Montage lands US$825M for new West Africa gold mine
Montage Gold (TSXV: MAU; US-OTC: MAUTF) has secured a financing package worth US$825 million to fund the construction of its flagship Koné project in Côte d’Ivoire. Shares gained 11.7%. The…
Canada
Omai Gold fast-tracks Guyana drilling to speed resource update
Omai Gold Mines (TSXV: OMG; US-OTC: OMGGF) has added a third drill rig at its namesake Guyana project as it aims to update the resource and the project’s preliminary economic…
Kinross takes stake in Puma Exploration, sending stock up 50%
Kinross Gold (TSX: K, NYSE: KGC) has expanded its exploration footprint in Canada by investing in New Brunswick-focused junior Puma Exploration (TSXV: PUMA) and its properties near the province’s Bathurst…
NextSource ships first Madagascar graphite to global markets
Canada’s NextSource Materials (TSX: NEXT; US-OTC: NSRCF) has completed its first commercial shipments of graphite concentrate from its Molo mine in southern Madagascar, destined for Germany and the United States…
BHP tops all miners in Forbes list of world’s best employers
Australian miner BHP (NYSE: BHP; LSE: BHP; ASX: BHP) has earned a spot in Forbes list of the world’s best employers of 2024, placing best amongst all peers in the…
K92 says drilling shows bulk mining promise at Arakompa, near flagship PNG mine
Drill results from K92 Mining’s (TSX: KNT) pre-resource stage Arakompa gold-silver-copper project in Papua New Guinea has extended the strike to 750 metres, showing high-grade veins and bulk-mineable zones. Among…
New film sees mining through Quebec Inuit eyes
The northern Quebec region of Nunavik is the setting for a new documentary on the tussle between Inuit survival on the land and the mining industry’s quest to dig it…
IsoEnergy and Purepoint Uranium partner up to explore Larocque trend in Saskatchewan
IsoEnergy (TSX: ISO) and Purepoint Uranium (TSXV: PTU) have formed a 60%-40% joint venture to explore and develop uranium properties in Saskatchewan’s eastern Athabasca Basin, covering over 980 sq. km….
Silver Tiger shares slide on prefeasibility for El Tigre project in Mexico
A prefeasibility study released Tuesday tabled strong economics and a quick payback for Silver Tiger Metals’ (TSXV: SLVR; US-OTC: SLVTF) El Tigre silver-gold project in Sonora, Mexico. The report pinned…
Guanajuato Silver earns $3M Sprott investment backing
Guanajuato Silver Company (TSXV: GSVR) announced on Tuesday that it has arranged a private placement of about 33.3 million units priced at 24¢ each for proceeds of $8 million. Anchoring…
Calibre Mining pares gold outlook, flags 14% Valentine capex hike
Calibre Mining (TSX: CXB; US-OTC: CXBMF) shares fell after the company cut its gold production forecast by over 18% and raised the cost estimate of the Valentine project in Newfoundland…
Ascot soars on $40M Premier gold restart plan in BC
Ascot Resources (TSX: AOT; US-OTC: AOTVF) said on Monday it plans to raise at least $40 million to get its Premier gold project in British Columbia’s Golden Triangle back on…