Marathon raises $50m for Valentine project
Marathon Gold (TSX: MOZ) is raising $50 million (US$41.27 million) in a private placement to support exploration and development activities at its Valentine gold project…
News
Chinese EV makers may be looking at western markets, CRU report says
China, the country leading global sales of new energy vehicles (NEVs), not only will maintain its market position accounting for half of all expected global…
Iamgold to restart Westwood in second half of 2021
Iamgold (TSX: IMG, NYSE: IAG) has confirmed it will resume operations at its Westwood underground mine in southwestern Québec in the second half of the year….
JV Article: Osino Resources’ Twin Hills on track to be Namibia’s next multi-million-ounce gold mine
Osino Resources (TSXV: OSI; US-OTC: OSIIF) plans to make its Twin Hills gold project in the Karibib gold district of central Namibia, 150 km northwest of the…
Kirkland Lake Gold’s Detour Lake on course to be a world-class gold mine, says CEO Tony Makuch
Kirkland Lake Gold (TSX: KL; NYSE: KL; ASX: KLA) plans to transform its Detour Lake mine in northern Ontario into one of the world’s largest and…
Analysts voice scepticism on supercycle narrative
Economists are tracking a broad economic recovery across the globe that appears to be gathering momentum and commodity prices are trading at healthy-to-stratospheric levels amid…
Mountain Province taps Dunebridge for US$33M loan
Citing “serious financial difficulty,” Mountain Province Diamonds (TSX: MPVD) has again tapped its largest shareholder for a loan, this time adding a US$33 million term…
Portugal may delay auction for lithium licenses to 2022
Portugal’s long-awaited auction of licenses to explore for lithium may have to wait until next year as the country faces some hurdles implementing a new…
Lundin Gold sees record production at Fruta del Norte
Canada’s Lundin Gold (TSX: LUG) has reported record gold production for the March quarter, which marked a year since its Fruta del Norte gold-silver mine in…
Iron ore prices hit new record
The price for iron ore surged to a record US$237.57 per tonne on May 12 as strong Chinese demand continued to outpace supply. The record…
Black Iron negotiates offtake and financing with Cargill
Black Iron (TSX: BKI; US-OTC: BKIRF) will grant Cargill offtake rights for an initial ten years on the first four million tonnes of annual production…
Barksdale acquires Arizona copper projects from Rio Tinto
Barksdale Resources (TSXV: BRO) has entered an definitive agreement to acquire two copper exploration projects located in Santa Cruz County, Arizona, from Kennecott Exploration Company,…