Top 10 Canadian miners by market cap
The Northern Miner presents the top-10, Canada-headquartered mining companies by market capitalization as of late-June, 2020. 1. Barrick Gold Market cap: US$46.56 billion Barrick Gold (TSX: ABX; NYSE: GOLD) has…
News
Lumina Gold extends mine life at Cangrejos
An updated preliminary economic assessment (PEA) for Lumina Gold‘s (TSXV: LUM; US-OTC: LMGDF) Cangrejos gold-copper project in southern Ecuador has added nine years to the mine life and improved economics…
New Gold sells Blackwater to Artemis for $190M in cash
New Gold (TSX: NGD; NYSE-AM: NGD) is selling its Blackwater project in central B.C. to Artemis Gold (TSXV: ARTG) for $190 million in cash. Under the deal, New Gold will…
The Northern Miner Podcast – episode 190: Pierre Lassonde signs off as chair of Franco-Nevada
This week features Pierre Lassonde’s final shareholder meeting as chair of Franco-Nevada, which took place on May 6, 2020. Lassonde discusses the founding of the company, the dramatic appreciation of…
Maritime Resources drills Hammerdown
Maritime Resources (TSXV: MAE) has started a 10,000-metre diamond drill program at its 98-sq.-km Hammerdown gold project in Newfoundland and Labrador. This program will focus on testing prospective areas for…
Novagold responds to short-seller accusations with 40-page diatribe
Novagold Resources (TSX: NG; NYSE-AM: NG) has hit back against a report from J Capital Research released late May that accused managers of the Vancouver-based explorer of “systematically” misleading investors…
Mistango River starts exploration at Eby-Baldwin project in Ontario
Mistango River Resources (CNSX: MIS) has developed a geological model for its 34-sq.-km Eby-Baldwin project, located 10 km west of Kirkland Lake in the historic “Mile of Gold” of the…
Eldorado Gold constructs $24M tunnel at Lamaque
Eldorado Gold (TSX:ELD; NYSE:EGO) has started construction of a US$24-million tunnel at its sole Canadian operation, the Lamaque gold mine in Quebec, which will allow the company to grow production…
PNG threatens Barrick over alleged gold export attempt
Papua New Guinea (PNG) has threatened Barrick Gold (TSX: ABX; NYSE: GOLD) with criminal proceedings, claiming the company’s joint venture in the country was planning to illegally export US$13 million…
SolGold seeks US$20M to prevent takeover attempts
Ecuador-focused miner SolGold (TSX: SOLG; LSE: SOLG) is bolstering its defences against a takeover by fundraising to raise a minimum of £16 million (US$20 million) as top miners try to…
Calibre reports positive maiden resource for Panteon deposit at Limon
Calibre Mining (TSX: CXB; US-OTC: CXBMF) has reported the first resource estimate for the Panteon deposit at its Limon mine in Nicaragua. The high-grade vein is about 150 metres from…
Probe Metals extends gold zones at Val-d’Or East
Probe Metals (TSX: PRB; US-OTC: PROBF) has released assay results for drill holes completed at its wholly owned Val-d’Or East property, which covers 119 sq. km near Val-d’Or, Quebec. According…