ONTARIO – First Mining Gold has released an update on the progress of a prefeasibility study (PFS) and permitting at its 419-sq.-km Springpole gold project in northwestern Ontario. The company now expects results of the PFS to be released early…
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GOLD: Springpole PFS expected in early 2021, says First Mining Read More »
QUEBEC – Infill drilling at Osisko Mining’s Windfall gold project within Quebec’s Abitibi greenstone belt continues to return multiple high-grade intervals. The company’s latest release includes a total of 90 intercepts. Drill highlights from the Lynx …
GOLD: Lynx infill work delivers high grades for Osisko Read More »
NUNAVUT – TMAC Resources has released key results from a prefeasibility study completed for its wholly owned Hope Bay property, which includes an operating mine. Last year, Hope Bay produced 139,510 oz.; with release of its fourth quarter operating res…
GOLD: TMAC releases Hope Bay PFS with new 4,000 t/d plant scenario Read More »
TORONTO – Producers Argonaut Gold and Alio Gold have entered into an agreement for an all-share merger with Argonaut acquiring Alio to create a diversified intermediate company with output of over 235,000 gold-equivalent oz. annually. With a share exch…
M&A: Argonaut and Alio announce gold-focused merger Read More »
Barrick Gold (TSE: ABX; NYSE: GOLD) has unveiled a 10-year gold production plan in which it aims to maintain production levels of approximately 5 million oz. gold per year between 2020 and 2029. The plan is based on its current operating…
The pos…
Barrick updates 10-year plan Read More »
ARIZONA – Copper Fox Metals has released an updated resource for its wholly owned Van Dyke project in the Globe-Miami mining district after completing a re-assay program last year to update its geologic model. As a result, updated indicated resources&#…
COPPER: Copper Fox updates Van Dyke resources Read More »
NICARAGUA – Mako Mining has released the results of six holes drilled to test the Bayacun zone at the Las Conchitas area within the San Albino project, which intercepted high grade, gold and silver mineralization at shallow depths. Highlights include&#…
GOLD: Las Conchitas returns more gold for Mako Read More »
SASKATCHEWAN – Uranium companies Cameco and Orano Canada are suspending mining and processing activities at their operations in the northern part of the province due to the COVID-19 threat. The two companies jointly agreed to suspend production activit…
URANIUM: Cameco, Orano Canada suspending Sask. operations due to COVID-19 Read More »
Given the market volatility from the spread of COVID-19, the outlook for gold remains uncertain. Nevertheless, gold exploration and mine development remain important drivers of mining activity. Here are eight companies with exposure to gold and preciou…
Global Gold Snapshot: Eight companies to watch Read More »
ONTARIO – Northern Graphite (GRR) has announced that it will sell a 1% gross revenue royalty on its Bissett Creek project to Electric Royalties (ERL) for $500,000 in cash and 2 million common shares of ERL. Under the terms of the…
The post …
GRAPHITE: Northern Graphite secures financing for Bissett Creek Read More »
