Finland-focused junior miner Nordic has entered into an agreement to settle the debts it owes to Pandion Mine Finance, paving the way to return the idled Laiva gold mine to production.
The mine was placed on care-and-maintenance in February, after Nor…
Nordic debt agreement paves way for Finland mine restart Read More »
Quebec explorer and developer Nippon Dragon Resources has announced that it is restarting development work at its Rocmec 1 gold property, which it will use as a showcase for thermal fragmentation technology.
The company will employ its patented mining…
Nippon to showcase thermal fragmentation technology at Quebec mine Read More »
Canadian lithium project developer Nemaska Lithium appears confident that it will close a C$600-million investment deal with global investor Pallinghurst Group to complete the over-budget Whabouchi mine and Shawinigan electrochemical plant in Quebec.
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Nemaska and Pallinghurst aim to complete investment by year-end Read More »
Aim-listed mining company Vast Resources is in the process of finalising the documentation for a $13.5-million financing facility, it said on Tuesday.
In an update to the market, the company said that a further announcement would be made “shortly”.
Vast finalising $13.5m financing facility Read More »
The Amaruq satellite deposit at the Meadowbank Complex, in Nunavut, has achieved commercial production, gold mining company Agnico Eagle reported on Monday.
Development of the Amaruq project approved in February 2017 as a satellite deposit to supply o…
Agnico achieves commercial production at Amaruq, Meadowbank guidance lowered Read More »
American Indian and minority-owned Navajo Transitional Energy Company (NTEC) has received a final approval for its acquisition of three coal mines in Montana and Wyoming.
The US District Court of Delaware last week approved the sale of substantially a…
Navajo Transitional buys Cloud Peak mine assets Read More »
Toronto-listed Euro Sun Mining on Monday announced that it would buy Vilhelmna Minerals – an Ontario-based company that holds 46.9% ownership interest in a private Swedish firm with interests in past producing mines in Sweden and Norway.
“Sweden and N…
Euro Sun expands into Sweden and Norway Read More »
Base metals miner Hudbay has appointed Stephen Lang as its chairperson to succeed Alan Hibben, who will resign as chairperson, but remain on the company’s board. Lang is the former CEO of Canadian miner Centerra and also served as that company’s chairp…
Stephen Lang to chair Hudbay board, CEO search continues Read More »
Canadian mining firm Fortune Minerals has cut back plans for the Nico cobalt/gold/bismuth/copper project in the Northwest Territories, reporting on Thursday that the current cobalt price environment did not justify the expanded throughput rate that it …
Fortune trims plans for Canada cobalt project Read More »
TSX-V-listed Noble Mineral Exploration has announced that it will create a new nickel company – Canada Nickel – to consolidate and own the Crawford nickel/cobalt sulphide project, in Ontario.
Noble has also committed C$5-million in financing to Canada…
Ex-RNC CEO to lead new Canada nickel company Read More »
