Orla Mining advances Camino Rojo project in Mexico
Over the last month, Orla Mining (TSX: OLA) has completed two deals that help pave the way for developing its Camino Rojo gold project in Mexico’s Zacatecas state, 50 km…
News
Rockcliff boosts resource for Rail deposit in Manitoba
Rockcliff Metals (CSE: RCLF) has released an updated resource for its wholly owned Rail deposit in central Manitoba, doubling both the total resource tonnes and contained copper-equivalent metal at the…
Miners debate M&A as COVID-19 sends shares lower
In early March, BHP (NYSE: BHP; LON: BHP) Chairman Ken MacKenzie said the mining giant was in a strong position should COVID-19’s impact on the market create M&A opportunities. “On…
Commentary: COVID-19 – Assessment work applications under the Mining Act
Following the declaration of emergency on March 17 under the Emergency Management and Civil Protection Act in Ontario due to the COVID-19 pandemic, the ability of holders of unpatented mining…
Luminex grows Condor with new Camp resource
Luminex Resources (TSXV: LR) has unveiled a maiden resource for its Camp deposit, part of its Condor project in southeastern Ecuador, of 11.9 million inferred tonnes grading 2.95 grams gold…
First Cobalt reports more positive results at Ontario refinery
First Cobalt (TSXV: FCC; US-OTC: FTSSF) has produced a battery-grade cobalt sulphate for the second time in a row but using a different feed source, the company says. The second…
Glencore defers decision on dividend
Glencore (LON: GLEN) is postponing a decision on whether to proceed with a cash dividend of 20¢ per share totalling US$2.6 billion in 2020 due to the COVID-19 pandemic. “When…
The Northern Miner Podcast – episode 180: The story of Pretium’s Brucejack mine, ft Joe Ovsenek at PDAC
This episode features a keynote speech by Pretium Resources president and CEO Joe Ovsenek at the Prospectors and Developers Association of Canada (PDAC) conference in Toronto. Ovsenek discusses the history…
Raymond James lowers metals forecasts for 2020
Raymond James has updated its metal price forecasts for the year due to the COVID-19 pandemic. Its new full-year forecast for gold in 2020 is US$1,594 per oz., down from…
Argonaut Gold to merge with Alio Gold in all-share deal
Argonaut Gold (TSX: AR) and Alio Gold (TSX: ALO; NYSE-A: ALO) announced a friendly all-share at-market merger that will create a larger company with a production base of over 235,000…
TMAC releases Hope Bay study
TMAC Resources (TSX: TMR) has released key results from a prefeasibility study completed for its wholly owned Hope Bay gold project in Nunavut. This latest study envisions a new 4,000…
Premier offers US$205M for Centerra’s stake in Greenstone Gold Mines
Premier Gold Mines (TSX: PG; US-OTC: PIRGF) is offering to purchase the remaining 50% interest it doesn’t already own in the Greenstone Gold Mines Partnership (GGM) from Centerra Gold (TSX:…