Newmont Goldcorp raises stake in GT Gold
Newmont Goldcorp (TSX: NGT; NYSE: NEM) is raising its stake in GT Gold (TSXV: GTT) from 9.9% to about 14.9% via an $8.3 million private placement. Currently, there are two…
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Turquoise Hill eyes legal clarity for Oyu Tolgoi expansion
In November, Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) reported that a lawsuit previously lodged by a Mongolian non-governmental organization (NGO) group was apparently upheld by the country’s Administrative Court….
Sun Metals advances Stardust
Sun Metals (TSXV: SUNM) has completed the final tranche of a $6.2-million bought-deal financing that will help it advance exploration at its wholly owned Stardust project, 250 km northwest of…
Tinka cuts high-grade zinc at Ayawilca in Peru
Vancouver-based Tinka Resources (TSXV: TK; US-OTC: TKRFF) has intersected several zones of high-grade zinc mineralization in the final hole of this year’s drill program at its wholly owned Ayawilca zinc…
Norilsk Nickel weighs capital investment and dividend strategy
Norilsk Nickel (US-OTC: NILSY) plans to boost spending on new projects over the next decade to increase production and capitalize on the growing electric car trend, but investors may need…
The Northern Miner Podcast – episode 162: Kirkland Lake Gold focused on profits over scale, ft CEO Tony Makuch
This episode features a fireside chat between Kirkland Lake Gold president and CEO Tony Makuch and Northern Miner group publisher Anthony Vaccaro at the Progressive Mine Forum in Toronto on…
Newmont Goldcorp to sell Red Lake to Evolution Mining
Australia’s Evolution Mining (ASX: EVN) has agreed to buy Newmont Goldcorp’s (TSX: NGT; NYSE: NEM) Red Lake complex in Ontario for US$375 million in cash and contingent payments of up…
Kirkland Lake to acquire Detour Gold in $4.9B deal
Kirkland Lake Gold’s (TSX: KL; NYSE: KL) proposed $4.9-billion all-share acquisition of Detour Gold (TSX: DGC) and its open-pit mine in northeastern Ontario will add 15.4 million oz. gold, or…
BHP boosts investment in SolGold
BHP Billiton (NYSE: BHP) is spending US$22 million to boost its stake in SolGold (TSX: SOLG; LON: SOLG) to 14.7% from 11.1%, making it one of the two largest shareholders…
Buried treasure: An overview of news from active diamond companies
An overview of the latest news from active diamond explorers, developers and miners in Canada, and Canadian-listed companies working abroad. Adia Resources This spring, Adia Resources completed an initial diamond…
Tres-Or drills Guigues kimberlite in Quebec
The Guigues kimberlite pipe in northern Quebec, 10 km from Notre- Dame-du-Nord, was discovered by De Beers in 1983. But despite its long history, it has never seen modern microdiamond…
Rio Tinto unveils new tech for bulk sample at Star
Rio Tinto (NYSE: RIO; LSE: RIO) has completed its 2019 bulk sampling program at Star Diamond’s (TSX: DIAM) Star-Orion South diamond project, 60 km east of Prince Albert, in central…