Troubled Pure Gold mine in Red Lake finds a buyer
West Red Lake Gold Mines (TSXV: WRLG; US-OTC: WRLGF) has inked an agreement with Sprott Resource Lending Corp. and Pure Gold Mining and to acquire all of the issued and…
Canada
Teck attracts bids from Vale, Anglo American and Freeport
Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK) is said to have been approached by Vale (NYSE: VALE), Anglo American (LSE: AAL) and Freeport-McMoRan (NYSE: FCX) on potential deals for the…
How humanity’s conquest of space will depend on mining lunar water
With an eye to exploring Mars and beyond, space agencies worldwide are looking to mining to supply water, fuel and oxygen needed to send astronauts on longer missions. The target?…
Proxy advisory firms greenlight Integra-Millennial merger
Two independent proxy advisory firms have thrown their weight behind the proposed at-market merger of Integra Resources (TSXV: ITR) and Millennial Precious Metals (TSXV: MPM), concluding Friday the deal represents…
Juniors nudge Saskatchewan into high-grade lithium brine spotlight
A few explorers in Saskatchewan might start a new discussion on lithium mining in the prairie province, where uranium and potash tend to dominate the conversation. EMP Metals (CSE: EMPS)…
The latest on the Teck saga: Top shareholder backs Glencore takeover
Teck Resources’ (TSX: TECK.A, TECK.B; NYSE: TECK) top shareholder, China Investment Corp (CIC), said on Friday it plans to back Glencore‘s (LSE: GLEN) proposed takeover of Canada’s largest diversified miner….
Cartier PEA pegs Chimo gold production at 116,000 oz annually over 9.7 years
A preliminary economic assessment (PEA) for Cartier Resources‘ (TSXV: ECR) Chimo gold mine project in Quebec demonstrates it could produce 116,900 oz. gold annually over 9.7 years, with a post-tax…
Hudbay makes friendly bid for Copper Mountain amid M&A flurry
Hudbay Minerals (TSX: HBM; NYSE: HBM) and Copper Mountain Mining (TSX: CMMC; ASX: C6C) have agreed to merge, creating a copper producing powerhouse with projects across the Americas, and Canada’s…
The first book on Ontario’s Ring of Fire sees a happy ending for contentious development
When geologist and writer Virginia Heffernan was looking for a topic for her first book, it didn’t take long for her to settle on Ontario’s Ring of Fire. Like many…
Book excerpt: How the sparks of conflict in Ontario’s Ring of Fire set alight
The following is an excerpt from Chapter 10, “From backrooms to bulldozers,” of Ring of Fire: High Stakes Mining in a Lowlands Wilderness. Read more about the book, written by…
Canada Nickel awaits assays for newest discovery near Crawford in Ontario
Canada Nickel Co. (TSXV: CNC; US-OTC: CNIKF) has made another discovery with a larger footprint and higher carbon capture potential than its flagship Crawford project located in Ontario’s Timmins mining…
Teck separation increasingly in question
Teck Resources‘ (TSX: TECK.A/TECK.B; NYSE: TECK) board has unanimously rejected the latest cash-sweetened bid Glencore (LSE: GLEN) lodged on Tuesday, resolving instead to hasten its exit from the coal business….