Callinex discovers new silver zone at Nash Creek
Drilling at Callinex Mines’ (TSXV: CNX; US-OTC: CLLXF) 118-sq.-km Nash Creek project in the Bathurst mining district of New Brunswick has encountered a new zone of silver mineralization, 9.6 km…
Canada
YMP launches $61.5K scholarship fund, including new lottery scholarship
The Young Mining Professionals (YMP) has announced the 2020 launch of its YMP Scholarship Fund, with a total of $61,500 available for the 2020-21 academic year for students studying mining-related…
Probe Metals extends gold zones at Val-d’Or East
Probe Metals (TSX: PRB; US-OTC: PROBF) has released assay results for drill holes completed at its wholly owned Val-d’Or East property, which covers 119 sq. km near Val-d’Or, Quebec. According…
Osisko Mining raises $150M in bought deal
Osisko Mining (TSX: OSK) has entered into an agreement with Canaccord Genuity and Eight Capital as co-lead underwriters of a syndicate, which has agreed to purchase, on a bought-deal private…
The Northern Miner Podcast – episode 189: First Cobalt CEO Trent Mell on electric vehicles, cobalt demand and working with Glencore
This episode features First Cobalt CEO Trent Mell in conversation with Northern Miner group publisher Anthony Vaccaro at The Northern Miner Scotch Whisky Tasting event held on Zoom. Trent discusses…
Centerra Gold kicks off commercial mining in Turkey
Centerra Gold (TSX: CG) has declared commercial production at its Öksüt mine in Turkey, four months after it poured first gold at the operation. The Toronto-based company now has three…
Genesis Metals drills Chevrier gold project in Quebec
Genesis Metals (TSXV: GIS) has released assay results for four holes completed at its 290-sq.-km Chevrier gold project near Chibougamau, Quebec. The drill highlights include 20 metres of 1.36 grams…
Iamgold buys Monarch Gold’s Fayolle for $11.5M
Monarch Gold (TSX: MQR) is selling its Fayolle property in western Quebec to Iamgold (TSX: IMG; NYSE: IAG) in a cash and share deal valued at $11.5 million. The Montreal-based…
TSX Venture rises, May 25-29: Searchlight Resources, Ely Gold Royalties, Azimut Exploration
The S&P/TSX Venture Composite Index rose by 2.20% to finish the trading week at 553.77. Spot gold ended the week at US$1,728.70 per oz., a fall of US$4.00 per oz….
US markets advance, May 25-May 29: Vale, Cleveland Cliffs, Fortuna Silver, Barrick
The Dow Jones Industrial Average rose 3.75% to 25,383.11, and the S&P 500 increased 3.01% to 3,044.31. Spot gold fell US$4.00 per oz., or 0.23%, to finish the trading week…
TSX rises, May 25-29: Endeavour Mining, Yamana, RTG Mining, Guyana Goldfields
The S&P/TSX Composite Index rose 1.87% to 15,192.80 during the May 25-29 trading week. The S&P/TSX Global Mining Index fell 2.49% to 86.50 and the S&P/TSX Global Base Metals Index…
Canada Nickel grows Main and East zones at Crawford
Canada Nickel (TSXV: CNC) has released full assays for hole CR20-33 as well as nickel assays for hole CR20-32, which step out the East zone nickel-PGM mineralization by 400 metres…