Integra grows reserve 74% at Florida Canyon gold mine
An updated feasibility study for Integra Resources’ (TSXV: ITR; NYSE-A: ITRG) producing Florida Canyon mine in Nevada raises the gold output, reserves and mine life and more than quadruples its…
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Revival’s Idaho drilling may shift gold growth plan
Revival Gold’s (TSXV: RVG; US-OTC: RVLGF) high-grade Joss zone in Idaho could move ahead of the Beartrack-Arnett heap leach restart in the development sequence after drilling added 240 metres of…
Site visit: New Found pins Queensway plan on bigger mill
APPLETON, NFLD. – New Found Gold (TSXV: NFG; NYSE-A: NFGC) is counting on an expansion of its Pine Cove mill in Newfoundland and the development of the nearby Queensway project to cement its status as a…
First Majestic wins permits for Santa Elena expansion
First Majestic Silver (TSX, NYSE: AG) has secured construction permits for two new underground portals at its Santa Elena mine in Mexico and will spend an additional $12 million (C$17…
Fortune gets $50M for Nico road
Fortune Minerals (TSX: FT; US-OTC: FTMDF) and the Tłı̨chǫ government might receive up to $50 million (US$35.25 million) from Ottawa to help connect the long-delayed Nico project in the Northwest…
REalloys gets US Army site nod, raises $100M
REalloys (Nasdaq: ALOY) is raising $100 million through a securities purchase agreement with institutional investors and the U.S. Army selected it among companies to build processing plants on military bases. …
Generation Mining nears $1B copper project funding
Generation Mining (TSX: GENM; US-OTC: GENMF) has assembled almost all its financing for the $1-billion capex Marathon copper-palladium project in northern Ontario. The $969 million total includes $200 million…
Hemlo boosts M&I resources 34% at gold mine
A resource update for Hemlo Mining’s (TSX: HMMC; US-OTC: HMMCF) namesake mine in northwestern Ontario has lifted measured and indicated resources by 34%, underscoring the growth potential of one of…
Infographic: Canada’s Blue-Collar Wage Leaders
Canada’s mining sector has quietly become one of the most lucrative career paths in the country. Mining workers now earn an average of $42 an hour compared with $35 an…
Heliostar drilling suggests ‘big prize’ at $426M value Ana Paula gold project
Drilling by Mexico-focused Heliostar Metals (TSX-V: HSTR) at its Ana Paula project supports the conversion of inferred mineralization to stronger categories in a feasibility study targeted for next year. Shares…
Wesdome increases reserve base to support production through 2033
Wesdome Gold Mines (TSX: WDO) has extended the operating life of both of its mines to eight years after updating their reserve estimates, which it says provide the foundation for sustained…
Rinehart invests $50M in X-ray tech for ore, cancer
Gina Rinehart, Australia’s richest person, is backing California-based Lumitron Technologies with a $50 million investment to commercialize high-resolution imaging technology used to improve ore processing and cancer detection. The investment…