Australia-based Tempus Resources (ASX: TMR) has raised A$4 million (US$2.6 million) in a private placement to fund exploration work at its Blackdome-Elizabeth project in B.C., Canada and at its Zamora…
The S&P/TSX Composite Index rose 1.39% to 14,620.30 during the April 27-May 1 trading week. The Global Mining Index fell 0.81% to 82.25 and the Global Base Metals Index climbed…
The flurry of M&A transactions last year brought a much-awaited consolidation of the global gold sector. It also brought significant changes to the Canadian mining landscape: Newmont’s (NYSE: NEM) takeover…
Bluestone Resources (TSXV: BSR; US-OTC: BBSRF) has entered into a US$30 million credit facility led by the French financial services firm Natixis. “We were very pleased to receive support from…
Lundin Gold (TSX: LUG) has reported that the ramp up of its Fruta del Norte gold mine and plant is on schedule and within budget. The mine – Ecuador’s first…
The mining industry had its share of tragedy this year starting in January with the murder of Canadian geologist Kirk Woodman in Burkina Faso and Vale’s tailings dam disaster in…
More than a decade since Ecuador opened its doors to mining, the Andean country is beginning to see the results. In July, production began at the country’s first large-scale mining…
Underground mine development is on schedule and, at planned rates, Lundin Gold ( TSX: LUG) expects to reach the ore body at its Fruta del Norte project in Ecuador during…
Higher commodity prices have a brought a fresh wave of exploration and pilot-stage mining to South America by Canadian-based juniors. While gold projects remain a favourite, silver and lithium are…
Strategic private placements, private equity and joint-venture partnerships are playing a bigger role in financing exploration and development projects in the mining sector, a group of Canadian bankers agreed during…
Since signing an earn-in agreement with Salazar Resources (TSXV: SRL) last September, Adventus Zinc (TSXV: ADZN) has updated the resource on its El Domo copper-gold-zinc deposit at the Curipamba project…
Newcrest Mining (TSX: NCM), Australia’s largest-listed gold producer, is investing US$250 million for a 27.1% stake in Lundin Gold (TSX: LUG), a Canadian junior whose Fruta del Norte gold mine…
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