TSX Venture up, March 29-April 1
The S&P/TSX Venture Composite Index rose 1.86% to finish the trading week at 960.84. Spot gold fell US$3 per oz., or 0.17%, to US$1,730.30 per ounce. Rusoro Mining rose 2¢ to…
Canada
TSX rises in March 29-April 1 trading week
The S&P/TSX Composite Index rose 1.27% to 18,990.32 during the March 29-April 1 trading week. The S&P/TSX Global Mining Index climbed 1.34% to 104.02, and the S&P/TSX Global Base Metals…
UEX hits high-grade cobalt-nickel mineralisation at West Bear
UEX (TSX: UEX; US-OTC: UEXCF) has reported drill results from the Michael Lake zone on its 100%-owned West Bear cobalt-nickel deposit in the eastern Athabasca basin of Saskatchewan, about 740 km…
Pure Gold ramps up mill, fine tunes underground ops
With the mill at Pure Gold Mining’s (TSXV: PGM) PureGold mine in Red Lake ramped up to its 800 tonne-per-day nameplate capacity, the new producer is now focusing on fine-tuning…
Inuit women working in mining report high levels of sexual harassment
A recent survey by Pauktuutit Inuit Women of Canada reveals that Inuit women in the mining industry experience a high level of sexual harassment at work. Of those surveyed by…
Piedmont Lithium completes US$122.5 million financing
Piedmont Lithium (NASDAQ: PLL; ASX: PLL) has raised US$122.5 million in a public offering, issuing 1.75 million of its American Depository Receipts (ADS) with each ADS representing 100 of its ordinary…
Kirkland Lake expects Detour to produce up to 900koz annually by 2032
Miner Kirkland Lake Gold (TSX: KL; NYSE: KL; ASX: KLA) expects its Detour Lake open pit mine in northern Ontario to reach a gold output rate of 900,000 oz. a…
Red Chris resource from Newcrest confirms block cave potential
With a prefeasibility study expected for the Red Chris mine in B.C. by the end of September, Australia-based operator Newcrest (TSX: NCM; ASX: NCM) has released an updated resource for…
Miners on TSX and TSXV raised $4.8B in private placements last year
Osisko Development Corp.’s (TSXV: ODV) $100 million private placement in December, raised to further the development of its Cariboo gold project in British Columbia, closed out a year of increased…
Copper Mountain announces US$250 million senior secured bond issue
Copper Mountain Mining (TSX: CMMC) has successfully priced US$250 million in senior secured bonds in the Nordic bond market. The five-year bonds, bearing interest at 8% per year, will mature…
Osisko Mining hits high-grade mineralisation at Windfall
Osisko Mining (TSX: OSK) has reported the latest drill results from its 100%-owned Windfall gold project in Quebec’s Abitibi greenstone belt, 200 km northeast of Val-d’Or and 115 km east of…
Taseko Mines clears legal hurdles at Florence; advances copper projects
Taseko Mines (TSX: TKO; NYSE-AM: TGB; LSE: TKO) can move forward with its Florence copper in-situ project after the Arizona Court of Appeals ruled in its favour and rejected arguments…