New Found Gold to raise $130M for Queensway, Lucky Strike
New Found Gold (TSXV: NFG; NYSEA: NFGC) announced plans last week to launch an at-the-market equity offering to raise up to $130 million for exploration at two, wholly owned gold…
Canada
TSX Venture ends Aug. 22-26 trading session down slightly
The S&P/TSX Venture Composite Index drifted slightly lower over the Aug. 8-12 trading session by 0.6% or 3.99 points to end the week at 645.92. Shares in lithium developer Sigma…
TSX closes in the red during Aug. 22-26
Over the Aug. 22-26 trading period, the S&P/ TSX Composite Index fell 238.09 points or 1.18% lower, to 19,873.29. The S&P/TSX Global Mining Index gained 2.37 points or 2.54% to…
TNM Drill Down: Top Ten best nickel drill results year to date
The need to discover new sizeable economic nickel deposits has never been more acute as the world transitions to a clean-energy-driven economy that relies heavily on nickel-based battery technologies and…
TNM Drill Down: Top gold assays for the week Aug 19-26
Our TNM Drill Down feature highlights the top gold assays of the past week. Assays are ranked by gold grade x width, as identified by our sister company Mining Intelligence. Brisbane-based Santana…
Japan’s nuclear policy shift marks a turning point for uranium
More than a decade after the 2011 nuclear accident at the Fukushima Daiichi nuclear power plant in Japan roiled the uranium industry, the country has announced a major policy shift…
Wyloo Metals invests A$150M in rare earths developer to fund stake in Neo Performance Materials
Four months after closing the acquisition of Canada’s Noront Resources and its Eagle’s Nest project in Ontario’s Ring of Fire, one of the world’s largest undeveloped high-grade nickel sulphide deposits,…
Clean Air Metals advances Thunder Bay North towards resource update, prefeasibility
Clean Air Metals (TSXV: AIR; OTC: CLRMF) has released new assay results from the 2022 drill campaign at both the Escape and Current PGE (platinum group elements)-copper-nickel deposits, part of…
Marathon’s Valentine gold project gets OK from the feds
Three years after kicking off its environmental assessment work, Marathon Gold (TSX: MOZ) has received environmental assessment approvals from both the federal and provincial governments for its Valentine gold project…
Filo extends high-grade Aurora zone at Filo del Sol to 1.6 km
Filo Mining’s (TSX: FILO) ongoing drilling program at its Filo del Sol copper project in Argentina has extended the strike length of the emerging Aurora zone to 1.6 kilometres. The…
Historic Canadian Mining Hall of Fame ceremony aims to widen the mining industry’s tent
The Canadian Mining Hall of Fame held its 34th annual induction ceremony on Aug. 18 at the Palais Royale in Toronto, welcoming five new honourees. This year’s event was historic….
QC Copper drills three more in-pit zones as high as 0.75% Cu at Opemiska
QC Copper and Gold (TSXV: QCCU; OTC: QCCUF) has reported new assay results from its current drill program on the Opemiska property, where the company has been aiming to upgrade…