Nighthawk Gold reports new results from Colomac project in NWT
Nighthawk Gold (TSX: NHK; US-OTC: MIMZF) has released new drill results from three of the five Colomac Centre deposits at its Colomac project in the…
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Barrick sells 22 royalties to Maverix Metals for up to US$60 million
Maverix Metals (TSX: MMX; NYSE-AM: MMX) is acquiring 22 royalties from Barrick Gold (TSX: ABX; NYSE: GOLD) including a 1% royalty on Skeena Resources’ (TSX:…
Lucapa finds Angola mine’s sixth-largest white diamond
Australia’s Lucapa Diamond (ASX: LOM) has recovered a 160-carat white Type IIa diamond at its prolific Lulo mine in Angola, the sixth-largest recovered at the operation to date. The…
Moody’s cuts metals price calls amid slowing global growth
Credit rating firm Moody’s Investors Service has pared down its 12-month price outlook for a basket of metals and mining commodities, citing a global economic…
Mining industry on track to meet decarbonization targets, say analysts
The availability of risk capital for miners is biased towards those with concrete plans for achieving net-zero emissions targets by 2030, says Keith Russell, global…
McEwen Copper completes US$81.9M financing, including US$25M investment by Rio Tinto
McEwen Copper, a subsidiary of McEwen Mining (NYSE: MUX; TSX: MUX), has closed the third and final tranche of its previously announced private placement of common…
Marathon Gold board gives nod to Valentine mine build in Newfoundland
Marathon Gold (TSX: MOZ) is moving ahead with its proposed Valentine open-pit gold mine in central Newfoundland after the company’s board approved construction. “The company’s…
Turquoise Hill agrees to beefed up US$3.3B offer from Rio Tinto
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has reached an in-principle deal with Turquoise Hill (TSX: TQR) to buy the 49% of the Canadian…
Primitive vegetation played key role in composition of earth’s continental rocks
Primitive plants transformed what was once a Mars-like planet of barren rock into a world of life growing in organic-rich soils.
Quebec-focused Patriot Battery Metals rides high on best lithium hit to date
The Toronto-quoted equity of Patriot Battery Metals (TSXV: PMET; OTCQB: PMETF) jumped to a fresh 12-month high on Aug. 31 following the release of the…
Ford asks US government to speed up mining permits
U.S. carmaker Ford Motor Co. (NYSE: F) is asking the Biden administration to speed up the permitting process for mining projects, particularly those targeting critical…
Quebec Nickel drills greater than 1% nickel at Ducros project
Ultramafic rocks mineralized with nickel, copper and platinum group elements that were discovered at surface and drilled in the mid-2000s are now getting a more fulsome…