Newmont prices Red Chris expansion at up to $4.8B
Newmont (NYSE, ASX: NEM) put a price of up to $4.8 billion (C$6.4 billion) on taking its Red Chris copper-gold mine underground in British Columbia, with commercial production targeted for…
Canada
New Found Gold doubles Queensway valuation to $1.7B
New Found Gold (TSX, NYSE-A: NFGC) has more than doubled the projected value of its Queensway gold project in Newfoundland to C$1.73 billion while expanding measured and indicated resources by…
Moon River lifts Davidson value to $1.2B, tungsten output jumps
A new study from Moon River Moly (TSXV: MOO; US-OTC: MRIVF) raises the estimated value of its Davidson molybdenum-copper-tungsten project in British Columbia by 20% and more than quadruples tungsten…
Mining Forum video: B2Gold looks beyond Goose setbacks to cash growth
B2Gold (TSX: BTO; NYSE-A: BTG) aims to turn its troubled Goose mine in Nunavut into a 300,000-oz.-a-year gold producer once crushing upgrades are complete, President and CEO Mike Cinnamond says….
Boroo signs $140M deal for Yukon Eagle gold mine
Private entity Boroo has agreed to acquire Victoria Gold for up to $140 million (about US$100 million), advancing plans to potentially rehabilitate and restart its Eagle gold mine more than…
Ottawa finally matches $1B Ring of Fire funds
Ottawa has pledged up to $1 billion (US$712 million) to help build roads into Ontario’s Ring of Fire, backing a long-delayed route to undeveloped critical mineral deposits. The three-year commitment,…
Liberty Gold stretches Black Pine’s reach in Idaho
Liberty Gold (TSX: LGD; US-OTC: LGDTF) has drilled gold beyond the resource boundary at its Black Pine project in Idaho, outlining an extension that could increase the site’s resources. Drill…
Mining Forum video: Majors are waking up to discoveries, fund manager says
Commodity Discovery Fund founder Willem Middelkoop is targeting new discoveries and mines nearing production to capture gains from a commodities rally he says could last for decades. The Netherlands-based fund,…
Hudbay, Mitsubishi OK $2.1B Copper World project
Hudbay Minerals (TSX, NYSE: HBM) and Japan’s Mitsubishi have approved construction of the $2.1-billion (C$2.9 billion) Copper World project in southern Arizona despite a 59% surge in construction costs. Scope…
Endurance Gold expands Reliance zones amid PEA work
Endurance Gold (TSXV: EDG; US-OTC: ENDGF) intersected fresh gold-antimony areas at its Reliance brownfield project in British Columbia, as the company works to build on an initial 1.45-million oz. gold…
Magna targets late-2027 ore sales at Crean Hill
Magna Mining (TSX: NICU; US-OTC: MGMNF) on Tuesday approved construction to start next year at its past-producing Crean Hill project in Ontario, advancing plans to become a three-mine producer in…
Summit video: Kodiak tests how much bigger MPD resource can get
Kodiak Copper (TSXV: KDK; US-OTC: KDKCF) is targeting a larger resource at its MPD copper-gold project in southern B.C. by March, CEO Claudia Tornquist says. Recent drilling at the Ketchan…