Ascot pours first gold at Premier, revives link to century-old mine
Over the weekend, Ascot Resources (TSX: AOT; US-OTC: AOTVF) poured first gold at its Premier gold project as part of the mine’s commissioning process, an event CEO Derek White says…
Gold
G Mining buys Reunion’s Oko West gold project in Guyana for $875M
Montreal-based G Mining Ventures (TSX: GMIN; US-OTC: GMINF) is expanding its South American holdings by taking over Reunion Gold’s (TSXV: RGD; US-OTC: RGDFF) Oko West gold project in Guyana in…
New Found grows portfolio with Labrador project buy
New Found Gold (TSX-V: NFG; NYSE: NFGC) is expanding its portfolio in Newfoundland with the planned acquisition of Labrador Gold’s (TSX-V: LAB; US-OTC: NKOSF) Kingsway gold project. Adding Kingsway will…
Adriatic Metals takes over as operator of Bosnian silver mine
Adriatic Metals (LSE: ADT1; ASX: ADT) is taking over as the operator of the Rupice deposit development, which is part of the company’s Vares silver mine in central Bosnia. Local…
Taranis Resources secures permit after BC legal battle
Taranis Resources (TSX-V: TRO) can go ahead with planned exploration at its Thor polymetallic project near Trout Lake, B.C., almost two years after its permit application and five months after…
Reunion Gold inks key deal with Guyana
South America-focused explorer Reunion Gold (TSXV: RGD) has reached a key agreement with the government of Guyana, ensuring stable fiscal and operating conditions for its Oko West gold project’s lifespan…
Federal budget backs Indigenous mine projects with $5B while hiking capital gains tax for investors
Canada’s new federal budget contained several measures impacting the mining industry including loan guarantees for Indigenous projects, increases in the capital gains tax and credits from mines to manufacturing for…
Porphyry deposits hold winning trifecta of copper, gold and silver
Copper, gold and silver have been on a tear lately. Here’s the latest year to date performance for these three commodities: It’s this broad lift across different commodity classes (precious…
Western Copper and Gold raises $40M for Casino project in Yukon
Western Copper and Gold (TSX: WRN; NYSE: WRN) is increasing a stock offering by 60% for its Casino copper-gold-molybdenum project in the Yukon. The bought deal increased to $40 million from…
McEwen Mining adds to Nevada holdings with Timberline Resources buy
Shares in Timberline Resources (TSXV: TBR; US-OTC: TLRS) jumped 130% to an intra-day high of 15¢ apiece Tuesday after McEwen Mining (TSX: MUX; NYSE: MUX) agreed to acquire the Nevada-focused…
Ontario snapshot: Eight companies seeking out precious and critical metals
Canada’s most populous province hosts numerous historic mines and has potential for many more new developments. Here are eight companies exploring for precious metals and critical minerals such as lithium,…
Hummingbird nears production at Guinea gold mine
Shares in Hummingbird Resources (AIM: HUM) rose on Tuesday after the Africa-focused miner said its talks with the main contractor at its Kouroussa gold mine in Guinea are progressing, adding…