Radisson sees 74% IRR for O’Brien at spot gold price
Radisson Mining Resources (TSX-V: RDS, US-OTC: RMRDF) says a preliminary economic assessment for the former O’Brien gold mine in Quebec’s Abitibi region outlines a high-value project – as long as…
Canada
Banyan rises on 2M oz resource update
A resource update for Banyan Gold’s (TSX-V: BYN; US-OTC: BYAGF) AurMac project makes it the second largest resource on the Tombstone Gold belt in Yukon. Shares rose. The update adds…
Emperor Metals doubles inferred gold at Duquesne West
Emperor Metals’ (CSE: AUOZ; US-OTC: EMAUF) initial resource has more than doubled the inferred estimate at its Duquesne West gold project in Quebec’s Abitibi region. Shares rose. The estimate includes…
Endeavour Silver jumps 9% on output
Endeavour Silver (NYSE: EXK; TSX: EDR) gained on Wednesday after the Canadian miner reported its second-quarter operating results. Silver production rose in plan 13% higher than the first quarter to…
Capstone wins key permit to expand Mantoverde
Capstone Copper (TSX: CS; ASX: CSC) has secured environmental approval from authorities in Chile’s Atacama region for its $150-million Mantoverde Optimized (MV-O) project. The green light extends the mine’s life…
‘Almost no surveillance’ of Eagle leach pad
Victoria Gold wasn’t paying enough attention to the Eagle mine heap leach pad before its catastrophic landslide in Yukon last year, an accident investigator says. The carelessness was a major…
Mali to sell Barrick’s gold: Reuters
The court-appointed administrator of Barrick Mining’s (TSX: ABX; NYSE: B) Loulo-Gounkoto complex in Mali is planning to sell a tonne of the site’s gold to pay for restarting the mine,…
Indigenous-owned Minto doubles copper-gold
Venerable Ventures’ (TSXV: VLV.H) new resource for the old Minto mine in the Yukon has more than doubled contained copper and gold over the 2005 estimate as the owners create…
West Red Lake’s Rowan might earn 42% return
West Red Lake Gold Mines (TSXV: WRLG; US-OTC: WRLGF) said a preliminary economic assessment shows that developing the Rowan project in northwestern Ontario may generate a high rate of return. Based…
McFarlane Lake buys $30M Abitibi site from Aris
McFarlane Lake Mining (CSE: MLM; US-OTC: MLMLF) is acquiring what it considers to be “one of the largest undeveloped gold properties in Ontario” from Aris Mining (TSX: ARIS; NYSE-A: ARMN)…
Royal Gold to buy Sandstorm, Horizon for $3.7B
Royal Gold (Nasdaq: RGLD) is acquiring Canadian streaming and royalty firms Sandstorm Gold (TSX: SSL; NYSE: SAND) and Horizon Copper (TSXV: HCU) in deals worth a combined $3.7 billion (C$5.04…
China’s mining investment sets new record
China’s overseas mining investment has soared to its highest level in over a decade, driven by Beijing’s push to secure critical raw materials amid rising geopolitical tensions. There were 10…