New Mountain Province CEO has deep diamond roots
With more than 25 years’ experience in the diamond industry — including 19 with De Beers – Stuart Brown was looking for a new opportunity. He found it as the…
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BTU acquires more land near Red Lake
BTU Metals (TSXV: BTU) has expanded its Dixie Halo gold project in Red Lake, Ont., by acquiring Burgudy Exploration and its 41.6 sq. km of prospective land in the area….
Mirasol explores in Argentina, Chile
Mirasol Resources (TSXV: MRZ; US-OTC: MRZLF) is about to do something it doesn’t do often: drill one of its own projects. The Argentina- and Chile-focused precious metals project generator is…
Eight killed in attack on Foraco camp in Niger
Drilling company Foraco International (TSX: FAR) has reported that a terrorist attack at its camp in Toumour Village in Niger’s remote southeast has left 8 people dead and five wounded….
De Beers launches Lightbox
Scrolling through the website of Lightbox Jewelry soon after its launch in late September, three things jump out at you. First, the website declares its product is lab-grown diamonds. Second,…
Maverix Metals raises guidance for 2018
Precious metals streaming and royalty company Maverix Metals (TSXV: MMX) forecasts it will exceed its previously announced guidance for the year of 18,000 to 19,000 gold-equivalent ounces. In the third…
Star Diamond gets provincial go-ahead
Star Diamond (TSX: DIAM), formerly Shore Gold, has received approval for its Star-Orion South diamond project from Saskatchewan’s environment minister. The project is located near Fort à la Corne, in…
Delrey completes IPO, explores Sunset cobalt project in BC
Delrey Metals (CNSX: DLRY) has finished its $165,000 phase one exploration program at its Sunset cobalt-copper-zinc property in southwest British Columbia. In September 2018, the company took 708 soil samples…
Stornoway looks to be cash-flow positive in 2019
An ore shortage in the first half of the year and a challenging underground ramp-up at its Renard mine led Stornoway Diamond (TSX: SWY) to close a $129-million financing in…
Update: Marathon Gold hits more high-grade intercepts in Newfoundland
Infill drilling in the southwestern part of the Marathon deposit in Newfoundland continues to return high-grade gold intercepts, Marathon Gold (TSX: MOZ) reports. The company recently completed its 41,000-metre step-out…
Dunnedin drills pipe at Kahuna in Nunavut
In July, Dunnedin Ventures (TSXV: DVI) announced the discovery of a new kimberlite pipe on its Kahuna project in Nunavut. The KH10-11 pipe was tested with a rotary air-blast drill…
IDM expands Red Mountain program with third drill
IDM Mining (TSXV: IDM; US-OTC: IDMMF) has added a third underground drill at its Red Mountain underground gold-silver project, east of Stewart, British Columbia. The company has increased its drill…