Victoria Gold CEO says company won’t fold, contamination minor
Victoria Gold (TSXV: VGCX) says the danger of major contamination from its Eagle mine in the Yukon has passed and the company is financially solvent for now. CEO and president…
Canada
London lags in mining listings as rivals surge
The market capitalization of LSE-listed mining stocks has shrunk to $272bn from $322bn in 2018.
Video: Sandstorm Gold’s output set to double in five years, CEO says
Sandstorm Gold Royalties (TSX: SAND; NYSE: SAND) expects to double production to around 160,000 oz. gold yearly over the next five years, co-founder and CEO Nolan Watson said in an…
Rio Tinto open to major acquisitions to meet copper goals
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) said on Wednesday it would contemplate a significant copper acquisition if it added exceptional value, but noted that buying quality assets in…
BHP, Lundin grab Filo in US$3B South American copper deal
Mining giant BHP (NYSE: BHP; LSE: BHP; ASX: BHP) and Canada’s Lundin Mining (TSX: LUN) have teamed up to acquire South America-focused Filo Corp. (TSX: FIL), in a US$3-billion ($4.1…
Podcast: ‘Our people can’t trust the land’—Chief Dawna Hope on Victoria Gold’s ongoing heap leach pad failure
This week’s episode features Chief Dawna Hope of the First Nation of Na-Cho Nyäk Dun in conversation with host Adrian Pocobelli. Chief Hope discusses her experience dealing with the heap…
Video: Mining faces cash crunch following decades of neglect, Grosskopf says
Undervaluation remains a persistent issue for mining companies, particularly juniors, compared to other sectors like technology and biotech, SCP Resource Finance chairman Peter Grosskopf said in an interview this month….
Eldorado inks deal to earn 80% of Newfoundland project
Eldorado Gold (TSX: ELD; NYSE: EGO) has inked an option deal with TRU Precious Metals (TSX: TRU) to acquire a major stake in the junior’s Golden Rose gold-copper project, in…
Bedford Metals to start uranium exploration at Ubiquity Lake
Canadian junior Bedford Metals (TSXV: BFM) has secured an exploration permit for its Ubiquity Lake uranium project in northern Saskatchewan. The licence allows Bedford to start field activities to validate…
Integra secures cash flow with Florida Canyon merger
A $95 million deal that would see Integra Resources (TSXV: ITR) acquire Florida Canyon Gold (TSX-V: FCGV) gives it producer status and immediate revenue to fund its pipeline of development…
Fission deal key to Paladin Energy’s plan to help plug uranium supply gap
Just months after rejoining the uranium producers’ club with the March restart of its Langer Heinrich mine in Namibia, Paladin Energy (ASX: PDN; US-OTC: PALAF) has set its sights on…
Sayona, Piedmont mark improvements at NAL as lithium price slides further
Six months after Sayona Mining (ASX: SYA) and Piedmont Lithium (NASDAQ: PLL; ASX: PLL) announced a cost cutting review at their 75%-25% owned North American Lithium (NAL) mine in Quebec,…