Junior Mining News

Mergers and acquisitions in Canada stage exceptional comeback in Q1

By Cecilia Jamasmie Canadian miners are definitively back in the mergers and acquisitions (M&A) game, with the value of such transaction hitting $25 billion during the first three months of the year, or 86% more than in the same period of 2017. Deals involving critical materials for the making of batteries that power electric cars,

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Polyus expects 2018 gold output at top of forecast range

By Reuters ST PETERSBURG, May 24 (Reuters) – Polyus, Russia’s largest gold producer, said on Thursday 2018 production was likely to be at the upper end of its forecast range of 2.375-2.425 million troy ounces. Chief Executive Pavel Grachev said on the sidelines of the St Petersburg economic forum that 2018 capital expenditure would be

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Copper Mountain Releases Exploration Plans for Australia

By Scott Tibballs Copper Mountain (TSX:CMMC,ASX:C6C) has announced that the board has approved a $5 million budget for its Cloncurry project located in Queensland, Australia. The company will follow-up on drill programs from last year, and carry out supportive works on the full feasibility study on the proposed Eva Copper mine which was acquired in

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Sibanye-Stillwater accuses union of following ‘agenda’ to harm reputation

By Cecilia Jamasmie Precious metals producer Sibanye-Stillwater (JSE:SGL) (NYSE:SBGL) blasted Thursday comments made by the Association of Mineworkers and Construction Union (AMCU) accusing the company of failing to take precautions two avoid injuries at its mines. According to the union, a seismic event on May 22 caused a fall of ground at the company’s Ikamva

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SEMAFO Signs Underground Mining Services Contract with AUMS

By Nicole Rashotte SEMAFO Inc. (TSX:SMF) reported that it has signed a mining services contract with African Underground Mining Services (“AUMS”) to provide turnkey mining services for Siou underground. AUMS is a well-known and reputable mining contractor with underground experience in Burkina Faso and across Africa. As quoted in the press release: Under the mining

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Moneta Announces Drill Results at Golden Highway Project

By Nicole Rashotte Moneta Porcupine Mines Inc. (TSX:ME) announced the results from seven additional diamond drill holes completed on the south west deposit located within the company’s Golden Highway project. Highlights are as follows: Step-out drilling at South West has continued to extend the strike and depth extent of the vein structures, and two of

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