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…
Canada
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…
GoldMining creates royalty subsidiary
GoldMining (TSX: GOLD; US-OTC: GLDLF) has created a wholly owned royalty company – Gold Royalty – with a portfolio of 14 newly created royalties on GoldMining’s gold assets in the…
Top 10 Canadian-headquartered base metal and uranium explorers
The Northern Miner has compiled a list of the top-10, Canadian headquartered base metal and uranium juniors – with no production and which are not a royalty or streaming company….
Pure Gold targets year-end production at Red Lake
Pure Gold Mining’s (TSXV: PGM; LSE: PUR) Red Lake mine is expected to pour first gold in the fourth quarter of this year as development progresses ahead of schedule. The…
Alexco receives key water permit for Keno Hill
Alexco Resource (TSX: AXU; NYSE-AM: AXU) has received a draft water licence from the Yukon Water Board for its Keno Hill silver operation, and is moving forward with plans to produce…
Rio Tinto to drill Janice Lake copper-silver project in Saskatchewan
Rio Tinto (NYSE: RIO; LSE: RIO) has started exploration at Forum Energy Metals’ (TSXV: FMC) Janice Lake sedimentary copper-silver project in northern Saskatchewan. The major is earning up to an…