Yukon might assume Victoria Gold accident cleanup
The Yukon government is considering taking over the cleanup at Victoria Gold’s (TSXV: VGCX) Eagle mine as the company struggles with the scale of remediation work. Lauren Haney, deputy minister…
Gold
Zambia, US, and Canada slowest for mine development: S&P Global
According to a new report by S&P Global, the United States has the second-longest lead times in the world for developing a new mine. Mines in the U.S. go from…
ACG opts for US$290M copper mine in Turkey after dead US$1B nickel deal
ACG Acquisition (LSE: ACG), founded by a mining executive who helped create aluminum giant Rusal, is taking another stab at green metals after a US$1 billion deal last year failed to…
Video: Junior market dominated by ‘the lame, the halt and the blind,’ says Rule
Over two-thirds of today’s junior miners are essentially worthless, says resource speculator Rick Rule. The problem is the market has trouble spotting the gems with high-quality assets, which often end…
JV Video: Callinex Mines moves Pine Bay ahead in tough junior market
Callinex Mines (TSXV: CNX; US-OTC: CLLXF) released an initial resource last year for the Rainbow deposit at its Pine Bay volcanogenic massive sulphide (VMS) project in Manitoba. It then followed that…
Centamin boosts Doropo gold project economics in Côte d’Ivoire
Centamin (TSX:CEE; LSE:CEY) says its definitive feasibility study (DFS) improves the Doropo gold project in Côte d’Ivoire by reducing community impacts while returning capital to investors in about two years….
In shadow of Victoria Gold accident, workers claim lax safety culture at site
Update: Comments from the Workers’ Safety and Compensation Board were added on July 26. A landslide that’s stopped production at Victoria Gold’s (TSXV: VGCX) Eagle mine in the Yukon may…
Boyd, Roosen, Quartermain: It takes grit, invention, luck to make the big time
Perseverance, a focus on geology and financial discipline and some good breaks are what’s needed to make a mining titan, some of the industry’s leaders told a conference put on…
Ramp surges on Sprott backing for Sask. project
Ramp Metals (TSXV: RAMP) shares gained more than a quarter of their value on Wednesday after gold bug Eric Sprott invested in the Saskatchewan explorer. Sprott is the lead investor in…
Heliostar gains on Mexican mines buy
Heliostar Metals (TSXV: HSTR; US-OTC: HSTXF) is again buying assets from the former Argonaut Gold to expand in Mexico. Its shares rose. Vancouver-based Heliostar is negotiating with lenders for a…
Video: Seabridge Gold seeks BC OK to keep KSM permits
Seabridge Gold expects to receive the “substantial start’ designation under British Columbia laws for permits allowing KSM, the world’s largest undeveloped gold project, CEO Rudi Fronk said in an interview….
Montage Gold raises $180M from Zijin, Lundin for Koné project in West Africa
China’s Zijin Mining Group and the Lundin family are part of a $180 million capital raising to increase their stakes in Montage Gold (TSXV: MAU; US-OTC: MAUTF) and advance its…