Dominion Diamond unveils plan to avoid bankruptcy
Canada’s Dominion Diamond Mines has unveiled a transaction that would allow it to exit court protection from creditors and access short-term operating funds, which would…
Volume 106 Number 12 June 8 – June 21, 2020
Moneta Porcupine drills more high grade at Golden Highway
One of the oldest companies listed on the Toronto Stock Exchange, Moneta Porcupine Mines (TSX: ME; US-OTC: MPUCF), believes it has found a new zone…
Mining exploration spending to drop 29% this year
The rally in the gold price will not be enough to prevent 2020 turning into the worst year in 15 for global exploration spending. According…
Rockcliff hits near-surface copper and zinc at Freebeth in Manitoba
Phase one drilling at Rockcliff Metals’ (CSE: RCLF) Freebeth property in central Manitoba has returned high-grade copper and zinc mineralization including 5.28% copper equivalent over…
Kirkland Lake Gold invests in Melkior Resources
Kirkland Lake Gold (TSX: KL; NYSE: KL) has struck a strategic partnership with Melkior Resources (TSXV: MKR), which is advancing its flagship Carscallen gold project…
Canada Nickel discovers PGM zones at Crawford
Canada Nickel Company (TSXV: CNC) has discovered two new palladium-platinum zones and extended nickel mineralization at its wholly owned Crawford nickel-cobalt project located in the…
Caldas Gold to acquire Juby gold project in Ontario
Colombia-focused Caldas Gold (TSXV: CGC) is casting its eyes on Canada with plans to acquire the Juby gold project, 11 km southeast of the Timmins…
Eric Sprott boosts ownership in Dolly Varden Silver
Mine financier Eric Sprott is increasing his stake in Dolly Varden Silver (TSXV: DV; US-OTC: DOLLF) to 19.9% — buying 7 million common shares of…
Queensland toughens law on mining deaths
Australia’s state of Queensland has passed a law that will see mining executives spend up to 20 years in jail, and companies hit with fines…
Tianqi Lithium to sell stake to raise cash
Tianqi Lithium, China’s top producer of the battery metal, says its controlling investor has put a sixth of its holding up for sale. The move,…