Founders Metals hits new high on Antino results
Shares of Founders Metals (TSXV: FDR; US-OTC: FDMIF) surged to a record intra-day high Monday after the company announced promising assay results from its 2024 drill program at its flagship Antino…
Canada
Karora shareholders back Westgold Merger
Shareholders of Canada’s Karora Resources (TSX: KRR; US-OTC: KRRGF) have voted nearly unanimously in favour of a A$1.23 billion (US$817 million) acquisition by Australia’s Westgold Resources (ASX: WGX). The final…
USGS issues first earthquake risk study on commodities
Scientists with the United States Geographical Survey, a government research agency, have developed a new scientific assessment of how earthquakes threaten worldwide mineral commodity supplies. The methodology was developed…
Video: Targa bets on Opinaca gold discovery as lithium focus dims
The record gold price has prompted Canadian-focused Targa Exploration (CSE: TEX; US-OTC: TRGEF) to change tack, CEO Cameron Tymstra said in an interview. Targa acquired the Opinaca project in Quebec…
Yukon might assume Victoria Gold accident cleanup
The Yukon government is considering taking over the cleanup at Victoria Gold’s (TSXV: VGCX) Eagle mine as the company struggles with the scale of remediation work. Lauren Haney, deputy minister…
Zambia, US, and Canada slowest for mine development: S&P Global
According to a new report by S&P Global, the United States has the second-longest lead times in the world for developing a new mine. Mines in the U.S. go from…
Dull diamond market hinders Anglo’s sale of De Beers
Anglo American (LSE: AAL) revealed on Thursday it could cut diamond production once again amid persistent market challenges, complicating its plan to sell its De Beers unit as part of…
JV Video: Callinex Mines moves Pine Bay ahead in tough junior market
Callinex Mines (TSXV: CNX; US-OTC: CLLXF) released an initial resource last year for the Rainbow deposit at its Pine Bay volcanogenic massive sulphide (VMS) project in Manitoba. It then followed that…
Microsoft invests in Ontario-based rare earths recycling company
Cyclic Materials has received an equity investment from Microsoft’s Climate Innovation Fund, which is dedicated to accelerating technology development and deployment of new climate innovations. This investment is representative of…
In shadow of Victoria Gold accident, workers claim lax safety culture at site
Update: Comments from the Workers’ Safety and Compensation Board were added on July 26. A landslide that’s stopped production at Victoria Gold’s (TSXV: VGCX) Eagle mine in the Yukon may…
Boyd, Roosen, Quartermain: It takes grit, invention, luck to make the big time
Perseverance, a focus on geology and financial discipline and some good breaks are what’s needed to make a mining titan, some of the industry’s leaders told a conference put on…
Ramp surges on Sprott backing for Sask. project
Ramp Metals (TSXV: RAMP) shares gained more than a quarter of their value on Wednesday after gold bug Eric Sprott invested in the Saskatchewan explorer. Sprott is the lead investor in…