Argonaut Gold doubles share count with $195M equity raise for Magino
Argonaut Gold (TSX: AR) has closed an offering of 434 million common shares at 45¢ apiece for gross proceeds of $195.3 million, part of an effort to finance construction of…
Gold
Construction, first gold gold pour delayed at Premier as Ascot seeks financing
The first gold pour at Ascot Resources’ (TSX: AOT) Premier gold project in northwestern British Columbia will be delayed by more than one year due to financing issues. On Thursday,…
Xtra-Gold rises on expansion drilling results from its Kibi gold project in Ghana
Shares of Xtra-Gold Resources (TSX: XTG; US-OTC: XTGRF) rose to their highest in a month on Thursday afternoon as the company reported results from ongoing resource expansion drilling at its…
1911 Gold begins tailings reprocessing at True North complex in Manitoba
1911 Gold (TSXV: AUMB; OTC: AUMBF) has begun tailings reprocessing operations at the True North complex at Bissett, Man., where it expects to process between 170,000 and 190,000 tonnes of historical…
Emerita Resources cuts high grade gold at Romanera polymetallic deposit in Spain
Shares of Emerita Resources (TSXV: EMO) rose by about 10% in the morning as the company reported its latest, high-grade drill results from the Romanera deposit at its wholly-owned Iberia…
Surge Copper boosts Ootsa resource in BC by 96%
B.C.-focused Surge Copper (TSXV: SURG; OTC: SRGXF) has provided its first resource update for its flagship Ootsa property, an advanced-stage exploration project located adjacent to Imperial Metals’ (TSX: III) Huckleberry…
Alamos Gold kicks off production at new Mexican mine
Canadian miner Alamos Gold (TSX: AGI) has begun production at its La Yaqui Grande mine in Mexico, following the completion of construction this month, slightly ahead of schedule. A total of 991 ounces…
Peruvian government to extend tax refund benefit to mining, oil exploration
During a presentation at the 2022 PDAC conference in Toronto, the Peruvian minister of economy and finance, Óscar Graham, announced that his government will extend to 2025 the tax refund…
JV Article: Golden Arrow Resources aims to advance its flagship San Pietro project in Chile
Canadian explorer Golden Arrow Resources (TSXV: GRG; US-OTC: GARWF) holds a portfolio of precious and base metal projects in Argentina and Chile. Golden Arrow is part of the Grosso Group of companies,…
Post-pandemic demand, Russia-driven supply troubles buoy copper price outlook
Analysts expect historically high prices for copper, aluminum, nickel, zinc, steel, and other base and precious metals to benefit miners in the year’s second half. Credit rating agency Moody’s Investors…
PDAC 2022: Promising diamond, gold exploration might fill economic void after diamond mines close, says NWT industry minister
The planned closure of three producing diamond mines in the Northwest Territories in the next few years will open a gap in the territorial economy, but the N.W.T.’s industry minister…
Amex cuts more high grade gold at Perron as it builds towards H2 2022 initial resource
Amex Exploration (TSXV: AMX; US-OTC AMXEF) continues to report high grade results from the Eastern gold zone of its Perron gold project, located 110 km north of Rouyn-Noranda in Quebec….