Explorer and mine developer Diamond Fields Resources, which has assets in Madagascar and Namibia, has signed a binding term sheet to raise C$1-million in working capital from nonexecutive chairperson Albert Gourley and major shareholder Spirit Resource…
Diamond Fields raises C$1m Read More »
Mexico-focused First Majestic Silver boosted its production by 15% in 2019 to 25.6-million silver-equivalent ounces (SEO). This was also at the top end of its 24.4-million to 26-million SEO guidance.
Silver production reached 13.2-million ounces, repr…
First Majestic produces at top-end of guidance Read More »
Canadian miner Eldorado Gold has made a new high-grade gold discovery at its Lamaque operations, near Val d’Or, Quebec, and has delayed the preliminary economic assessment (PEA) to include the new zone.
Called the Ormaque zone, the new discovery is lo…
Eldorado makes new high-grade discovery at Canada mine Read More »
TSX-V-listed First Cobalt has announced a new high-grade mineral resource estimate for the Iron Creek project, in Idaho, US, following an infill drill programme focusing on converting inferred resources to indicated resources.
The infill drilling and …
First Cobalt upgrades cobalt resource at Idaho project Read More »
The baseline environmental assessment of the Kun-Manie nickel/copper sulphide project, in the far east of Russia, has been filed and approved by government agencies.
The baseline environmental assessment has to be included in the TEO, which is the Rus…
Kun-Manie baseline enviro assessment approved Read More »
TSX-V-listed Dixie Gold has expanded its district-scale exploration project situated in the emerging Dixie gold district near Red Lake, Ontario.
The corporation has purchased 197 mining claims covering about 4 011 ha of additional exploration rights, …
Dixie adds more claims to Red Lake project Read More »
GOLD
Proxy firms recommend Continental shareholders vote for Zijin deal
The two independent proxy firms have recommended that shareholders in Continental Gold vote in favour of Chinese gold major Zijin Mining’s acquisition of the company.
Zijin is of…
Proxy firms recommend Continental shareholders vote for Zijin deal Read More »
Project generator Mirasol Resources has signed an option agreement with subsidiaries of global major Newmont to acquire the Inca gold project, in northern Chile.
The agreement will add to Mirasol’s portfolio a district-scale and underexplored, interme…
Mirasol takes option on Newmont’s Inca project Read More »
Royalty and streaming company Maverix Metals has received a $12-million cash injection as part of its acquisition of the royalty portfolio of gold miner Kinross Gold.
As part of the deal, first announced last month, certain royalties in the portfolio …
Maverix nets $12m in cash from Kinross royalty deal Read More »
Clean Air Metals, which will emerge from the reactivation of the inactive TSX-V-listed Regency Gold, is consolidating its position in the Thunder Bay region of Ontario.
The company, whose chairperson designate is the former CEO of North American Palla…
Clean Air consolidates two Thunder Bay properties Read More »
