Argonaut Gold doubles share count with $195M equity raise for Magino
Argonaut Gold (TSX: AR) has closed an offering of 434 million common shares at 45¢ apiece for gross proceeds of $195.3 million, part of an effort to finance construction of…
Canada
Construction, first gold gold pour delayed at Premier as Ascot seeks financing
The first gold pour at Ascot Resources’ (TSX: AOT) Premier gold project in northwestern British Columbia will be delayed by more than one year due to financing issues. On Thursday,…
1911 Gold begins tailings reprocessing at True North complex in Manitoba
1911 Gold (TSXV: AUMB; OTC: AUMBF) has begun tailings reprocessing operations at the True North complex at Bissett, Man., where it expects to process between 170,000 and 190,000 tonnes of historical…
PDAC showed industry eager to return to ‘normal’
A few things were top of mind for delegates as they converged on the Metro Toronto Convention Centre June 13-15 for the first in-person Prospectors and Developers Association of Canada…
Global Copper Snapshot: Eight companies exploring for the red metal
Copper is essential for the global shift towards decarbonization. However, declining ore quality, mine closures, and the absence of additional investment in new copper supplies could lead to a significant…
Hudbay marks end of Flin Flon mining era with closure of 777 operations
Hudbay Minerals (TSX: HBM; NYSE: HBM) has wrapped up mining activity at the 777 zinc-copper mine in Flin Flon, Man., after 18 years of steady production. Closure activities at the…
Electra begins preliminary talks on second cobalt refinery
As part of its growth strategy in support of the onshoring of electric vehicle supply chains in North America, Electra Battery Materials (TSXV: ELBM; NASDAQ: ELBM) has begun preliminary discussions with…
Surge Copper boosts Ootsa resource in BC by 96%
B.C.-focused Surge Copper (TSXV: SURG; OTC: SRGXF) has provided its first resource update for its flagship Ootsa property, an advanced-stage exploration project located adjacent to Imperial Metals’ (TSX: III) Huckleberry…
OBITUARY: Igor Levental – mining sage with deep passion for arts and learning
The mining universe has lost not only a wise and generous leader, but also a true renaissance man. Igor Levental, president of The Electrum Group and director of Novagold…
JV Article: Golden Arrow Resources aims to advance its flagship San Pietro project in Chile
Canadian explorer Golden Arrow Resources (TSXV: GRG; US-OTC: GARWF) holds a portfolio of precious and base metal projects in Argentina and Chile. Golden Arrow is part of the Grosso Group of companies,…
JV Article: Krux Analytics offers better data-driven decision making for the mining industry
Mining and mineral exploration companies are under increased pressure to improve drilling performance. More accurate drilling can benefit every aspect of a mining operation by making it smoother, safer, and…
Post-pandemic demand, Russia-driven supply troubles buoy copper price outlook
Analysts expect historically high prices for copper, aluminum, nickel, zinc, steel, and other base and precious metals to benefit miners in the year’s second half. Credit rating agency Moody’s Investors…