US indices inch higher during Mar. 20-24 trading week
The Dow Jones Industrial Average gained 604.76 points or 1.89% and the S&P 500 closed 72.15 points or 1.6% higher at 3,979.15 over the Mar. 20-24 trading week. Mexico and…
Gold
Mexico okays Pan American Silver-Yamana Gold deal
Mexico’s antitrust authority Cofece has approved Pan American Silver‘s (TSX: PAAS; NASDAQ: PAAS) acquisition of all issued and outstanding common shares of Yamana Gold (TSX: YRI; NYSE: AUY; LSE: AUY), which…
Scotgold Resources shares collapse on grades and funding woes
Shares in troubled miner Scotgold Resources (LSE: SQZ) fell more than 70% on Monday after it warned there was “significant” uncertainty over its ability to keep operations going at Scotland’s…
Mitsubishi to buy 5% stake in Western Copper to advance Casino project in Yukon
Western Copper and Gold (TSX: WRN; NYSE-AM: WRN) announced Friday a strategic equity investment by Japan’s Mitsubishi Materials to advance the company’s Casino copper-gold project in Yukon towards development. Mitsubishi…
Video: Behind Quebec’s lithium exploration boom
Northern Miner staff reporter Colin McClelland recently spoke with Jonathan Lafontaine, mining exploration activity monitor with Quebec’s Ministry of Energy and Natural Resources at PDAC 2023 in Toronto. Quebec has…
Video: Maple Gold exploration makes progress at Joutel and Douay
Northern Miner staff writer Colin McClelland recently caught up with Maple Gold Mines (TSXV: MGM; US-OTC: MGMLF) CEO Matthew Hornor at PDAC 2023 in Toronto. Maple recently announced assays from…
Troilus’s high-grade assays boost economics of Quebec gold mine restart
High-grade drill results extending the mineralization at Troilus Gold‘s (TSX: TLG; US-OTC: CHXMF) main project to revive a gold and copper mine in Quebec will probably increase its profitability, an…
Video: Orezone Gold eyes acquisitions to expand from troubled Burkina Faso
Orezone Gold (TSX: ORE; US-OTC: ORZCF) is resolving a power shortage at its new Bomboré gold mine in coup-prone Burkina Faso as it considers acquisitions in West Africa. Bomboré, 85…
Southern Silver expands resource at Cerro Las Minitas in Mexico
Southern Silver Exploration (TSXV: SSV) has posted a slight resource increase at its Cerro Las Minitas project in Mexico that sent its shares up 9.4%. The overall resource at the…
Newmont said to be mulling sweetened bid for Newcrest
Newmont Mining (TSX: NGT; NYSE: NEM), the world’s largest gold producer, may be preparing a sweetened takeover offer for Newcrest Mining (TSX: NCM; ASX: NCM), which rejected the miner’s unsolicited…
Latitude 66 confirms another cobalt-gold discovery in Finland
Latitude 66 Cobalt, a private, Finnish company, has reported excellent drilling results from its projects in the Kuusamo schist belt, which it believes provides “further optionality” for its proposed cobalt…
Contango Ore secures funding for Alaska gold build with JV partner Kinross
Contango Ore (NYSE-AM: CTGO) has secured a US$70-million loan from two banks to cover its minority share of pre-production capital spending on the Manh Choh gold project in Alaska. Mining…