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…
Stock Markets/Investing
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. …
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…
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…
Sponsored: Vista shifts Mt Todd from study to build
Vista Gold CEO Fred Earnest (R) in conversation with The Northern Miner video host Devan Murugan. This sponsored video is PROMOTED CONTENT paid for by Vista Gold and produced in…
Faraday drilling expands Copper Creek potential
New drilling at Faraday Copper’s (TSX: FDY; US-OTC: CPPKF) Copper Creek, one of America’s largest undeveloped projects for the red metal, has identified broad zones of near-surface mineralization that could…
Gold selloff opens door to investors: BofA
Gold’s recent selloff has opened up a new opportunity for investors, though patience may be required for the precious metal to weather the storm created by the current macro environment…
AbraSilver study quadruples Argentina project value
A definitive feasibility study for AbraSilver Resource’s (TSX: ABRA; US-OTC: ABBRF) Diablillos silver-gold project in Argentina quadruples the open-pit mine’s projected value and cuts the payback period to less than…
Newcore Gold tanks as Enchi prefeasibility disappoints
Newcore Gold (TSXV: NCAU; US-OTC: NCAUF) fell to its lowest level in 17 months after a prefeasibility study (PFS) for its Enchi project in Ghana delivered underwhelming economics despite underlying…
US sanctions shut Canada’s largest cobalt refinery
Sherritt International (TSX: S) has begun shutting down its Fort Saskatchewan refinery after expanded U.S. sanctions on Cuba halted the feedstock supply needed to keep the Alberta plant running. The…
US government launches $17.5B loan program to accelerate nuclear buildout
In a boost to Cameco‘s (TSX: CCO; NYSE: CCJ) Westinghouse joint venture, the United States Department of Energy (DOE) said it’s planning to provide $17.5 billion in loans to accelerate…
Endurance Gold hits high-grade step-outs at Reliance
Endurance Gold (TSXV: EDG; US-OTC: ENDGF) assayed high-grade gold outside the current resource at Reliance in southern British Columbia, strengthening the junior’s bid to grow one of the Bridge River…