Drilling targeting a mostly untested, 250-metre northwest section of the LP fault at Great Bear Resources’ (TSXV: GBR) Dixie project in Red Lake returned both high-grade gold and lower-grade intervals…
Drilling targeting underexplored areas around the Detour Lake pits at Kirkland Lake Gold’s (TSX: KL; NYSE: KL) Detour Lake property returned wide and high-grade gold intervals. The miner is completing…
Australia-based producer Evolution Mining (ASX: EVN) is acquiring Red Lake-focused gold developer Battle North Gold (TSX: BNAU) in a $343-million, $2.65 a share, all-cash deal. The two companies have entered…
With a resource estimate for the Berry zone at Marathon Gold’s (TSX: MOZ) Valentine gold project underway, the company recently released assay results from its 2021 drilling for seven holes…
Newmont (TSX: NGT; NYSE: NEM), the world’s No. 1 gold miner, is acquiring all the shares it doesn’t already own in Canadian explorer GT Gold (TSXV: GTT) in a cash deal…
First Majestic Silver (TSX: FR; NYSE:AG) is buying the Jerritt Canyon gold mine in Elko County, Nevada, from Sprott Mining for US$470 million in shares and five million share purchase…
Wheaton Precious Metals enjoyed record 2020 revenues of $1.1 billion (all figures are U.S. dollars) with 627,063 oz. gold-equivalent sold. The figure includes sales of 367,419 oz. gold, 22,9 million…
Golden Dawn Minerals (TSXV:GOM; US-OTC:GDMRF) has completed a helicopter-borne VTEM and magnetics survey over the old Phoenix copper mine at its Greenwood precious metals project in southeast B.C. The Golden…
Gold Royalty Corp. (NYSEA:GROY) and GoldMining Inc. (TSX:GOLD; NYSEA:GLDG) have successfully raised US$90 million through Gold Royalty’s initial public offering of 18 million units priced at US$5 per unit. The…
As part of its partnership with Natural Resources Canada, the Centre for Excellence in Mining Innovation (CEMI) is pleased to launch the Canadian Mineral Processing Ecosystem Innovation Portal at www.cmpip.ca. This…
London-based Rio Tinto (L:RIO) has signed an agreement to provide the first commercial batch of aluminum-scandium alloy to Amaero, a leader in metal additive manufacturing. The alloy – given the…
The global budget for nonferrous metals exploration was $8.7 billion in 2020 down from the $9.8 billion registered in 2019.
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