Agnico boosts stake in Maple Gold as companies end Quebec JV
Agnico Eagle Mines (TSX: AEM; NYSE: AEM) has raised its stake in Maple Gold Mines (TSXV: MGM) to just under 20% after the companies ended their 50-50 joint venture at…
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Contango to pour first gold from Alaska mine on July 8
Contango Ore (NYSE-A: CTGO) said on Tuesday that the Manh Choh mine in Alaska will pour its first gold on July 8 at the Fort Knox mill. The mine, a 70-30…
Newmont sole miner on Time mag’s top 100 green firms
TIME and Statista held companies to high standards for their Scope 1 and 2 emissions and energy consumption relative to company size, emissions reductions in 2021 and 2022.
Kenorland targets gold, lithium in first Ontario exploration program
Kenorland Minerals (TSXV: KLD) said Monday it has started exploration in northwestern Ontario’s Red Lake district and Wabigoon subprovince. The work involves multiple regional-scale surface exploration programs at its South…
LithiumBank reports largest lithium brine resource in North America at Alberta project
Canadian explorer LithiumBank Resources (TSXV: LBNK; US-OTC: LBNKF) has tabled the largest known lithium-brine resource in North America at its Park Place project in Alberta as it targets an initial…
Paladin Energy to acquire Fission Uranium for $1.1B in all-stock deal
Fission Uranium (TSX: FCU; US-OTC: FCUUF) has agreed to be acquired by Australia’s Paladin Energy (ASX: PDN; US-OTC: PALAF) in an all-stock agreement valued at about $1.1 billion. The acquisition…
Sitka buys Victoria Gold’s abutting Clear Creek in Yukon
Sitka Gold (TSXV: SIG) (OTCQB: SITKF) is expanding in the Yukon by acquiring the adjoining Clear Creek property from Victoria Gold (TSX: VGCX) in a cash and shares deal valued…
Gowest Gold to go private in deal that includes China-based investors
Citing tough financing markets, Canadian gold explorer Gowest Gold (TSXV: GWA) has agreed with a group of existing shareholders that collectively hold 91.5% of the company’s outstanding share capital to…
Friedland, McEwen back Power Nickel’s oversubscribed $20M funding
Canadian explorer Power Nickel (TSX-V: PNPN) has closed its recent $20 million “oversubscribed” financing round backed by billionaire investor Robert Friedland and mining veteran Rob McEwen. The Toronto-based junior said…
Beaty optimistic on Mexico ahead of cross-Canada bike trip to Equinox Gold’s mine opening
Mexico’s new leader is an improvement while Canada should be careful in blocking Chinese investment, according to Ross Beaty, the Canadian Mining Hall of Famer who founded Pan American Silver…
Copper price slides from record on Chinese stockpiles
The price of copper has slid from its record high after China’s real estate turmoil increased storage of the wiring and plumbing metal. A pound of copper was at US$4.376…
Nations Royalty listing marks Indigenous milestone
The Frank Giustra-backed Nations Royalty (TSXV: NRC), which may be the country’s first Indigenous company to focus on production contracts like net smelter returns, joined the Toronto Venture exchange on…