SQM reports lower profits on weak lithium price
Sociedad Quimica y Minera or SQM (NYSE: SQM), the world’s second-largest lithium producer, continues to suffer from sustained weak prices for the metal used in batteries that power electric vehicles…
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Wallbridge acquires Balmoral in $110M all-share deal
Developer Wallbridge Mining (TSX: WM) has announced plans to acquire explorer Balmoral Resources (TSX: BAR) in an all-share deal worth $110 million, consolidating the Fenelon gold property, within the Abitibi greenstone…
Alrosa steps up efforts to brighten up fluorescent diamond sales
Alrosa, the world’s top diamond miner by volume, is betting on a new strategy to boost its sales amid an industry-wide slowdown that has hit small companies the hardest. The…
Canada Nickel tables maiden Crawford resource
A day after its shares started trading on the TSX Venture Exchange, Canada Nickel Company (TSXV: CNC) released a maiden resource estimate for the wholly-owned Crawford nickel-cobalt sulphide project near…
Rockcliff updates Tower and Talbot resources
Rockcliff Metals (CSE: RCLF) has released resource updates for the Tower and Talbot volcanogenic massive sulphide (VMS) deposits within the Flin Flon-Snow Lake greenstone belt in Manitoba. At its wholly-owned…
AJN Resources yields to Barrick pressure, won’t buy into Kibali mine
AJN Resources (TSXV: AJN) has dropped plans to acquire 10% of the Kibali gold mine in the Democratic Republic of Congo from state-owned Société Minière de Kilo-Moto (SOKIMO), after facing…
AI pays off for Yamana, Goldspot at El Penon
GoldSpot Discoveries (TSXV: SPOT) issued a statement commending Yamana Gold (TSX: YRI; NYSE: AUY) for using machine learning technology to improve exploration targeting and contribute to meaningful increases in mineral…
Monarch discovers high-grade zone at McKenzie Break
The latest drill results from Monarch Gold’s (TSX: MQR) McKenzie Break gold property, 25 km north of Val d’Or, Que., suggest a new high-grade zone of gold mineralization to the…
Galway grows Clarence Stream in New Brunswick
Galway Metals (TSXV: GWM) has released drill results from its 605-sq.-km Clarence Stream gold project in New Brunswick, which narrows the gap between the Richard and Jubilee zones down to…
Excellon to acquire Otis in all-share deal
Silver producer Excellon Resources (TSX: EXN) has announced plans to acquire developer Otis Gold (TSXV: OOO) in an all-share deal worth an estimated $32.3 million, based on recent closing stock prices. Excellon’s main…
Canada no longer top mining investment destination, Fraser Institute says
For the first time in a decade, there are no Canadian jurisdictions in the Fraser Institute’s top 10 investment destinations, based on the 2019 annual survey of mining and exploration companies….
Corvus gets positive results at Mother Lode
Infill drilling at Corvus Gold’s (TSX: KOR) Mother Lode deposit has intercepted high-grade mineralization over a broad area. Highlights include 88.4 metres of 1.92 grams gold per tonne and 56.4 metres…