TORONTO – Revival Gold has announced a $13 million (upsized from $10 million) bought deal financing, led by BMO Capital Markets as the sole underwriter. The offering includes 11.9 million units, sold at $1.1 each, raising $13 million. Each unit…
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GOLD: Revival Gold raises $13M for Beartrack-Arnett in upsized bought deal Read More »
NICARAGUA – Mako Mining has released the results of 12 holes completed as part of the company’s definition drill program around the West Pit area at its San Albino gold project, 173 km north of the capital city of Managua.…
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GOLD: Mako progresses definition drill program at San Albino Read More »
U.S. firms have been atop the industry pursuing precious metals across the globe. The Northern Miner presents its top-10 list of U.S.-based, mid-tier and junior precious metals companies by market cap as of mid-July. 1. Coeur Mining Market cap: US$1.44…
Top 10 US-based mid-tier and junior precious metals companies Read More »
BRAZIL – Appian Capital announced on Tuesday the first blast at the privately held Serrote copper-gold project in Alagoas, Brazil. According to Appian, the pre-stripping program has now handled over one million tonnes of material. Construction an…
COPPER-GOLD: Vale Verde and Appian report first blast at Serrote Read More »
TORONTO – Based on the strong economics of the Phase III Expansion study for the Island Gold mine in Ontario, which includes a new 1,373-metre shaft, Alamos Gold announced that it is proceeding with an expansion of the underground mine…
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GOLD: Alamos proceeds with Island Gold shaft expansion Read More »
QUEBEC – Nouveau Monde Graphite (NMG) has announced a $20-million financing with The Pallinghurst Group to advance its Matawimine graphite property, as well as for general working capital purposes. The deal includes a $15-million convertible bond subsc…
GRAPHITE: Nouveau Monde announces $20M financing deal with Pallinghurst Read More »
YUKON – After declaring commercial production at the Eagle mine earlier this month, Victoria Gold has provided production guidance for the second half of this year – it expects to generate 85,000 oz. to 100,000 oz. of gold in the…
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GOLD: Victoria to produce 85,000 to 100,000 oz. of gold in H2 of 2020 Read More »
While mining is best known for supplying the world with precious and base metals, technology metals – such as lithium, cobalt and transition metals – are needed for advanced applications, such as electric vehicle batteries, superalloys and within consu…
Technology Metals Snapshot: Eight juniors developing next generation metals Read More »
Antofagasta’s (LSE: ANTO) Twin Metals Minnesota has received formal notice that its planned copper-nickel-cobalt-platinum metals mine will be assessed through a federal environmental review. The U.S. government’s Bureau of Land Management (BLM) notifie…
U.S. government to assess Twin Metals Minnesota’s proposed mine Read More »
For emerging Canadian gold mining company Monarch Gold Corporation (TSX: MQR), 2020 has been anything but a slow period. While other sectors in the mining industry have seen their operations disrupted by the Covid-19 pandemic, the team at Monarch have&…
JV Article: Monarch Gold focused on producing 100-200,000 ounces of gold annually Read More »
