Blue Star Gold update shines near Arctic road project
A resource update for Blue Star Gold (TSXV: BAU; US-OTC: BAUFF) lifts total contained gold by almost 20% for the Ulu project that’s located near the Ottawa-backed all-season Grays Bay…
Canada
Agnico doubles Wallbridge Mining stake to over 19%
Agnico Eagle Mines (NYSE, TSX: AEM) has more than doubled its stake in Wallbridge Mining (TSX: WM) to just under 20% as part of the company’s strategy to gain exposure…
Troilus gold assays highlight M&A potential, analysts say
Strong drill results from Troilus Mining’s (TSX: TLG; US-OTC: CHXMF) namesake project in Quebec expands the original discovery, boosting the chances of a satellite deposit and takeover bids for a planned…
Aya logs high-grade hits at Morocco silver-gold project
Aya Gold & Silver (TSX, Nasdaq: AYA) reported the strongest drill intercept yet on a grade-thickness basis at its Boumadine project in Morocco as the Canadian producer and explorer continues…
SME New York: Critical minerals boom lifts dealmaking
Global mining M&A is gaining momentum this year, driven by a surge in critical minerals deals, rising government intervention and a shift towards supply chain security, speakers said this week…
Agnico greenlights $2.4B Nunavut gold mine
Agnico Eagle Mines (TSX: AEM; NYSE: AEM) said it will proceed with construction of the $2.4-billion (C$3.3-billion) Hope Bay underground mine in Nunavut with a goal of starting operations in…
Anglo exits coal in $3.9B Dhilmar sale
Anglo American (LSE: AAL) has agreed to sell its Australian steelmaking coal business to privately held Dhilmar for as much as $3.875 billion (C$5.3 billion), completing its exit from the…
Canada fast-tracks Nouveau Monde Graphite’s mine
Ottawa backs the Quebec-based project, billed as the biggest graphite mine in the G7.
Sherritt drops plan to dissolve Cuban assets
Sherritt International (TSX: S) has dropped plans to dissolve its mining assets in Cuba, though operations will remain suspended amid ongoing United States sanctions on the island nation. The Canadian…
Panama has lost $3.5B from mine halt: First Quantum
First Quantum Minerals (TSX: FM) said the suspension of its Cobre Panamá copper mine has cost Panama an estimated $3.5 billion in lost economic contribution over the past two years,…
Nouveau Monde to build G7’s biggest graphite mine
Nouveau Monde Graphite (TSX: NOU; NYSE: NMG) is going ahead with the construction of its Matawinie mine in Quebec, a crucial step in the company’s bid to become a North…
Gold Terra hikes ounces at historic mine in Yellowknife
An update for Gold Terra Resource’s (TSXV: YGT; US-OTC: YGTFF) Con brownfield project in the Northwest Territories almost doubles global contained gold over the initial estimate from 2022, though grades…