Yamana to acquire Monarch Gold in $152M deal
Yamana Gold (TSX: YRI; NYSE: AUY; LSE: AUY) is expanding its footprint in the precious metals-rich Abitibi region of Quebec by acquiring all shares in smaller rival Monarch Gold (TSX:…
Canada
TSX down, Oct. 26-30
The S&P/TSX Composite Index fell 4.44% to 15,580.64 during the Oct. 26-Oct. 30 trading week. The S&P/TSX Global Mining Index declined by 2.52% to 92.89, and the S&P/TSX Global Base…
Yamana raises dividend 50% on blowout earnings
Yamana Gold (TSX: YRI; NYSE: AUY; LSE: AUY) announced drill results that provide further support for the development of a future underground operation at the East Gouldie, Odyssey and East…
Joint Venture Article: Maple Gold Mines, a success story 40 years in the making
Where others have stumbled, Maple Gold Mines has stayed the course and is ready to advance their Douay project in Quebec’s Abitibi Greenstone Belt. Through a tumultuous period defined by…
Rio Tinto invests US$51M in Canadian alumina refinery
The world’s second largest miner Rio Tinto (NYSE: RIO; LSE: RIO) is investing US$51 million to upgrade facilities at its Vaudreuil alumina refinery in Quebec. The company said three new…
Wallbridge advances Fenelon project in Quebec
Wallbridge Mining‘s (TSX: WM) flagship Fenelon gold project lies along the prospective Detour-Fenelon gold trend in north-western Quebec, 75 km west-northwest of Matagami. The 85.6 sq. km land package is…
QC Copper and Gold injects new life into Opemiska in the Abitibi
The Chibougamau-Chapais region, 750 km north of Montreal, is part of the largest Archean greenstone belt in the world. The belt, better known as the Abitibi, is 150 km in…
Alamos posts record cash flow, raises dividend 33%
Alamos Gold (TSX: AGI; NYSE: AGI) generated record cash flow of US$76 million during the third quarter, led by strong operating performance across its three operations in Ontario and Mexico….
Wheaton expands into Europe with LSE listing
Wheaton Precious Metals (TSX: WPM; NYSE; WPM; LSE: WPM), one of the world’s largest gold and silver streaming companies, began trading on the main market of the London Stock Exchange (LSE)…
Giga Metals targets battery market with Turnagain nickel project
Giga Metals (TSXV: GIGA; US-OTC: HNCKF) has tabled an updated preliminary economic assessment (PEA) on its Turnagain nickel-cobalt project in B.C., 65 km east of Dease Lake. The early-stage study…
Nouveau Monde signs agreement to develop high-purity graphite products
As part of its plan to become a vertically integrated graphite company, Nouveau Monde Graphite (TSXV: NOU; US-OTC: NMGRF) has signed an agreement with a leading chemical company that will…
New Found Gold drills long intervals of high-grade gold in Newfoundland
Drilling around last year’s discovery hole at the Keats zone within New Found Gold’s (TSXV: NFG; US-OTC: NFGFF) wholly owned Queensway gold project in Newfoundland has returned long intervals of…