Silver X raises C$69M in private placement
Silver X Mining (TSXV: AGX) has closed a convertible debenture financing of C$69 million to support its projects based in Peru. Under a brokered private placement, the Canadian silver miner…
Canada
Lucara finds rare blue diamond in Botswana
Canada’s Lucara Diamond (TSX: LUC) has recovered a high-quality 36.92-carat blue diamond from stockpiled ore at its Karowe mine in Botswana. The Type IIb stone was recovered using X-ray transmission…
PDAC Video: Gold price reset preps ‘Mother of all junior bull markets’
John Kaiser says junior resource stocks face their best setup in more than a decade as gold resets higher and the West scrambles to secure supplies of critical minerals. A…
Sponsored Video at PDAC: Sun Peak builds Saudi ground ahead of maiden drilling
Sun Peak Metals (TSXV: PEAK; US-OTC: SUNPF) plans to drill its Halahila and Safra projects in Saudi Arabia in next quarter as it builds a 15-licence land package across the…
Teck’s undisclosed royalty worth billions on Barrick’s Fourmile could stymie IPO
Teck Resources (TSX: TECK.A/TECK.B; NYSE: TECK) holds a royalty on Barrick Mining’s (TSX: ABX; NYSE: B) Fourmile gold project in Nevada that could generate billions of dollars and impact the valuation…
War-driven LNG squeeze revives thermal coal: analyst
Thermal coal could climb 46% per tonne if the Iran War disrupts liquefied natural gas producers for another month or two, reopening a profit window for major Australian coal miners. The…
Newcore Gold lifts Enchi’s resource by 24% in Ghana
Canadian developer Newcore Gold (TSXV: NCAU) said a resource update for its Enchi gold project in southwestern Ghana boosts the deposit’s footprint by 24% as the company advances toward a…
Ontario funds up to $215K per early-stage project
Ontario is backing 68 early-stage exploration projects in new awards under a government funding program. The financing, delivered through the Ontario Junior Exploration Program (OJEP), will cover up to half…
Quebec port plans $200M expansion
Ottawa has cleared a $200-million wharf expansion at the Port of Bécancour in Quebec that would allow larger bulk carriers to serve Canada’s mining sector, though no construction timeline has…
Sponsored Video: Starlink cuts cost of remote mine links, Interface says
Starlink’s low-earth orbit satellite network is lowering the cost of connecting remote mine camps to head offices while giving operators reliable access to cloud systems, shared data and voice links,…
PDAC Video: Rees sees sector momentum, urges clearer rules, timelines
Explorers and developers still need clearer rules to turn market momentum into new mines, Prospectors and Developers Association of Canada President Karen Rees said. The annual convention that ran from…
Sponsored Video at PDAC: Opus One Gold steps up Noyell drilling
Opus One Gold (TSXV: OOR) is planning to drill up to 14,000 metres at its Noyell gold project south of Matagami in Quebec as it tries to grow Zone 1…