Skeena exercises option on Barrick’s Eskay Creek
Skeena Resources (TSXV: SKE) will be exercising its option to acquire 100% of the Eskay Creek gold-silver project from Barrick Gold (TSX: ABX; NYSE: GOLD) via a binding term sheet…
Canada
GT Gold tables resource for Saddle North porphyry in BC
GT Gold (TSXV: GTT) has released a maiden resource estimate for the Saddle North gold-rich copper porphyry within its wholly owned 468-sq.-km Tatogga property in northern British Columbia. Total indicated…
Moon richer in metals than previously thought: study
Plans to start mining the Moon as early as 2025 became more attractive this week after a U.S. National Aeronautics and Space Administration (NASA) team found evidence that the Earth’s…
Victoria Gold begins commercial production at Eagle
Victoria Gold’s (TSX: VGCX) Eagle gold mine in central Yukon reached the commercial production milestone on Canada Day. As of July 1, all of the facilities required for this stage…
Eastmain restarts exploration at Quebec properties
Eastmain Resources (TSX: ER; US-OTC: EANRF) has resumed exploration across its three properties in Quebec’s James Bay region. The company will focus on expanding the existing Eau Claire deposit at…
Gran Colombia funds Caldas Gold’s Juby acquisition
Colombia-focused Gran Colombia Gold (TSX: GCM; US-OTC: TPRFF) has invested $14 million in a private placement in its recent spinoff, Caldas Gold (TSXV: CGC), to fund the acquisition of a…
Azimut expands drill program at Elmer gold project
Having completed its originally planned 6,000-metre, 30-hole drill program at its wholly owned Elmer gold project, Azimut Exploration (TSXV: AZM) is expanding the campaign to 10,000 metres to continue drilling…
Iamgold weighs construction decision at Cote in Ontario
Iamgold‘s (TSX: IMG) 70%-owned Côté gold project in northern Ontario has received a key federal permitting approval, taking it one step closer to a construction decision. The approval, under the…
Canada’s top 10 royalty and streaming companies
The Northern Miner presents the top-10, Canadian-headquartered royalty and streaming companies by market capitalization, as of late-June 2020. 1. Franco-Nevada Market capitalization: US$26.40 billion Franco-Nevada (TSX: FNV; NYSE: FNV) continues…
TSX Venture rises, June 22-26
The S&P/TSX Venture Composite Index rose 5.56% to finish the trading week at 598.74. Spot gold jumped US$27.70 per oz., or 1.59%, to US$1,771.50 per ounce. Great Bear Resources topped…
US markets fall, June 22-26
A surge in coronavirus cases in parts of the United States undermined market sentiment. The Dow Jones Industrial Average fell 3.31% to 25,015.55 and the S&P 500 dropped 2.86% to…
TSX drops, June 22-26
The S&P/TSX Composite Index fell 1.84% to 15,189.00 during the June 22-26 trading week. The S&P/TSX Global Mining Index rose 4.24% to 88.72, and the S&P/TSX Global Base Metals Index…