TNM Drill Down: Top gold assays for the week of Nov. 25. to Dec. 2, 2022
Our TNM Drill Down feature highlights the top gold assays of the past week. Drill holes are ranked by gold grade x width, as identified by our sister company Mining…
Canada
US markets fell during Nov. 28 – Dec. 2 trading week
The Dow Jones Industrial Average fell 404.67 points, or 1.2%, to 33,942.36, and the S&P 500 lost 30.31 points or 0.8%, over the week to 3,995.81. Leading value gainer for…
TSX Venture Exchange ends Nov. 28–Dec. 2 trading week higher
The S&P/TSX Venture Composite Index ended the Nov. 29-Dec. 2 trading session at 599.20 points, up 23.56 points or 4.1% higher. Topping the percentage gainers this week was Queensland Gold,…
Sigma Lithium secures US$100M for Brazil mine expansion
Sigma Lithium (TSXV: SGML; NASDAQ: SGML) has secured up to US$100 million from shareholder Synergy Capital to build the initial phase of a US$155-million expansion at its Grota do Cirilo…
EPA in ‘regulatory overreach’ with renewed Pebble project veto, says proponent
The U.S. Environmental Protection Agency’s (EPA) Thursday veto of the contentious Pebble copper-gold project in Alaska has again irked the proponent Northern Dynasty Minerals (TSX: NDM; NYSE American: NAK). In…
Global Exploration Snapshot: Eight companies to watch
While the search for new gold deposits across the world never lets up, explorers are picking up the pace seeking out critical minerals. Here’s a glimpse of eight companies exploring for precious and…
Aussie explorer Winsome Resources steps up to buy Power Metals stake from China’s Sinomine
A month after the federal government forced three Chinese companies to divest their stakes in three Canadian juniors with critical minerals projects, Australia’s Winsome Resources (ASX: WR1) has agreed to…
Gold Royalty sells mineral rights on 12 assets, keeps royalties
Gold Royalty Corp. (NYSE: GROY) has agreed to sell mineral rights and interests on 12 prospective properties in Quebec and Ontario to junior miner Val-d’Or Mining (TSX: VZZ). The Vancouver-based…
Volkswagen kicks off search for battery cell plant sites in Canada
Volkswagen AG has begun searching for a site in Canada to build its first battery cell factory in North America, a part of the German carmaker’s planned expansion of its electric vehicle…
CMS 2022: Agnico Eagle banks on Canadian production upside
The largest producer of Canadian gold, Agnico Eagle Mines (TSX: AEM; NYSE: AEM), is banking on its soon-to-be-consolidated in-country portfolio to underpin its near and long-term production growth profile, executive…
Mayfair Gold shares climb on Fenn-Gib drilling
Mayfair Gold (TSXV: MFG; US-OTC: MFGCF) shares rose this morning on the latest drill results from the company’s flagship Fenn-Gib project in northeast Ontario, as it works toward a prefeasibility…
Nunavut rise in exploration spending masks North’s lack of competitiveness, says mining chamber
Nunavut will see the highest proportional increase in exploration spending in Canada this year, according to data released last week by Natural Resources Canada (NRCan). Exploration will rise 95% —…