GFG Resources to drill high-grade gold targets at Pen
GFG Resources (TSXV: GFG; US-OTC: GFGSF) has begun this year’s second-phase, 8,500-metre drill program at the 475-sq.-km Pen project, 40 km west of the Timmins gold district in Ontario. The…
Canada
Saskatchewan gov’t commits to rare earths processing plant by 2022
Canada will have its first rare earth processing plant in operation by the end of 2022, as the province of Saskatchewan has committed $31 million to build a new facility…
DeepGreen Metals partners with scientists on seafloor discovery program
DeepGreen Metals has formed partnerships with scientific research institutions and universities on its deep-sea discovery program to characterize the potential impacts of lifting polymetallic nodules from the bottom of the…
Skeena Resources launches aggressive drill program at Eskay Creek
Skeena Resources (TSX: SKE; US-OTC: SKREF) plans to drill a combined 89,000 metres of exploration and infill drilling before the end of the year at its Eskay Creek gold-silver project…
Artemis Gold study outlines 23-year open pit mine at Blackwater in BC
Days after closing the acquisition of the Blackwater gold project in central British Columbia from producer New Gold (TSX: NGD; NYSE-AM: NGD), Artemis Gold (TSXV: ARTG) has released the results…
Nemaska Lithium accepts sale proposal, reorganization into new entity
After completing a sale or investor solicitation process (SISP) under the Companies’ Creditors Arrangement Act (CCAA), Nemaska Lithium has ultimately accepted a sale proposal, structured as a credit bid, from…
Rio Tinto enters option deal for ALX’s nickel project in Saskatchewan
ALX Resources (TSXV: AL) has entered into an option agreement with Rio Tinto (NYSE: RIO; LSE: RIO) on its Falcon nickel project in northern Saskatchewan. Under the deal, Rio Tinto…
BHP to fund Midland nickel exploration in Quebec
Midland Exploration (TSXV: MD) says it has struck a new funding deal with a subsidiary of BHP (NYSE: BHP; LSE: BHP) for nickel exploration activities in northern Quebec. BHP’s unit,…
US markets mixed, Aug. 17-21
The Dow Jones Industrial Average fell 0.003% to finish the week at 27,930.33 and the S&P 500 rose 0.72% to 3,397.16. Spot gold climbed US$2.40 per oz., or 0.12%, to…
TSX edges higher, Aug. 17-21
The S&P/TSX Composite Index rose 0.02% to 16,517.85 during the Aug. 17-21 trading week. The S&P/TSX Global Mining Index fell 0.18% to 99.07, and the S&P/TSX Global Base Metals Index…
TSX Venture slightly down, Aug. 17-21
The S&P/TSX Venture Composite Index fell by 1% to finish the August 17-21 trading week at 730.31, with spot gold finishing the week at US$1,942.40 per oz., a rise of US$2.40 per oz. from the…
Pacton Gold uses AI to advance projects in Red Lake
In the summer of 1925, the discovery of gold in northwestern Ontario’s Red Lake region triggered the last great gold rush in North America. At the height of the gold…