Gowest gets $19M boost for Bradshaw from Hong Kong’s Greenwater
Greenwater Investment Hong Kong has agreed to invest $19 million in Gowest Gold (TSXV: GWA), sole owner of the Bradshaw gold project, 50 km northeast of Timmins, Ont. Gowest says…
Canada
Lithion to raise $125M for battery recycling in Quebec
Lithion Recycling has closed the first tranche of a financing that could provide $125 million toward the company’s first lithium-ion battery cycling plant in Quebec. The Series A equity financing…
Barrick Gold’s mines in Tanzania reach Tier One status
Barrick Gold (TSX: ABX; NYSE: GOLD) says it has succeeded in taking its North Mara and Bulyanhulu gold mines in Tanzania from “moribund” to Tier One assets. Barrick, which took…
JV Article: Golden Share Resources bolsters team to advance properties in Ontario’s Ring of Fire
Golden Share Resources (TSXV: GSH) is exploring for diamonds and precious and base metals in Ontario. The Canadian junior owns properties close to Ontario’s Ring of Fire, an emerging mining district…
Endeavour Mining and Fortuna Silver operations unaffected by Burkina coup
Endeavour Mining (TSX: EDV; LSE: EDV; US-OTC: EDVMF) and Fortuna Silver Mines (TSX: FVI; NYSE: FSM) say their mines in Burkina Faso have not been affected after a military junta seized control of the country…
Macassa #4 shaft reaches 1,950 metres, to be completed late 2022
Kirkland Lake Gold (TSX: KL; NYSE: KL; ASX: KLA) announced that the new, $240 million #4 shaft at its Macassa gold mine reached its planned depth of 1,950 metres on…
Fortune Minerals plans Alberta cobalt refinery
Fortune Minerals (TSX: FT) intends to buy a defunct steel processing plant in Alberta and turn it into a cobalt refinery. The company says the plant, which it will purchase for $5.5 million, will significantly reduce the…
In charts: Gold rally defies traditional headwinds
Bank of America expects the gold price rally to persist despite a challenging macro backdrop. Gold continues trading above $1,800 per ounce despite the respective 10-year interest rates and Dollar…
Chinese takeover of Neo Lithium “irrelevant to national security interests” says Liberal MP
The proposed takeover of Canadian-based Neo Lithium (TSXV: NLC; US-OTC: NTTHF) by China’s Zijin Mining is not a concern, Liberal MP Andy Fillmore said. Speaking to a House of Commons committee on January 20, Fillmore…
Kibali achieves 2021 guidance; set for third year of net DRC gold reserve growth
Barrick Gold (TSX: ABX; NYSE: GOLD) says its Tier One Kibali gold mine in the Democratic Republic of Congo has achieved its 2021 production guidance with the total output amounting…
Silver Lake Resources grabs troubled Harte Gold
Australia’s Silver Lakes Resources (ASX: SLR) said on Friday it had won the bid for Harte Gold (TSX: HRT), whose sole asset is the three-year-old Sugar Zone mine in Ontario, Canada….
Newcrest expands footprint in Canada with Pretium buy
Newcrest Mining (ASX, TSX: NCM) is expanding its footprint in Canada, particularly in British Columbia’s Golden Triangle, after shareholders in Pretium Resources approved the Australian miner’s bid for the company….