As global financial markets began to melt down in response to the coronavirus pandemic, SilverCrest Metals (TSX: SIL; NYSE-A: SILV) inked a $75 million bought-deal financing on March 11 that was underwritten by a banking syndicate led by National Bank …
SilverCrest weighs legal options after underwriter bails on financing Read More »
VANCOUVER – B2Gold issued a statement saying that even though it hasn’t shut down operations due to the COVID-19 pandemic, it has put measures in place and introduced additional precautionary steps to manage and respond to the risks associated wi…
GOLD: B2Gold implements precautionary measures at mine sites Read More »
QUEBEC – Noveau Monde Graphite has released updated resources for the West Zone deposit at its Matawinie graphite project, 150 km north of Montreal. Updated measured and indicated resources increased by 25%, to 120.3 million tonnes grading 4.26% carbon…
GRAPHITE: Noveau Monde grows Matawinie resources Read More »
NEVADA – As its Pumpkin Hollow underground mine ramps up to commercial production, Nevada Copper has entered into non-binding arrangements for a balance sheet strengthening package. The company is working to reach binding agreements in the next two wee…
COPPER: Nevada Copper looks to strengthen balance sheet Read More »
ONTARIO – First Cobalt has announced that the feasibility study on an expansion of its Ontario refinery will be complete in the coming weeks. It is also in discussions with potential automotive off-take partners looking for a North American source̷…
COBALT: Refinery expansion study on track, says First Cobalt Read More »
TORONTO – With mining majors suspending expansion plans, ramping down operations and temporarily closing down head offices in response to Covid-19, development and exploration companies are also taking precautionary measures to prevent potential spread…
GOLD: Troilus, Marathon reduce site activity due to Covid-19 threat Read More »
GHANA – Russian gold producer Nordgold announced that it has acquired a relevant interest in 98.4 million shares of Cardinal Resources, which gives the company voting power in approximately 19.9% of the total share capital outstanding. In a press…
GOLD: Nordgold interested in Cardinal’s Ghana project Read More »
As Euro Manganese (TSXV: EMN) advances feasibility studies at its wholly owned Chvaletice manganese project about 90 km east of Prague in the Czech Republic, it has also been lining up potential customers for planned output from its demonstration plant…
Euro Manganese queues up customers for Czech facility Read More »
SASKATCHEWAN – A pre-feasibility study (PFS) released by Foran Mining for its wholly owned McIlvenna Bay project suggests a 3,600 t/d underground mine with on-site processing and tailings storage shipping copper and zinc concentrates to offsite smelter…
ZINC-COPPER: Foran tables PFS for McIlvenna Bay Read More »
ONTARIO – Treasury Metals and Platinex have entered into a non-binding agreement to consolidate their adjoining properties in northern Ontario’s prospective Shining Tree district. Under the agreement, Treasury would transfer its wholly owned 50.5-sq.-k…
GOLD: Treasury, Platinex to consolidate Shining Tree properties Read More »
