Wesdome acquires 10.6% stake in Ontario neighbour Angus Gold
Wesdome Gold Mines (TSX: WDO) is buying a 10.6% interest in Angus Gold (TSXV: GUS), whose flagship project is right next to its Eagle River mine, through participation in a…
Fast News
Sumitomo invests $14.5M for 9.9% of FPX Nickel
Sumitomo Metal Mining Canada is investing about $14.5 million in FPX Nickel (TSXV: FPX; US-OTC: FPOCF), which holds the Baptiste greenfield development project in British Columbia. The private placement of…
Uranium Energy to reboot Christensen Ranch ISR operation in Wyoming
Uranium Energy (NYSE-AM: UEC), the largest diversified uranium company in North America, is set to reboot its fully permitted, past-producing Christensen Ranch in-situ recovery (ISR) operations in Wyoming on the…
Posco, Lithium South to jointly develop Hombre Muerto project
South Korea’s Posco and Canada’s Lithium South Development (TSXV: LIS) — a junior with a $39-million market cap — have signed an agreement for the joint development of the Hombre…
Rokmaster’s Revel Ridge BC project offers 21% return
Rokmaster Resources (TSXV: RKR) says its Revel Ridge gold-silver project in southeast British Columbia may produce a double-digit return for investors, according to a preliminary economic assessment. The study…
Arizona Lithium rides momentum ahead of Prairie project PFS
Arizona Lithium (ASX: AZL) has raised A$16.5 million (US$11 million) in flow-through funding as it prepares to release results of a prefeasibility study for its Prairie lithium project in Saskatchewan….
Vale’s ex-president seeks to avoid trial for Brumadinho dam failure
Former Vale (NYSE: VALE) president Fábio Schvartsman may avoid trial for the Brumadinho tailings dam collapse that killed more than 250 people in Brazil in 2019. The executive’s defence team…
Dundee tallies 1.8M oz gold resource less than a year after Čoka Rakita discovery
Dundee Precious Metals (TSX: DPM) has released its first resource for a discovery it made less than a year ago — its Čoka Rakita project in eastern Serbia. The initial…
Fortune Minerals stock gains on government funds for NICO
Fortune Minerals (TSX: FT; US-OTC: FTMDF) shares soared on Tuesday after the Canadian miner announced government funding of up to $887,170 to help advance its longstanding NICO cobalt-gold-bismuth-copper project in…
Liontown takes next step in Olympio’s Mulwarrie lithium project
Liontown Resources (ASX: LTR) will complete a sampling program at Olympio Metals’ (ASX: OLY) Mulwarrie lithium project in the Eastern Goldfields of Western Australia before deciding whether to earn a…
Vale Base Metals in search of new CEO
Vale Base Metals says that Deshnee Naidoo will step down from her position as CEO at the end of March. The $26-billion copper and nickel unit was created in July…
Rosita restart positions EnCore Energy as newest US uranium producer
EnCore Energy (TSXV: EU; NYSE: EU) has officially become a uranium producer, with the restart of the South Texas Rosita in-situ uranium central processing plant. The company is anticipating its…