Talon Metals closes private placement to advance Tamarack project in Minnesota
Talon Metals (TSX: TLO; US-OTC: TLOFF ) has raised $4 million in a non-brokered private placement of more than 40 million common shares at a price of 10¢ a share….
United States
Northern Dynasty announces new plan at controversial Pebble project
Northern Dynasty Minerals (TSX: NDM) has welcomed a change of plan for its Pebble project in Alaska’s Bristol Bay region, which would now include an all land-based transportation route to…
Gold price rises as pressure builds on US-China relations
Gold rebounded on Friday as concerns about the economic fallout from the COVID-19 pandemic were compounded by fears of rising political tensions between China and the United States. Spot gold…
Cypress releases study on Clayton Valley lithium project in Nevada
With an initial US$493-million investment, Cypress Development‘s (TSXV: CYP) Clayton Valley lithium project could produce 27,400 tonnes lithium carbonate equivalent (LCE) per year over a 40-year mine life, according to…
US uranium output shrinks 89% in 2019
U.S. domestic production of uranium concentrate plunged 89% to 174,000 lb. U3O8 last year, according to the latest annual report published by the U.S. Energy Information Administration (EIA). This also represents…
McEwen Mining posts $99M loss on Gold Bar write-down
McEwen Mining (TSX: MUX; NYSE: MUX) posted a net loss of US$99.2 million, or US25¢ per share, for the quarter ended March 31, primarily due to a US$83.8 million impairment…
Editorial: EIA forecasts more electricity from renewables than coal in 2020
In April, Longview Power filed for bankruptcy. The company’s main asset is its 700 megawatt (MW) coal-fired power plant in West Virginia, which produces enough electricity to continuously power more…
US markets fall, May 11-15: Franco-Nevada, Hecla, Coeur, Newmont
As decisions about reopening businesses continued to vary from state to state in the U.S., the Dow Jones Industrial Average fell 2.73% to 23,685.42, while the S&P 500 dropped 2.31%…
Corvus Gold finds new zone below Mother Lode deposit
Corvus Gold (TSXV: KOR; US-OTC: CORVF) has discovered a new gold mineralized zone below the company’s Mother Lode deposit, located 165 km northwest of Las Vegas in the Walker Lane…
Viva Gold completes PEA for Tonopah gold project
Viva Gold (TSXV: VAU) has announced results from a preliminary economic assessment (PEA) of the company’s wholly-owned Tonopah gold project, located 30 km northeast of the town of Tonopah in…
First Vanadium study outlines low-cost project in Nevada
First Vanadium (TSXV: FVAN; US-OTC: FVANF) has completed a preliminary economic assessment (PEA) for its Carlin vanadium project in Elko County, 10 km south of the town of Carlin in…
SSR Mining and Alacer Gold to merge in all-share deal
Executives at SSR Mining (TSX: SSRM; NASDAQ: SSRM) and Alacer Gold (TSX: ARR; ASX: AQG) started talking about a possible merger of the two companies in November 2019, and completed…