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,…
Canada
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…
Ontario snapshot: Eight companies to watch
Ontario’s long-standing mining legacy, availability of geological data and established track record with mineral explorers, developers and producers, position it as a world-class destination for the industry. Below, we provide…
MAC says fed review of Teck’s Castle project ‘political in nature’
Canada’s national association for miners, the Mining Association of Canada (MAC), is weighing in on the federal government’s decision to review Teck Resources’ (TSX: TECK.B; NYSE: TECK) proposed Castle Mountain…
Nexus Gold reports high-grade intercepts at McKenzie in Ontario
Most people know Nexus Gold (TSXV: NXS; US-OTC: NXXGF) from its portfolio of five gold projects in Burkina Faso, in particular its flagship near-surface Bouboulou orogenic gold deposit. But security risks in…
Battle North seeks $55M to fund development, pay debt
Battle North Gold (TSX: BNAU; US-OTC: BNAUF) (previously Rubicon Minerals) is raising $55 million in an upsized bought deal (from $45 million previously) co-led by Cormark Securities and Stifel GMP…
Kirkland Lake signs strategic alliance agreement with Newmont in Northern Ontario
Kirkland Lake Gold (TSX:KL, NYSE:KL) and Newmont (TSX: NGT; NYSE: NEM) have signed a strategic alliance agreement to collaborate on exploration and development work in Northern Ontario. Under the terms…
Commentary: Coal mining ends in England, but Earth Overshoot Day points way forward
It has been a difficult week for English mining engineers. A coal open pit closed in Durham on the same day (Aug. 17) as a thought-provoking press release by Global…
Banyan Gold finds grade continuity at Airstrip zone in Yukon
Banyan Gold (TSXV: BYN) has released assays for nine holes completed at the Airstrip zone within its AurMac property, 56 km northeast of Mayo, Yukon. The drilling has extended the…