Asante pours first gold at Bibiani mine in Ghana
Asante Gold (TSXV: ASE) has poured first gold at its Bibiani gold mine in Ghana. The mine is expected to produce 175,000 ounces of the precious metal over the next 12 months….
Canada
Moneta drills bonanza intercept at Tower project in Ontario
Moneta Gold (TSX: ME; US-OTC: MEAUF) has delivered new assay results from 12 drill holes totalling 6,266 metres. These were completed during exploration drilling on new targets at its Tower…
Marathon Gold boosts Newfoundland project mineral resource
Marathon Gold (TSX: MOZ) has increased the mineral resource estimates for its Valentine gold project in central Newfoundland, the largest undeveloped bullion project in Atlantic Canada. The Toronto-based miner said…
Granada Gold increases M+I resources in Quebec by 21%, inferred by 71%
Granada Gold Mine (TSXV: GGM; US-OTC: GBBFF) has updated the mineral resource estimate at its flagship Granada property, a past producer located adjacent to the Cadillac Break in the Abitibi…
Canada’s Top Ten base metals and uranium companies
The green energy revolution is driving unprecedented demand for sustainable sources of base metals and uranium which is increasingly seen as an acceptable form of baseload power generation. Here’s a…
Monarch Mining feeds first ore to Beacon mill in Quebec
In an update on the recommissioning of its wholly owned Beaufor mine and Beacon mill, Monarch Mining (TSX: GBAR; OTC: GBARF) said it has begun feeding ore to the mill and expects…
Hecla Mining acquires Yukon miner Alexco Resource in all-share deal
American silver producer Hecla Mining (NYSE: HL) has agreed to acquire all shares of Canadian Alexco Resource (TSX: AXU: NYSE-AM: AXU) it doesn’t already own, in a deal that values the target’s…
S&P/TSX Venture Composite Index tumbles more than 5% in June 27-July 1 trading week
Over the June 27 to July 1 trading week, the S&P/TSX Venture Composite Index fell 35.1 points or 5.38%, to end at 617.26. Among the top gainers in terms of…
Rock Tech Lithium assays up to 1.37% Li2O from drilling at Georgia Lake
Rock Tech Lithium (TSXV: RCK; OTC: RCKTF) has released new assay results from ongoing drilling at its 100%-owned Georgia Lake lithium project in Ontario. Located between Nipigon and Beardmore, the…
Canada’s Top Ten miners by market cap
Canada contains vast mineral resources and is considered a tier one mining jurisdiction with a skilled workforce and robust regulatory environment. Canadian mining companies are leaders in the exploration and…
Video: How mining could get to net zero before 2050 – ESG panel
The mining world has quickly embraced environmental, social and governance (ESG) principles and more companies are seeing the need to meet those priorities, even on the level of investment, said…
EDM Resources secures US$24M loan to take Scotia mine towards commercial production
EDM Resources (TSXV: EDM) has entered into a definitive credit agreement with Swiss base metals trading company IXM for US$24 million in debt financing to advance the company’s Scotia mine towards…