Pure Gold raises $25M to ramp up Red Lake mine; AngloGold ups stake
Pure Gold (TSXV: PGM; LSE: PUR) is raising $25 million in two separate financings with which to ramp up production at its PureGold mine in Red Lake, Ontario. The company…
2022
Watch: JDS Mining CEO says inclusiveness is key to success
Full-service engineering contractor JDS Energy & Mining has developed a unique people-first approach to finding lasting solutions to industry challenges, founder and CEO Jeff Stibbard told The Northern Miner in…
Tanzanian Gold pins its hope on a three-pronged approach at Buckreef
Tanzanian Gold (TSX: TNX; NYSE: TRX) believes a three-pronged approach to developing its 2-million-ounce Buckreef project could lead to Tanzania’s next national mining success story, CEO Stephen Mullowney tells The Northern Miner. Situated about 45 km to the west of Barrick Gold’s (TSX: ABX; NYSE: GOLD) Bulyanhulu gold mine and nearly…
New Age Metals, Nipissing FN sign MOU for River Valley palladium project
New Age Metals (TSXV: NAM; US-OTC: NMTLF) has signed a memorandum of understanding (MOU) with the Nipissing First Nation. The agreement covers the exploration of New Age Metals’ River Valley…
Osisko confirms new high-grade zone at Golden Bear
Osisko Mining (TSX: OSK) continues to expand its Golden Bear discovery about 1,000 metres north of its Windfall gold project in Eeyou Istchee James Bay, Quebec. A new zone (the…
Fresnillo cuts production targets on Omicron labour shortage
Shares in Fresnillo (LSE: FRES) fell more than 14% after the Mexico-focused miner cut silver production forecast for 2022, saying that labour absences fuelled by the Omicron variant were expected…
Fission advances PLS feasibility with new drill program at Triple R
Fission Uranium (TSX: RCU; US-OTC: FCUUF) is mounting a new drill campaign at its wholly owned Triple R deposit to advance a feasibility study due out later this year. The…
Three Valley Copper suspends mining operations in Chile
Three Valley Copper (TSXV: TVC; US-OTC: TVCCF) has temporarily suspended operations at its Minera Tres Valles (MTV) complex near the city of Salamanca in Chile due to the consistent underperformance of its Don Gabriel open pit mine,…
Gowest gets $19M boost for Bradshaw from Hong Kong’s Greenwater
Greenwater Investment Hong Kong has agreed to invest $19 million in Gowest Gold (TSXV: GWA), sole owner of the Bradshaw gold project, 50 km northeast of Timmins, Ont. Gowest says…
Teck to trial Jetti Resources copper catalyst
Canada’s largest diversified miner Teck Resources (TSX: TECK.B; Nasdaq: TECK) has started trialling Jetti Resources’ proprietary chemical catalyst at its copper assets. The technology is said to have the potential…
JV Article: Solaris Resources makes new discovery at Warintza in Ecuador
Canadian explorer Solaris Resources (TSX: SLS; US-OTC: SLSSF) has made a significant new discovery at its 100%-owned flagship Warintza copper-gold project in southeastern Ecuador, about 100 km south of the city of…
Lithion to raise $125M for battery recycling in Quebec
Lithion Recycling has closed the first tranche of a financing that could provide $125 million toward the company’s first lithium-ion battery cycling plant in Quebec. The Series A equity financing…