Outcrop doubles inferred silver at Santa Ana in Colombia
Outcrop Silver & Gold (TSXV: OCG; US-OTC: OCGSF) has reported more than twice the inferred and almost a quarter more indicated silver at its Santa Ana project in Colombia than…
Precious Metals
Generation lines up $1.3B Marathon financing
Generation Mining (TSX: GENM; US-OTC: GENMF) lined up the final $340 million (US$244 million) needed to fund its Marathon copper-palladium mine in northwestern Ontario, clearing the last major financing hurdle…
Blackout at Hemlo gold mine to slow ramp-up
A temporary power outage at Hemlo Mining’s (TSX: HMMC) namesake operation in northern Ontario is curtailing underground work, slowing a planned increase in gold production. The stock plunged. No one…
Roosen’s Osisko greenlights Cariboo gold project in BC
Canadian developer Osisko Gold Group (TSXV, NYSE: OGG) is going ahead with construction of the $1.2-billion (US$841-million) Cariboo underground mine in central British Columbia, targeting a first gold pour in…
ONGold revives Monument Bay with 2M oz resource
ONGold Resources (TSXV: ONAU; US-OTC: ONGRF) has put Manitoba’s long-dormant Monument Bay gold project back on a current-resource footing after nearly a decade, outlining 2 million measured and indicated contained…
Sponsored video: Inventus eyes Pardo gold next year
Inventus Mining CEO Wesley Whymark in conversation with The Northern Miner video host Devan Murugan. This sponsored video is PROMOTED CONTENT paid for by Inventus Mining and produced in co-operation…
Sponsored Q&A: K2 Gold assays build on California Mojave discovery
K2 Gold’s (TSXV: KTO) Mojave project is back in focus after the company reported the first drill results from this year’s 14,000-metre exploration program. The Northern Miner‘s Devan Murugan spoke…
ACG buys project to boost copper output in Turkey
ACG Metals (LSE: ACG) is buying a Turkish mining licence that contains the Keşkek gold project to double annual copper-equivalent output at the company’s nearby Gediktepe mine to 40,000 tonnes. …
Galantas exits mired Omagh gold project in Ireland
Galantas Gold (TSX-V, LSE-A: GAL) has sold its remaining 20% indirect interest in Northern Ireland’s Omagh gold project to Ocean Partners UK for $5 million (C$6.92 million), completing its exit…
Aya doubles Boumadine value to $3.5B
Aya Gold & Silver (TSX, Nasdaq: AYA) has more than doubled the after-tax net present value of its Boumadine project in Morocco to $3.5 billion (C$4.8 billion) while raising initial…
Swiss gold ban squeezes Sudan’s war economy
Switzerland has begun banning purchases and imports of Sudanese gold and restricting mining supplies in an effort to choke off a source of financing for the country’s three-year war. The…
Troilus triples value to $3.2B, closes in on funding
A new study for Troilus Mining’s (TSX: TLG; US-OTC: CHXMF) namesake copper-gold project in Quebec has more than tripled the mine’s estimated value thanks to detailed engineering, an expanded reserve and…