Site visit: Sitka Gold drills to expand RC gold project as Snowline steals Yukon limelight
Cor Coe might be the Maytag repairman of mining. He’s sure he’s got a good product but no one’s calling. The CEO of Sitka Gold (CSE: SIG) is sitting on…
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TNM Drill Down: Heliostar Metals tops week’s assays at Ana Paula in Mexico
Our TNM Drill Down features highlights of the top gold assays from July 14-21. Drill holes are ranked by gold grade x width, as identified by our data provider Mining…
Los Andes Copper signs US$20M royalty deal with Ecora Resources
Vancouver’s Los Andes Copper (TSXV: LA; US-OTC: LSANF) has signed a US$20-million royalty agreement with Ecora Resources (TSX: ECOR). The royalty includes a 0.25% net smelter royalty (NSR) on sales…
Electra expands LG cobalt supply deal with delayed start date
Electra Battery Materials (TSXV: ELBM; NASDAQ: ELBM) has enhanced its battery-grade cobalt supply agreement with LG Energy Solution, a leading global manufacturer of lithium-ion batteries, from terms initially announced in…
South32 takes US$1.3B charge on Arizona project
Australia’s South32 (ASX: S32; LSE: S32) announced on Monday a US$1.3 billion ($1.7 billion) non-cash impairment expense on its Hermosa zinc-lead-silver project in southern Arizona, which will be reflected in…
Colombia takes aim at ‘mining disorder’ with proposal limiting activity in vulnerable ecosystems
Colombia’s government made public a draft decree aimed at setting new criteria for establishing temporary natural reserves within the context of mining and environmental regulations. The decree, which can be…
Slowing global trade will make fighting climate change harder, says BHP exec
Mega-miner BHP takes a longer view than most. The Melbourne-based company, with copper, iron ore, coal and nickel mines in Australia and South America, looks at broad global trends that…
Bolivia looks to mineral wealth as gas era fades
Once hailed for its growth, Bolivia is facing an economic reckoning. The huge gas reserves on which the country has prospered for the last two decades are dwindling. Years of…
NGEx Minerals more than doubles private placement to $85M
Due to strong demand, NGEx Minerals (TSXV: NGEX) has opted to more than double its private placement financing from $40 million to $85 million, issuing approximately 13 million common shares…
Excellon Resources’ shares drop after failed bid to acquire La Negra silver mine
Excellon Resources’ (TSX: EXN; NYSE: EXN) shares plummeted following the news that its $50-million planned acquisition of the past-producing La Negra silver mine in Mexico, announced in January, has fallen…
Austral Gold begins commissioning of Chilean heap reprocessing project
Austral Gold (TSXV: AGLD; ASX: AGD) has started commissioning its heap reprocessing project at the Guanaco-Amancaya mine complex in Antofagasta, Chile, with production is expected later this month. For the…
Orea shares surge on revised deal for Nordgold’s stake in French Guiana project
Orea Mining (TSX: OREA; OTC: OREAF) has signed a revised agreement to acquire Nordgold’s 55.01% interest in the Montagne d’Or gold project in French Guiana, the company said on Thursday. …