Asante Gold raises US$100M from mystery investor to grow Ghana mines
Asante Gold (CSE: ASE) has secured US$100 million ($136 million) through the sale of shares to a strategic investor, which it will use to fund growth and development at its…
Canada
Miners prefer Canada to overseas: KPMG
Canada’s increased government funding and protectionism are boosting outlooks compared with rising geopolitical risks in foreign countries, according to a new KPMG survey of industry executives. Nearly 80% of mining…
Fire shuts part of Teck’s BC zinc plant
Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK) has shut down part of the electrolytic zinc plant at its Trail Operations in British Columbia following what it calls a “localized fire”…
Gatos Silver boosts output at key mine ahead of First Majestic merger
Canadian explorer and developer Gatos Silver (TSX: GATO; NYSE: GATO), which is being bought by First Majestic Silver (TSX: AG; NYSE: AG), has extended the life of its flagship Cerro…
Quebec to become ‘anchor’ for Gold Fields diversification strategy, CEO says
Gold Fields‘ (NYSE: GFI; JSE: GFI) $2.2-billion Osisko Mining (TSX: OSK) buy, set to close before year-end, will help balance the South African company’s aging assets in Ghana and Peru,…
How mining figures in the BC election
The NDP and Conservative parties vying to govern British Columbia agree critical minerals projects need to be fast-tracked through permit stages. This week they released their platforms on mining. Premier…
Video: Gold rally leaves hesitant Western investors in the dust, fund manager says
Most Western investors have missed the record gold rally, remaining hesitant while waiting for a price correction that may never come, Liechtenstein-based gold fund manager Ronald-Peter Stöferle says in a…
Rio Tinto offers early termination to Diavik diamond workers in Northwest Territories: report
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) is offering early termination for employees at its Diavik diamond mine, Canada’s largest gem producer, as part of cost savings ahead of…
Drill hits deepen deposit size at Renegade Gold’s Newman Todd in Red Lake
Recent drill results from Renegade Gold (TSXV: RAGE; US-OTC: TGLDF) increases mineralization at its Newman Todd deposit in northwestern Ontario, building on previous high-grade results this month showing mineralization goes…
YMP celebrates 2024 Eira Thomas and Peter Munk award winners
Scott Berdahl a Yukon-based geologist with a lifetime of experience prospecting in the bush and Ella Cullen, a New Zealander now living in Portugal who co-founded a business focused on…
Denison deal shows slumping battery metals benefiting uranium sector
Foremost Lithium Resource & Technology (CSE: FAT; NASDAQ: FMST), a junior with early-stage projects in Quebec and Manitoba, is pivoting into uranium through a cash and shares earn-in deal with Denison…
Video: Gold miners face skepticism, even as metal price rises, Denver Gold exec says
Gold at all-time highs has pushed up miners’ margins, but companies are opting for restraint and avoiding the temptations of past bull cycles, Denver Gold Group executive director Tim Wood…