Falco deal with Glencore key to Horne 5 development
Falco Resources’ (TSXV: FPC) Horne 5 project contains 7 million oz. gold. It might contain just as many questions. Perhaps the biggest one is whether or not Falco will secure…
Canada
The Northern Miner Podcast – episode 153: Challenges and opportunities in NWT, ft Miles Welch
This episode features Miles Welch, manager of diamond secondary industry development, Government of Northwest Territories, who presented at The Northern Miner’s annual Diamonds in Canada Symposium at the TMX Broadcast…
Osisko launches incubator, bids for Barkerville
Osisko Gold Royalties (TSX: OR; NYSE: OR) has created a project development platform called North Spirit Discovery Group, and it hopes the resource development and finance company’s first asset will…
Probe Metals hikes resource estimate
Probe Metals (TSXV: PRB; US-OTC: PROBF) has released an updated resource estimate for its Val-d’Or East project in Quebec, 25 km east of Val-d’Or and 1.5 km west of the…
Monarch drills visible gold at Fayolle project in Quebec
The latest resource estimate for Monarch Gold’s (TSX: MQR; US-OTC: MRQRF) newly acquired Fayolle gold project in Quebec confirms the deposit’s high-grade, near-surface potential. Fayolle’s indicated resource now stands at…
Stornoway’s creditors keep Renard on life support
Stornoway Diamond (TSX: SWY) and its creditors reached a deal that will see the Renard diamond mine operate during corporate restructuring, after the company’s failure to generate positive free cash…
Quebec Snapshot: Eight companies to watch
Mining companies spend an average of $8.5 billion a year in Quebec, and the industry generates $962 million annually for the provincial government, excluding corporate income taxes, according to the…
Victoria Gold pours first gold at Eagle mine
Victoria Gold (TSXV: VIT) has started producing gold at its Eagle mine in the Yukon. Annual gold production is estimated at 200,000 oz. at an average all-in sustaining costs (AISCs)…
Osisko drills for Windfall’s ‘roots’
Discoveries earlier this year at the Windfall gold project in Quebec drove Osisko Mining (TSX: OSK) in July to boost its drill program by 200,000 metres, bringing the total for…
Crystal Lake adds Rob McEwen as strategic investor
Crystal Lake Mining (TSXV: CLM; US-OTC: SIOCF) has completed the first tranche of a $1.5-million private placement, raising $1.4 million through issuing 4.8 million units at 30¢ apiece. Rob McEwen, chairman and chief…
Teranga’s Wahgnion mine processes ore ahead of schedule
Teranga Gold’s (TSX: TGZ; US-OTC: TGCDF) Wahgnion open-pit gold mine in Burkina Faso started processing ore in August, two months ahead of schedule, and is expected to produce 30,000 to…
Margaux releases maiden resource for Taurus deposit in BC
Margaux Resources (TSXV: MRL; US:OTC: MARFF) released a maiden resource estimate for the Taurus deposit on its Cassiar gold project in British Columbia. Taurus contains inferred resources of 21.8 million…