Cascadia Minerals soars on fund manager financing
Cascadia Minerals’ (TSXV: CAM) shares soared on Monday after the junior miner announced a $3.2 million private placement led by Michael Gentile, who plans to raise his stake to 9.99%…
Canada
TNM Drill Down: Red 5 hits triple-digit gold at Darlot
Our TNM Drill Down features highlights of the best gold assays of the May 24-31 period. Drill holes are ranked by gold grade x width as identified by data company Mining…
Denison plans PEA for Midwest uranium project after in-situ recovery field tests
Denison Mines (TSX: DML; NYSE: DNN) says it has completed the inaugural in-situ recovery (ISR) field test program at its Midwest joint venture project in northern Saskatchewan and plans to…
International Battery Metals appoints new CEO as director buys hefty stake
Shares in Houston-based direct lithium extraction (DLE) company International Battery Metals (CSE: IBAT; US-OTC: IBATF) jumped 20% on Monday after the company announced a new CEO and that a board…
MacDonald Mines pulls assays linked to former CEO Yarie, echoing Red Pine
Another Canadian gold junior who had Quentin Yarie as a former CEO is withdrawing its assays on a project because of inconsistencies. MacDonald Mines Exploration (TSX-V: BMK; US-OTC: MCDMF) said…
Editorial: Mining’s EV halo dims
It wasn’t supposed to be this way. Mining’s association with planet-saving electric vehicles (EVs) was supposed to make mining, if not cool, at least more acceptable. Maybe even virtuous. But…
Opinion: Ring of Fire road must start ASAP
The Ring of Fire camp is the most important mining discovery in Canadian history for its strategic minerals including nickel, copper, platinum group metals, chromite and titanium. It even exceeds…
New Gold reports cores among best yet at New Afton as it hikes ownership
New Gold’s (TSX: NGD; NYSE: NGD) exploration drilling at the New Afton copper-gold mine in British Columbia has produced among the best intersections yet as the company looks to extend…
Silver Lake shareholders approve merger with Red 5
The A$2.2-billion ($1.5bn) deal creates Australia’s fifth largest gold producer.
Hecla’s Yukon unit fined $100,000 for chemical risks
Hecla Mining‘s (NYSE:HL) Yukon-based subsidiary has been hit with a $100,000 fine for overlooking certain environmental risks at its large silver mine situated 350 km north of Whitehorse, according to…
Southern Cross Gold more than doubles Sunday Creek drill program
Australia’s Southern Cross Gold (ASX: SXG) has reported 38 intersections with grades higher than 100 grams per tonne gold-equivalent over a metre’s width at its Sunday Creek project in Victoria,…
Wyloo to build $900M battery material plant in Sudbury
Wyloo Metals, the privately held resources unit of Australia iron ore baron Andrew Forrest, says it plans to build a battery materials plant in northern Ontario that may cost around…