Miners in NWT hunker down as emergency-level wildfires approach Yellowknife
Miners and explorers are scaling back or modifying operations in the Northwest Territories as severe wildfires prompted the government to declare a territory-wide state of…
News
Granite Creek seeks copper major for merger with mothballed Minto mine in Yukon
Granite Creek Copper (TSX-V: GCX; US-OTC: GCXXF), part of the Metallic Minerals Group, wants to attract a major company to consolidate a Yukon area into…
Snowline Gold raises $15M for Yukon gold projects
Snowline Gold (TSXV: SGD; US-OTC: SNWGF) will raise $15 million in an agreement with Cormark Securities to purchase 2 million flow-through shares of the company at…
Aether raises US$49M to extract lithium using AI
American start-up Aether said on Wednesday it has raised US$49 million to scale its AI and machine learning-based platform aimed at helping miners extract critical…
Chaarat Gold sells Kapan mine in Armenia for US$54.5M
Chaarat Gold Holdings (LSE: CGH) is selling its only operating mine, Kapan, for US$54.5 million ($73.4 million) to Armenian miner Gold Mining Company. The miner,…
Barrick CEO criticizes western funds’ shortsightedness, adds praise to Saudi’s PIF
Western fund managers should follow in the footsteps of sovereign wealth funds that are investing in mining projects in some of the world’s riskiest jurisdictions,…
Drilling at Probe Gold’s Monique project returns grades of up to 10 grams per tonne
Probe Gold (TSX: PRB; US-OTC: PROBF) says results from 37 drill holes, totaling 10,772 meters, have returned significant gold intercepts from surface to 425 meters…
Podcast: Why oil companies are interested in lithium, ft Zelandez CEO Gene Morgan
This week’s episode features Zelandez CEO Gene Morgan in conversation with host Adrian Pocobelli on the challenges related to lithium extraction. Morgan, whose company is…
Erdene to pour first gold at Mongolia mine in 2025
Erdene Resource Development (TSX: ERD) said on Tuesday it expects to pour first gold at its Bayan Khundii project in southwestern Mongolia in late 2025,…
Lucara Diamond to replace CEO Eira Thomas
Lucara Diamond (TSX: LUC) announced Monday the company will appoint William Lamb as president and chief executive officer and a director, replacing Eira Thomas. Thomas…
New Found Gold explores use of Maritime’s processing facility for early production
New Found Gold (TSXV: NFG; NYSE-A: NFGC) is considering taking its Queensway project in Newfoundland and Labrador into early production using the nearby gold processing…
Surprise: mine spending grows in Mexico despite new law, Obrador’s populist tilt
What’s happening in Mexico? Corporate mining project investments soared this year in the world’s largest silver producer even as the government targeted companies in a…