Yukon juniors Rackla, White Gold, Strategic Metals vie for investor support
Dawson City, Yukon – This is the final article on companies active in the Yukon following a week of site visits and interviews last month. There were pieces on Granite…
Canada
Miners in NWT hunker down as emergency-level wildfires approach Yellowknife
Miners and explorers are scaling back or modifying operations in the Northwest Territories as severe wildfires prompted the government to declare a territory-wide state of emergency on Tuesday.An evacuation order…
Granite Creek seeks copper major for merger with mothballed Minto mine in Yukon
Granite Creek Copper (TSX-V: GCX; US-OTC: GCXXF), part of the Metallic Minerals Group, wants to attract a major company to consolidate a Yukon area into a local copper giant. Granite’s…
Snowline Gold raises $15M for Yukon gold projects
Snowline Gold (TSXV: SGD; US-OTC: SNWGF) will raise $15 million in an agreement with Cormark Securities to purchase 2 million flow-through shares of the company at $7.50 per share. The money…
Drilling at Probe Gold’s Monique project returns grades of up to 10 grams per tonne
Probe Gold (TSX: PRB; US-OTC: PROBF) says results from 37 drill holes, totaling 10,772 meters, have returned significant gold intercepts from surface to 425 meters vertical depth at the Monique…
Lucara Diamond to replace CEO Eira Thomas
Lucara Diamond (TSX: LUC) announced Monday the company will appoint William Lamb as president and chief executive officer and a director, replacing Eira Thomas. Thomas co-founded Lucara in 2007, with…
New Found Gold explores use of Maritime’s processing facility for early production
New Found Gold (TSXV: NFG; NYSE-A: NFGC) is considering taking its Queensway project in Newfoundland and Labrador into early production using the nearby gold processing facility held by Maritime Resources…
TNM Drill Down: Red 5’s King of the Hills produces best width x grade value yet
Our TNM Drill Down features highlights of the top gold assays from Aug. 4-11. Drill holes are ranked by gold grade x width, as identified by our data provider Mining Intelligence. …
TSXV edges lower during shortened Aug. 8-11 trading week
The S&P/TSX Venture Composite Index retreated by 0.52 point or 0.08% over the shortened Aug. 8-11 trading session to end at 607.14. Leading in terms of value gainers was Arbor…
TSX wrap for week of August 8: Base metals drop as Franco-Nevada prints cash
Over the shortened Aug. 8-11 trading week, the S&P/TSX Composite Index gained 171.53 or 0.8% to 20,407.57. The S&P/TSX Global Mining Index lost 1.02 points or 0.94% to 107.27, and…
The Metals Company stock surges on US$27M capital raise
The Metals Company (NASDAQ: TMC), an explorer of lower-impact battery metals from seafloor polymetallic nodules, has announced a registered direct offering that would see the company raise gross proceeds of…
Commentary: Like Frodo, we should embrace our enemy’s enemy
Professor J.R.R. Tolkien died 50 years ago, and we can learn from his hero in Lord of the Rings, Frodo Baggins, who made an expedient choice for his guide into…