St Barbara raising A$110M to fast-track Simberi sulphide production
Australian gold miner St Barbara (ASX: SBM) is raising up to A$110 million at a discounted share price to fast-track the expansion of its Simberi operation in Papua New Guinea…
St Barbara
Atlantic Mining to pay Nova Scotia $80M gold mine clean-up bond as it appeals conditions
The Nova Scotia subsidiary of Australia’s St Barbara (SBM:ASX) says the province has agreed to accept the remaining $38.7 million of a bond by the end of the month for cleaning…
Atlantic Mining faces $80M cleanup bond deadline amid court battle with Nova Scotia
A Nova Scotia subsidiary of Australia’s St Barbara (SBM:ASX) is scrambling to pay off a $79.9 million cleanup bill by next Tuesday for its closed Touquoy gold mine. The company,…
Atlantic Mining sees Touquoy mine as green energy hub
Atlantic Mining Nova Scotia, a subsidiary of St Barbara (ASX: SBM), has kicked off a program to explore the feasibility of converting the now closed Touquoy gold mine in Moose…
TNM Drill Down: Quartz Mountain cuts best gold assay, at Maestro project in BC
Our TNM Drill Down features highlights of the best gold assays of the April 5 – 12 period. Drill holes are ranked by gold grade x width as identified by…
St Barbara shares rise as prefeasibility puts Nova Scotia project capex at $182M
Australian miner St Barbara (ASX: SBM) announced on Tuesday the completion of a prefeasibility study giving its 15 Mile gold project, in Trafalgar, N.S. pre-production capital costs of A$207 million…
Australia’s Silver Lake ups bid for St Barbara’s Leonara by US$29M
Silver Lake Resources (ASX: SLR) isn’t giving up on St Barbara’s Leonara gold complex. The Perth-based company has submitted a third bid for the asset that increases the cash component…
St Barbara staves off Touquoy suspension with tailings dam raise approval
St Barbara (ASX: SBM) has released its fiscal 2023 guidance after receiving approval of a tailings raise for its Touquoy gold mine in Nova Scotia. The Australian miner’s consolidated gold…
Harte Gold seeks creditor protection as Silver Lake closes in
Troubled Canadian miner Harte Gold (TSX: HRT) has been granted creditor protection after putting its Sugar Zone gold mine into production without a feasibility study two years ago and later failing…
UPDATED: Osisko Mining raises $154M for Windfall, plans JV with Australia’s Northern Star
Osisko Mining (TSX: OSK) has signed an agreement with Australia’s Northern Star Resources (ASX: NST) to raise $154 million for continued work on its Windfall gold project 200 km north…
More consolidation expected as Atlantic Canada’s gold rush gathers steam
Atlantic Canada-focused gold juniors are driving an exploration boom in provinces not previously noted for their gold production. The increasing sentiment has one analyst calling for caution as the market…
Velocity Minerals eyes ‘hub and spoke’ production in Bulgaria
Aspiring precious metals developer Velocity Minerals (TSXV: VLC) recently tabled engineering study results and the latest drill assays from its 70%-owned Rozino gold deposit in southeastern Bulgaria. Rozino, the most…