Galleon Gold begins engineering at West Cache in Ontario
Galleon Gold (TSXV: GGO) is making progress in permitting of a bulk sample and other activities at its 100% owned West Cache gold project in Timmins, Ont., with the company…
Canada
Benchmark PEA projects $493M capex for 12-year open pit mine at Lawyers
Benchmark Metals (TSXV: BNCH; OTC: BNCHF) has completed a preliminary economic assessment (PEA) on its flagship Lawyers gold-silver project that presents a robust open pit mining scenario with attractive economics…
Magna Mining to acquire Sudbury nickel-copper-PGE assets in ‘transformational’ deal
Magna Mining (TSXV: NICU) has entered into a definitive share purchase agreement to acquire Lonmin Canada (Loncan), whose assets include the Denison project and the past-producing Crean Hill nickel-copper-PGE (platinum…
VIDEO: VMS deposits present exciting new zinc-copper-gold discovery opportunities in Mexico
Volcanogenic massive sulphide (VMS) deposits have been a core source of copper, zinc and sometimes gold mineralization for over 150 years and remain the mainstay of some major mining camps…
Taseko granted draft permit for Florence copper project in Arizona
Taseko Mines (TSX: TKO; NYSE-AM: TGB; LSE: TKO) has scored a small, but key win in the long-dragged permitting process for its Florence copper project in Arizona as the U.S….
Giga Metals, Mitsubishi to jointly develop Turnagain nickel deposit in BC
Junior Giga Metals (TSXV: GIGA) and global trading and investment firm Mitsubishi Corp. agreed on Monday to form a joint venture company, Hard Creek Nickel Corp., to develop the Turnagain…
TNM Drill Down: Top gold assays of the week Aug 4-12
Our weekly TNM Drill Down feature focuses on the top gold assays of the past week. Assays are ranked by gold grade x width, as identified by our sister company…
Turquoise Hill rejects Rio Tinto’s US$2.7B takeover offer
Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) has rejected majority shareholder Rio Tinto’s (NYSE: RIO; LSE: RIO; ASX: RIO) bid to buy the 49% stake it doesn’t already own in…
Prismo prepares to drill-test Palos Verdes near-surface high-grade shoot
Prismo Metals (CSE: PRIZ) is preparing to drill-test an important near-surface target at its flagship Palos Verdes gold project in Sinaloa state, Mexico, after receiving an extension to its environmental…
Fuse Cobalt, Electra enter MOU for raw material supply
Fuse Cobalt (TSXV: FUSE; US-OTC: FUSEF) has signed a memorandum of understanding with Electra Battery Materials (TSX: ELBM; NASDAQ: ELBM) for the supply of raw cobalt material. Fuse is exploring…
Monarch grows resources at Croinor gold project in Quebec
Monarch Mining (TSX: GBAR; US-OTC: GBARF) has released a mineral resource estimate for its 100% owned Croinor gold project located 55 km east of Val-d’Or, Que. The resource estimate is…
Lucara starts shaft-sinking at Karowe mine expansion project
Lucara Diamond (TSX: LUC) is moving towards the main shaft sinking phase of the underground expansion project at its Karowe mine in Botswana, which will extend the operation’s life for…