Ivanhoe Electric lines up $825M loan for copper project
Ivanhoe Electric (TSX, NYSE: IE) said the United States export credit agency is interested in lending up to $825 million (C$1.15 billion) for the company’s Santa Cruz copper project in…
Mine Development
Dryden encounters ‘significant’ visible gold at Elora
Canadian junior miner Dryden Gold (TSXV: DRY; USOTC: DRYGF) says it encountered “significant” visible gold during deeper drilling at its Elora property in Ontario. The newly discovered section in hole…
Omai reports double-digit gold in Guyana
Omai Gold Mines (TSXV: OMG, OTCQB: OMGGF) says strong new assays will boost its Guyana site’s potential in a resource update due by mid-year. Hole 25ODD-101 at WeNot, one of two…
PDAC shows urgency of getting shovels in ground
Time is of the essence if miners are to deliver the minerals needed to power the energy transition. That sense of urgency was front and centre this week as Toronto…
Discovery Silver to buy Newmont’s Porcupine mine for US$425M
Newmont (NYSE: NEM, TSX: NGT) agreed to sell its Porcupine property in Ontario to Discovery Silver (TSX: DSV) for up to US$425 million in a deal poised to elevate the…