Empress Royalty buys US$5M Galaxy mine gold stream
Canada’s Empress Royalty (TSXV: EMPR) took a US$5 million gold stream on Golconda Gold’s (TSX: GG) Galaxy mine in South Africa on Friday as part of its expansion and revenue diversification…
Gold
Silvercorp Metals sweetens offer for Tanzania-focused OreCorp
Silvercorp Metals (TSX: SVM; NYSE: SVM) surprised the market on Thursday by increasing its cash offer for African gold developer OreCorp (ASX: ORR) by A$20 million (US$13 million). The improved…
Collective’s Apollo drill program at Guayabales hits grade
Collective Mining (TSXV: CNL; US-OTC: CNLMF) on Wednesday reported a fresh set of high-grade assay results from the Apollo porphyry system at the Guyabales project in Caldas, Colombia. At Apollo,…
Global exploration snapshot: Eight projects to watch
From Alaska to South America, junior exploration companies are hunting for base metals, uranium and precious metals to power our future. Here’s an overview of eight companies advancing promising projects….
Nunavut nixes Agnico’s Meliadine gold mine expansion
Nunavut’s Impact Review Board has rejected Agnico Eagle Mines‘s (TSX:AEM; NYSE:AEM) application to expand the Meliadine gold mine near the northwest shore of Hudson Bay. The board said the proposal…
Adventus buys Beaty-backed Luminex for Ecuador focus
Canadian junior Adventus Mining (TSX-V: ADZN; US-OTC: ADVZF) is acquiring cohort Luminex Resources (TSX-V: LR; US-OTC: LUMIF) in an all-stock deal to focus on copper and gold development in Ecuador….
Azimut posts first resource for Patwon gold zone in Quebec
Azimut Exploration (TSXV: AZM; US-OTC: AZMTF) has released an initial resource for the Patwon gold zone at its Elmer property in Quebec totalling over 800,000 oz. contained gold. Indicated resources…
TNM Drill Down: Amex Exploration reports the week’s top gold assays
Our TNM Drill Down features highlights of the top gold assays of the past week (Nov. 10-17). Drill holes are ranked by gold grade x width, as identified by data…
Site visit: O3 Mining preps to be new node in Val-d’Or ‘circular economy’
Val-d’Or, Que. – Look towards the horizon from the viewing tower at Parc Belvédère in Val-d’Or, Que., and it’s just visible where a new kid on the block wants to…
Wheaton Precious Metals beefs up streaming portfolio with US$530M spend
Wheaton Precious Metals (TSX: WPM, NYSE: WPM; LSE: WPM) announced on Thursday agreements to acquire existing precious metals royalty streams on Ivanhoe Mines’ (TSX: IVN) Platreef project in South Africa…
Torex Gold gets final environmental OK for Media Luna project
Torex Gold Resources (TSX: TXG) has passed the final environmental hurdle to take its Media Luna gold project towards commercial production, expected sometime late in 2024. Construction at the project,…
Monarch Mining under creditor protection in last-ditch effort to avoid bankruptcy
Struggling Canadian gold miner Monarch Mining (TSX: GBAR; US-OTC: GBARF) has been placed under the protection of the Companies’ Creditors Arrangement Act (CCAA), with PricewaterhouseCoopers appointed as the monitor to…