Hecla to sell Quebec mine to Orezone, focus on silver
Hecla Mining (NYSE: HL) agreed to sell its Casa Berardi gold mine in Quebec and a clutch of nearby exploration properties to Orezone Gold (TSX: ORE; US-OTC: ORZCF) for up to…
Exploration
BC adds cash to boost falling minerals claims
British Columbia has committed an additional $3 million to bolster mineral claims after reporting the amount of new staking fell 29% last year. Under the initiative, which was announced on…
Zijin agrees to buy Canada’s Allied Gold for $4B in cash
Zijin Gold agreed Monday to buy Canada’s Allied Gold (TSX, NYSE: AAUC) in a friendly all-cash transaction valued at about $5.5 billion (US$4 billion) as the Chinese miner ramps up…
Ex-Barrick Hemlo logs high-grade gold in new zone
Hemlo Mining (TSXV: HMMC) said new drilling at its namesake mine in Ontario yielded high-grade gold in a new area of the property. Highlight hole 6702503 cut almost 11 metres…
Pope Leo XIV urges ethical mining in Vatican talks
Pope Leo XIV met senior mining and energy executives at the Vatican on Saturday to press for more ethical approaches to resource extraction, signalling a shift in tone between the…
Novagold’s Donlin costs, net value jump in update
Novagold Resources (TSX: NG) says inflationary pressures mean its Donlin Gold project in Alaska will probably cost $9.2 billion (C$12.6 billion) – a 25% increase – while the value of…
YMP funds $250,000 to mining students
Andrea Ferriss is studying for a BSc (Hons) Geology at the University of Alberta to champion sustainable resource development as a priority for the industry. “I’ve chosen a career in…
CHARTS: Global mining is now a brownfield industry
The dearth of new greenfield mines – particularly copper – has been a problem for the industry for decades. A new study by the University of Queensland’s Sustainable Minerals Institute…
Osisko says new assays extend Gaspé deposit’s depths
Canadian mine developer Osisko Metals (TSX: OM; US-OTC: OMZNF) said new drilling at its Gaspé copper project in Quebec extended the deposit’s vertical depths to almost 1,000 metres. The stock…
Founders’ Lower Antino emerges as strong gold target
Drilling at Founders Metals’ (TSXV: FDR; US-OTC: FDMIF) Antino project in southeast Suriname confirms the Lower Antino target is forming as a significant gold prospect to complement the main Upper Antino…
South32 backs $35M push at Alaska copper project
The miner has signed off on a $35M work program to advance its Arctic copper project in Alaska through the Ambler JV.
Liberty Gold says Idaho project gets FAST-41 nod
Liberty Gold (TSX: LGD; US-OTC: LGDTF) said its past-producing Black Pine gold project in southeastern Idaho has joined the FAST-41 federal government program to quicken permitting. The stock surged. Black…