Klondex spinoff Havilah Mining begins trading
With Hecla Mining‘s (NYSE: HL) takeover of Klondex Mines now completed, the resulting Klondex spinoff company Havilah Mining (TSXV: HMC) has started trading as of July 25, with its primary listing…
Fast News
Fraser Institute says Canada ‘taking longer’ to give exploration permits
A new study on mining and investment by the Fraser Institute claims investors are losing confidence in the permitting process for mineral exploration in many Canadian provinces. The Canadian think…
Ecuador eases rules on early-stage exploration drilling
Ecuador’s Minister of Energy and Non-Renewable Natural Resources says holders of mining concessions can now drill on early-phase exploration projects in the country. Previously, drilling was only permitted during the…
Western Atlas Resources founder and CEO boosts stake in company
President and CEO Fabio Capponi of Western Atlas Resources (TSXV: WA) has increased his stake in the company to 23.37%, or 13.67 million common shares. The junior exploration company with…
Nutrien sells Arab Potash stake
Nutrien (TSX: NTR, NYSE: NTR) is selling its 28% stake in Arab Potash to China’s State Development and Investment Corp. for $502 million. The sale of Arab Potash was required…
Barrick president Kelvin Dushnisky to join AngloGold Ashanti as CEO
Barrick Gold (TSX: ABX; NYSE: ABX) president Kelvin Dushnisky is leaving the company at the end of August to join AngloGold Ashanti (NYSE: AU) as CEO. Dushnisky joined Barrick in…
Harte Gold reports new mineralization at Sugar
Harte Gold (TSX: HRT; US-OTC: HRTFF) says it has found a new mineralized zone at its Sugar project, 80 km east of the Hemlo gold camp. Drilling in the new…
Nemaska Lithium near offtake deal with Northvolt
Nemaska Lithium (TSX: NMX; US-OTC: NMKEF) is in the final stages of completing an offtake deal for battery grade lithium hydroxide with Northvolt, a company set up by two former…
Tango Mining recovers 42.25 carat diamond from Oena
Vancouver-based Tango Mining (TSXV: TGV) has recovered a 42.25 carat diamond from run of mine gravel at the Oena diamond mine in westernmost South Africa. Tango plans to sell the…
Banyan arranges nearly $1M financing
Banyan Gold (TSXV: BYN; US-OTC: BYAGF) has arranged a $931,000 private placement with insiders participating for $112,000, or 12%. It closed the private placement’s first tranche, worth half a million…
Tajiri raises $1.9M for work at Reo in Burkina
Vancouver-based Tajiri Resources (TSXV: TAJ) has closed a $1.9 million financing, with the net funds to be directed towards licensing and exploration at its newly acquired, grassroots Reo gold project…
Another management change at Roxgold, with Sapuppo to become CFO
In its third management change in as many months, Roxgold (TSX: ROXG) has appointed a new chief financial officer. Roxgold’s current CFO — Natacha Garoute — will stay in the…