Argonaut Gold doubles share count with $195M equity raise for Magino
Argonaut Gold (TSX: AR) has closed an offering of 434 million common shares at 45¢ apiece for gross proceeds of $195.3 million, part of an effort to finance construction of…
Articles by Blair McBride
Construction, first gold gold pour delayed at Premier as Ascot seeks financing
The first gold pour at Ascot Resources’ (TSX: AOT) Premier gold project in northwestern British Columbia will be delayed by more than one year due to financing issues. On Thursday,…
The view from England: Cost of capital is rising but perspective required
Fuelled by the war in Ukraine and ongoing Covid-19 shutdowns, inflation is rising globally. To combat the threat, central banks around the world have been increasing interest rates. Canada’s consumer…
Fireweed Zinc to acquire Mactung Tungsten site in NWT for $15M
Fireweed Zinc (TSXV: FWZ) has inked a binding Letter of Intent (LOI) to acquire a 100% interest in the Mactung Tungsten Project in Yukon and the Northwest Territories, the company…
Mining in Africa Snapshot: Eight companies to watch
Africa is home to bountiful reserves of metals such as gold, copper, and lithium. The continent also offers mineral exploration and development companies with large areas of underexplored terrain as…
Brumadinho won’t break Vale, but the piper still hasn’t been fully paid
Vale, one of the world’s biggest producers of iron ore and nickel, has been in the news a lot lately. The Brazilian miner has been making strikes towards “green” credentials…