McFarlane Lake boosts Juby gold resource by 2M oz
An update for McFarlane Lake Mining’s (CSE: MLM; US-OTC: MLMLF) Juby gold project in northeastern Ontario has lifted global contained gold by 48% over the initial resource from last October, while…
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US awards $162M to turn mining waste into critical minerals
The United States Department of Energy (DOE) has selected nine projects for $162 million (C$225 million) in potential funding to recover critical minerals from mine waste and industrial feedstocks, part…
$10B Canada power deal seen boosting Labrador mining
Canada, Quebec and Newfoundland and Labrador signed a $10 billion (US$7.2 billion) non-binding agreement to expand the Churchill Falls generating station, nearly tripling its current capacity, in what Ottawa is…
Arizona Eagle buys three-past producing silver mines
Arizona Eagle Mining (TSXV: AZEM; US-OTC: AZEMF) said it’s acquired about 251,000 sq. metres of land hosting three past-producing high-grade silver mines in Yavapai County, Arizona. The newly acquired properties…
Equinox Gold gains key federal permit for South Railroad, kicks off early works
Equinox Gold (TSX, NYSE-A: EQX) is starting early works construction at its South Railroad project in Nevada after it completed an important stage of federal environmental permitting, putting it on…
OceanaGold expands with $553M Ausgold buy
Canadian gold and copper producer OceanaGold (TSX, NYSE: OGC) is buying Australia’s Ausgold (ASX: AUC) for A$776 million (almost US$553 million), giving the miner its first acquisition in Australia and…
YMP Scholarship Fund grows to $300,000
The Young Mining Professional’s Scholarship Fund has increased by a third to $300,000 (US$215,000) from last year as the industry’s leading companies reward strong students in mining disciplines across Canada….
AngloGold Ashanti in $58.5M deal to double Thesis stake
AngloGold Ashanti (NYSE: AU) is investing $58.5 million (US$42 million) to double its stake in Thesis Gold & Silver (TSXV: TAU; US-OTC: THSGF) and help the Vancouver-based developer advance the…
Korea taps Glencore for copper with $1B loan deal
South Korea’s export credit agency will lend $1 billion to Glencore (LSE: GLEN) in exchange for copper supplies to Korean companies, securing access to a metal increasingly vital to artificial…
American Rare Earths, Novex to boost US output
American Rare Earths (ASX: ARR) and metallurgy firm Novex plan to develop U.S. rare earth metal production using feedstock from the Halleck Creek project in Wyoming, said to be the…
Site visit: Can Honey Badger finally crack Prairie Creek?
NEAR NAHANNI NATIONAL PARK, N.W.T. – The Prairie Creek site, nestled in a peaceful mountain valley in the Northwest Territories, is the project that won’t die after facing numerous dead-ends,…
CEO chat: Faraday sees 18B-lb Arizona copper district
Faraday Copper (TSX: FDY; US-OTC: CPPKF) expects confirmation drilling at BHP’s (NYSE, LSE, ASX: BHP) former San Manuel mine to support a combined Arizona resource containing more than 18 billion…