Troilus buys back royalty from First Quantum
Troilus Gold (TSX: TLG; US-OTC: SKREF) has entered into a definitive agreement to buy back a sliding 2.5% net smelter royalty (NSR) on 81 mineral claims and one mining lease (the…
Canada
O3 Mining hits near-surface gold at Malartic
Drilling at O3 Mining’s (TSXV: OIII) Malartic property in Val d’Or, Que., hit near-surface extensions of the Kierens gold deposit, outside of the proposed pit outlines defined in a September…
Torex Gold posts ‘extraordinary’ Q3 results
Mexico-focused Torex Gold Resources (TSX: TGX) is the latest gold miner to report surging profits on the back of a strong gold price. For its third quarter, Torex poured 131,790…
Copper Mountain posts strong Q3, lowers cost guidance
In the third quarter, Copper Mountain Mining’s (TSX: CMMC) flagship namesake open-pit mine in B.C., 20 km south of Princeton, generated 23.8 million lb. copper-equivalent, at all-in sustaining costs of…
VanadiumCorp says Lac Dore is ‘one of the largest and highest-grade vanadium resources in North America’
VanadiumCorp Resource (TSXV: VRB; US-OTC: APAFF) has released the first resource estimate for the Main zone at its wholly-owned Lac Dore vanadium project in northern Quebec, 27 km east-southeast of Chibougamau….
Yamana to acquire Monarch Gold in $152M deal
Yamana Gold (TSX: YRI; NYSE: AUY; LSE: AUY) is expanding its footprint in the precious metals-rich Abitibi region of Quebec by acquiring all shares in smaller rival Monarch Gold (TSX:…
TSX down, Oct. 26-30
The S&P/TSX Composite Index fell 4.44% to 15,580.64 during the Oct. 26-Oct. 30 trading week. The S&P/TSX Global Mining Index declined by 2.52% to 92.89, and the S&P/TSX Global Base…
Yamana raises dividend 50% on blowout earnings
Yamana Gold (TSX: YRI; NYSE: AUY; LSE: AUY) announced drill results that provide further support for the development of a future underground operation at the East Gouldie, Odyssey and East…
Joint Venture Article: Maple Gold Mines, a success story 40 years in the making
Where others have stumbled, Maple Gold Mines has stayed the course and is ready to advance their Douay project in Quebec’s Abitibi Greenstone Belt. Through a tumultuous period defined by…
Rio Tinto invests US$51M in Canadian alumina refinery
The world’s second largest miner Rio Tinto (NYSE: RIO; LSE: RIO) is investing US$51 million to upgrade facilities at its Vaudreuil alumina refinery in Quebec. The company said three new…
Wallbridge advances Fenelon project in Quebec
Wallbridge Mining‘s (TSX: WM) flagship Fenelon gold project lies along the prospective Detour-Fenelon gold trend in north-western Quebec, 75 km west-northwest of Matagami. The 85.6 sq. km land package is…
QC Copper and Gold injects new life into Opemiska in the Abitibi
The Chibougamau-Chapais region, 750 km north of Montreal, is part of the largest Archean greenstone belt in the world. The belt, better known as the Abitibi, is 150 km in…