’Brien gold project in northwestern Quebec, about halfway between the…
Talent trends shaping the mining industry in 2021
The mining industry is going through a seismic shift as factors such as reputational challenges, resistance to embracing new technology, an increased focus on sustainability and a lack of diversity…
Surge updates resource for Berg deposit in B.C.
After acquiring the option to earn up to a 70% interest in the Berg property in central B.C. last December, Surge Copper (TSXV: SURG) has now updated a historic resource…
Odds ‘n’ Sods: Why permitting matters
Permitting is a necessary evil in the mining business; drill pads, roads, trenching, water extraction — some countries require permits for literally every step of the exploration process, and to…