RED LAKE – Pure Gold Mining’s 30,000-metre program at the PureGold Red Lake mine has returned high-grade results from underground, which extend near-term stopes and suggest new zones of gold mineralization. The company’s latest release includes the ass…
GOLD: Pure Gold reports high grade step-outs from Red Lake Read More »
Monarch Gold (TSX: MQR) has reported high-grade drill results from the central part of its wholly-owned McKenzie Break gold project, 35 km north of Val-d’Or, Quebec. Highlights from the drill program include drill hole 20-255, which intersected 14 metr…
Monarch hits high-grade gold at McKenzie Break Read More »
QUEBEC – Newly formed royalty and streaming co. Nomad Royalty has entered into a royalty purchase agreement with a private vendor to acquire a 1% net smelter return (NSR) royalty on a portion of Troilus Gold’s Troilus Gold project for…
The post G…
GOLD-COPPER: Nomad to acquire royalty on Troilus gold project Read More »
First Cobalt (TSXV: FCC) is moving directly into an expansion scenario for its permitted cobalt refinery in Ontario after conducting a detailed engineering study on the facility. The company said on July 22 that this plan could save millions of dollars…
First Cobalt goes ahead with refinery expansion plan Read More »
GHANA – Australia-based Cardinal Resources announced on Wednesday it has received an improved takeover offer from China’s Shandong Gold. The new proposal from Shandong Gold follows a recent takeover bid launched by Russia’s Nordgold, whose chairm…
GOLD: Shandong Gold ups offer for Cardinal Read More »
NEWFOUNDLAND – Step-out drilling at Marathon Gold’s Valentine gold project has extended the Berry zone to the northeast, to a drill-tested strike of 450 metres. The company’s latest release includes the assays from 10 holes completed at the Berry area,…
GOLD: Marathon hits 120 metres of 3.33 g/t gold in Valentine step-out Read More »
TORONTO – Gold-focused producer Karora Resources has announced the sale of its 28% interest in the Dumont nickel project in Quebec to two private funds advised by Waterton Global Resource Management, for a total of up to $48 million. As…
The post…
NICKEL: Karora sells Dumont interest in Waterton deal Read More »
ONTARIO – Pure Gold Mining has received an amended air and noise permit for its PureGold mine in Red Lake, which features a processing production limit of up to 1,089 tonnes per day. The amended environmental compliance approval specifies the…
Th…
GOLD: Pure Gold receives amended air and noise permit ahead of Q4 production Read More »
The U.S. is fertile ground for a variety of minerals, and Canadian companies are active throughout the country. The Northern Miner presents its top 10 list of the biggest Canada-based firms with substantial assets in the U.S., by market capitalization,…
Top 10 Canada-based companies with substantial US assets Read More »
TORONTO – Iamgold and 30% joint-venture partner Sumitomo Metal Mining have decided to move ahead with their Côté gold project in northern Ontario. Construction at the US$1.3 billion, open-pit project is slated to begin in the third quarter, with commer…
GOLD: Iamgold gives Côté the green light Read More »
