News

Golden Star Resources (GSL-T) has transferred its production royalty on the Rosebel gold mine in Suriname to 52.8%-owned subsidiary Guyanor Ressources (GRL.B-T) in return for US$12 million in cash.

Conversion of resources to reserves and a revision of economic cutoff grades have boosted reserves at the Tarkwa-Damang gold operation in Ghana.

Canadian Royalties (CZZ-T) has released a new resource estimate for the Lac Mequillon nickel-copper deposit in the Ungava district of Quebec.

Specialty and light-metals company Timminco (TIM-T) has added silicon metal and ferro-silicon to its mix of products by acquiring Quebec-based Bcancour Silicon.

Liberty Mineral Exploration (LBE-V) is calculating the resource at the McAra Lake cobalt deposit in northeastern Ontario, following infill drilling on cobaltite veins.

Vancouver — Encouraging grades from ongoing diamond drilling at Formation Capital‘s (FCO-T) Idaho Cobalt project are expected to result in an improved resource estimate.