Ascot soars on $40M Premier gold restart plan in BC
Ascot Resources (TSX: AOT; US-OTC: AOTVF) said on Monday it plans to raise at least $40 million to get its Premier gold project in British Columbia’s Golden Triangle back on…
Canada
Azimut CEO hails James Bay nickel discovery at Kukamas among career best
The Perseus nickel discovery Azimut Exploration (TSXV: AZM; US-OTC: AZMTF) announced late last month on its Kukamas property ranks among the top of CEO Jean-Marc Lulin’s 35-year career, he says….
Northern Graphite to double output in Quebec
Northern Graphite (TSXV: NGC; US-OTC: NGPHF), the continent’s only graphite producer, plans to around double production capacity at its Lac des Iles plant in Quebec to meet higher demand for…
Sitka drills deep visible gold to expand Yukon project
Sitka Gold (TSXV: SIG; US-OTC: SITKF) says new assays showing mineralization at depth “significantly” expand the Blackjack deposit at its RC project in the Yukon. Drill hole DDRCCC-24-068 returned 678.1 metres…
Nuvau plans IPO to revive copper-zinc project in Quebec
Quebec-focused Nuvau Minerals aims to go public this month, a move it says will help it access provincial government support for exploration and development of its past-producing Bracemac McLeod copper-zinc…
How resource ‘classification debt’ chips away at miners’ growth and investor trust
Over the past decade, resource misclassification has saddled the mining industry with a costly problem. It’s one Guy Desharnais, Osisko Gold Royalties’ (TSX: OR; NYSE: OR) vice-president for project evaluation,…
G Mining-Reunion Gold spinout Greenheart raises $36M for exploration
Greenheart Gold (TSXV: GHRT) shares gained 10.5% Friday after it said it had closed a $36-million, upsized private placement to fund exploration at its projects in the Guiana Shield. The…
West Red Lake raises $73M for Madsen mine restart
West Red Lake Gold Mines (TSXV: WRLG) is set to raise about $73 million to help fund the proposed restart of its Madsen mine in Ontario, which it says remains…
Equinox Gold stock drops on lower production guidance for Greenstone mine
Equinox Gold (TSX: EQX; NYSE: EQX) shares fell on Thursday after it reported output would be almost 37% lower this year amid the ramp-up towards commercial production at its new…
Wesdome Gold on course for record production year
Wesdome Gold Mines (TSX: WDO; US-OTC: WDOFF) reaffirmed on Thursday that the company remains on track for a record year of production following the release of its third-quarter operational results….
Vision Blue grants Cornish Metals £7 million backing
Cornish Metals (TSXV: CUSN; LSE: CUSN) has received a £7-million (around US$9 million) credit facility from shareholder Vision Blue Resources, to help it reopen the South Crofty tin mine in…
Site visit: Liberty Gold fast tracks past-producing Black Pine in Idaho
Salt Lake City, Utah – Liberty Gold’s (TSX: LGD) vice-president of exploration, Peter Shabestari, skillfully navigates steep turns around sheer rock faces at the company’s Black Pine Mountain gold project…