Lundin Mining to buy Yamana’s Chapada mine in Brazil
Lundin Mining’s (TSX: LUN; NASDAQ: LUMI) proposed acquisition of Yamana Gold’s (TSX: YRI; NYSE: AUY) Chapada copper-gold mine in Brazil for US$800 million in cash will boost its copper production…
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Aztec says Cervantes a district-scale property after survey
Aztec Minerals (TSXV: AZT; US-OTC: AZZTF) recently flew a magnetic and radiometric survey over its Cervantes copper-gold project in Sonora, Mexico, that identified 11 porphyry targets. Follow-up work by the…
Cupric Canyon secures financing for Khoemacau in Botswana
A US$565-million funding package brings Cupric Canyon Capital one step closer to turning its Khoemacau project into a major copper and silver mine in northwestern Botswana. The private company has…
American Pacific signs JV with OceanaGold
In its fourth joint-venture deal in Nevada over the last six months, OceanaGold (TSX: OGC; ASX: OGC) will invest US$4 million for the next four years to earn a 51%…
Fission considers underground-only scenario at PLS
Fission Uranium (TSX: FCU; US-OTC: FCUUF) has tabled a prefeasibility study (PFS) for its Patterson Lake South uranium project in Saskatchewan’s Athabasca region, outlining an open pit and underground hybrid…
Newrange pushes ahead at Pamlico in Nevada
The U.S. Bureau of Land Management has approved Newrange Gold’s (TSXV: NRG; US-OTC: NRGOF) proposal to transfer the company permits for the Merritt decline, part of its 16.7 sq. km Pamlico…
BHP invests in Midland Exploration
BHP (NYSE: BHP) is investing in Midland Exploration (TSXV: MD) to support the junior’s copper exploration in northern Quebec, including its Mythril copper-gold-molybdenum-silver project in James Bay Eeyou Istchee. BHP…
Thor secures US$78M for Segilola in Nigeria
Thor Explorations (TSXV: THX) estimated in a definitive feasibility study two months ago that pre-production capital expense to build an open-pit mine at its Segilola gold project in Nigeria would…
MAS Gold revisits historic Saskatchewan projects
MAS Gold (TSXV: MAS) has completed a 3,500-metre drill program in Saskatchewan, targeting the Point gold prospect on its Preview Lake property and the North Lake gold prospect on its…
Miramont confirms mineralized system at Cerro Hermoso in Peru
Miramont Resources (CSE: MONT; US-OTC: MRRMF) cut significant mineralization during a 3,600-metre drill program at its Cerro Hermoso polymetallic project in Peru. The company tested Cerro Hermoso’s Central Breccia zone,…
Orocobre and Toyota Tsusho plan lithium plant in Japan
The boards of Orocobre (TSX: ORL; ASX: ORE) and Toyota Tsusho Corp. have given the green light to building the Naraha lithium hydroxide plant, which will be the first of…
The Northern Miner Podcast – episode 135: Canadian Mining Hall of Fame induction ceremony highlights
This episode features highlights from the Canadian Mining Hall of Fame’s 31st annual induction ceremony held in Toronto earlier this year. The 2019 inductees are discoverer Kate Carmack, geologist James…