David Garofalo-led fund takes stake in Radisson
The Marshall Precious Metals Fund, managed and led by chairman and CEO David Garofalo, with funds from Chinese state-owned Zhaojin Mining, has taken a 3.8% interest in Radisson Mining Resources…
Canada
Top 10 Canadian miners by market cap
The Northern Miner presents the top-10, Canada-headquartered mining companies by market capitalization as of late-June, 2020. 1. Barrick Gold Market cap: US$46.56 billion Barrick Gold (TSX: ABX; NYSE: GOLD) has…
Electrum fund boosts stake in Nickel Creek Platinum
The Electrum Strategic Opportunities Fund has increased its interest in Nickel Creek Platinum (TSX: NPC; US-OTC: NCPCF) to 33.88% following the closure of the second tranche of a private placement….
Talisker drills high-grade gold at Bralorne in BC
Drilling at Talisker Resources’ (CNSX: TSK; US-OTC: TSKFF) 42-sq.-km Bralorne gold project in British Columbia has returned high-grade gold from new veins as well as from existing structures. Of the…
New Gold sells Blackwater to Artemis for $190M in cash
New Gold (TSX: NGD; NYSE-AM: NGD) is selling its Blackwater project in central B.C. to Artemis Gold (TSXV: ARTG) for $190 million in cash. Under the deal, New Gold will…
The Northern Miner Podcast – episode 190: Pierre Lassonde signs off as chair of Franco-Nevada
This week features Pierre Lassonde’s final shareholder meeting as chair of Franco-Nevada, which took place on May 6, 2020. Lassonde discusses the founding of the company, the dramatic appreciation of…
Great Bear drills more high-grade gold at Dixie
Drilling along the LP fault at Great Bear Resources’ (TSXV: GBR) wholly owned Dixie gold project in Red Lake continues to return long intervals of high-grade gold mineralization. The most…
Maritime Resources drills Hammerdown
Maritime Resources (TSXV: MAE) has started a 10,000-metre diamond drill program at its 98-sq.-km Hammerdown gold project in Newfoundland and Labrador. This program will focus on testing prospective areas for…
Mistango River starts exploration at Eby-Baldwin project in Ontario
Mistango River Resources (CNSX: MIS) has developed a geological model for its 34-sq.-km Eby-Baldwin project, located 10 km west of Kirkland Lake in the historic “Mile of Gold” of the…
Mountain Province arranges $50M alternative diamond sale
With the diamond trade still largely shut down due to the coronavirus pandemic, Mountain Province Diamonds (TSX: MPVD; US-OTC: MPVD) has found a way to bring in much-needed revenue with…
Eldorado Gold constructs $24M tunnel at Lamaque
Eldorado Gold (TSX:ELD; NYSE:EGO) has started construction of a US$24-million tunnel at its sole Canadian operation, the Lamaque gold mine in Quebec, which will allow the company to grow production…
Pure Gold to restart drilling in Red Lake
Pure Gold Mining (TSXV: PGM; LSE: PUR) is starting a 30,000-metre underground and surface diamond drill program at its wholly owned PureGold Red Lake mine. The program will be focused…