First Majestic wins permits for Santa Elena expansion
First Majestic Silver (TSX, NYSE: AG) has secured construction permits for two new underground portals at its Santa Elena mine in Mexico and will spend an additional $12 million (C$17…
News
Fortune gets $50M for Nico road
Fortune Minerals (TSX: FT; US-OTC: FTMDF) and the Tłı̨chǫ government might receive up to $50 million (US$35.25 million) from Ottawa to help connect the long-delayed Nico project in the Northwest…
REalloys gets US Army site nod, raises $100M
REalloys (Nasdaq: ALOY) is raising $100 million through a securities purchase agreement with institutional investors and the U.S. Army selected it among companies to build processing plants on military bases. …
Generation Mining nears $1B copper project funding
Generation Mining (TSX: GENM; US-OTC: GENMF) has assembled almost all its financing for the $1-billion capex Marathon copper-palladium project in northern Ontario. The $969 million total includes $200 million…
Hemlo boosts M&I resources 34% at gold mine
A resource update for Hemlo Mining’s (TSX: HMMC; US-OTC: HMMCF) namesake mine in northwestern Ontario has lifted measured and indicated resources by 34%, underscoring the growth potential of one of…
Infographic: Canada’s Blue-Collar Wage Leaders
Canada’s mining sector has quietly become one of the most lucrative career paths in the country. Mining workers now earn an average of $42 an hour compared with $35 an…
Heliostar drilling suggests ‘big prize’ at $426M value Ana Paula gold project
Drilling by Mexico-focused Heliostar Metals (TSX-V: HSTR) at its Ana Paula project supports the conversion of inferred mineralization to stronger categories in a feasibility study targeted for next year. Shares…
Wesdome increases reserve base to support production through 2033
Wesdome Gold Mines (TSX: WDO) has extended the operating life of both of its mines to eight years after updating their reserve estimates, which it says provide the foundation for sustained…
Sponsored: Vista shifts Mt Todd from study to build
Vista Gold CEO Fred Earnest (R) in conversation with The Northern Miner video host Devan Murugan. This sponsored video is PROMOTED CONTENT paid for by Vista Gold and produced in…
Rinehart invests $50M in X-ray tech for ore, cancer
Gina Rinehart, Australia’s richest person, is backing California-based Lumitron Technologies with a $50 million investment to commercialize high-resolution imaging technology used to improve ore processing and cancer detection. The investment…
Ottawa eyes special status for Far North resource roads
The federal government is considering granting national interest status to the $2-billion Mackenzie Valley Highway and Grays Bay Road and Port initiative (GBRP), two northern transportation projects crucial to access…
Faraday drilling expands Copper Creek potential
New drilling at Faraday Copper’s (TSX: FDY; US-OTC: CPPKF) Copper Creek, one of America’s largest undeveloped projects for the red metal, has identified broad zones of near-surface mineralization that could…