Gold Fields pays $50M for 12% of Founders Metals
Gold Fields (NYSE, JSE: GFI) agreed to pay about $50 million (US$36 million) to become the biggest shareholder in Founders Metals (TSXV: FDR; US-OTC: FDMIF), which is developing the Antino…
Exploration
Canada backs critical minerals projects worth $6.4B
Canada’s federal government unveiled plans to support 25 new investments it says will help to unlock some $6.4 billion (US$4.6 billion) of critical minerals projects tied to the production of…
Fortuna boosts underground potential in Côte d’Ivoire
Exploration drilling at Fortuna Mining’s (TSX: FVI; NYSE: FSM) Séguéla open-pit mine in Côte d’Ivoire improves the odds of an underground operation at the Sunbird deposit, the company said. Hole SGRD2434…
Ontario fast-tracks Frontier Lithium’s PAK
Frontier Lithium’s (TSXV: FL; US-OTC: LITOF) $943-million capex PAK project is Ontario’s first entry in a program to approve mines in two years. Provincial Energy and Mines Minister Stephen Lecce…
AbraSilver logs new high-grade gold hits at Diablillos
AbraSilver Resource (TSX: ABRA; US-OTC: ABBRF) said new drill results at its flagship Diablillos project in northwestern Argentina have expanded the high-grade gold zone east of the Oculto deposit. “Numerous”…
Site visit: Maple works to boost resource in Quebec
Kiran Patankar cracks a grin as he points towards the boreal forest that stretches as far as the eye can see. “When you’re up here the first thing that strikes…
Iamgold signs deals to triple Quebec district footprint
Canadian miner Iamgold (TSX: IMG; NYSE: IAG) announced a pair of acquisitions that would more than triple its footprint in northern Quebec’s Chibougamau region. Shares rose. Iamgold agreed to buy…
Fortuna soars on fast repay plan for Senegal gold project
Fortuna Mining (TSX: FVI; NYSE: FSM) says a preliminary economic assessment (PEA) for the Diamba Sud gold project in Senegal shows the Canadian miner could recoup its investment in less than…
Torex hits record as high-grade gold booked in Mexico
New high-grade structures discovered by Torex Gold Resources (TSX: TXG) during drilling at its ELG underground mine in Mexico could help the company achieve a goal of extending the deposit’s operating…
Critical Metals pares gains as U.S. government talks report downplayed
Critical Metals (NASDAQ: CRML) shares gave up some their early gains Monday afternoon after the White House shot down reports that it is considering buying a stake in the rare…
Red Pine books near-surface gold at Wawa project
Red Pine Exploration (TSXV: RPX; US-OTC: RDEXF) said new drilling at the past-producing Wawa project in Ontario showed the presence of near-surface gold near a potential open pit. The stock…
AbraSilver jumps to record on Diablillos drilling results
AbraSilver Resource (TSX: ABRA; US-OTC: ABBRF) stock closed at an all-time high Tuesday after the miner said new drilling at its flagship Diablillos project in northwestern Argentina showed the presence…