Updated: Calibre Mining to acquire Fiore Gold
In another sign that it’s not just large mining companies looking at M&A deals, Calibre Mining (TSX: CXB; US-OTC: CXBMF) is buying fellow Canadian miner Fiore Gold (TSXV: F; US-OTC:…
Canada
Callinex releases Point Leamington gold-copper resources
Callinex Mines (TSXV: CNX; OTC: CLLXF) has updated the resource at its 100%-owned Point Leamington gold-copper-zinc project in the Buchans mining camp of Newfoundland. The pit-constrained indicated resource is now…
B2Gold to sell Burkina Faso project to West African Resources
B2Gold (TSX: BTO; NYSE-AM: BTG) is selling its 81% stake in the Kiaka gold project in Burkina Faso to Australia’s West African Resources (ASX: WAF) for cash and shares. Kiaka…
JV Article: Giga Metals aims to develop Turnagain into the world’s first carbon-neutral nickel mine
Giga Metals (TSXV: GIGA; US-OTC: HNCKF) is exploring for metals critical to the lithium-ion batteries used in electric vehicles and energy storage technologies. The junior is advancing its 100%-owned Turnagain nickel…
Marathon Gold a strong acquisition candidate, CIBC says
Research analysts at CIBC see Marathon Gold (TSX: MOZ) as a “top take-out target” due to its advanced stage Valentine gold project in central Newfoundland, and believe construction on the…
Denison to sell GoviEx shares and warrants
Denison Mines (TSX: DML; NYSE-AM: DNN) is selling 32.5 million common shares it holds in GoviEx Uranium (TSXV: GXU; US-OTC: GVXXF) at 48¢ per share to one of the junior…
Wallbridge hits gold on first drill hole at Casault in Quebec
The first reported hole of thirteen drilled this summer into exploration targets on the Casault property in northwestern Quebec returned 2 metres grading 6.85 grams gold per tonne starting from…
NorZinc posts PEA for Prairie Creek with extended life, higher throughput
NorZinc (TSX: NZC; US-OTC: NORZF) has released a new preliminary economic assessment (PEA) for its 100%-owned Prairie Creek zinc-lead-silver project 200 km west of Fort Simpson in the Northwest Territories….
UPDATED: Monarch Mining expands gold mineralization at its McKenzie Break property
Monarch Mining (TSX: GBAR; US-OTC: GBARF) has discovered shallow gold mineralization 1 km south of its McKenzie Break deposit in Quebec, about 35 km north of Val-d’Or. The new discovery…
Barrick Gold says mining at Pueblo Viejo would end without TSF
Barrick Gold (TSX: ABX; NYSE: GOLD), the world’s second-largest producer of the precious metal, warns that mining at its Pueblo Viejo operation in the Dominican Republic could finish this year if a new tailings storage facility…
Battle for Noront Resources heats up with sweetened offer from BHP
The world’s largest miner is now offering C$0.75 per share of Noront, representing a 36% premium to its previous offer, a 7% premium to the Wyloo offer and a 213% premium to Noront’s unaffected price.
Maritime Resources drills 160 grams gold at Hammerdown in Newfoundland
Maritime Resources (TSXV: MAE) is drilling bonanza grades at its Hammerdown gold project in the Baie Verte region of Newfoundland. The project covers both the Hammerdown and Orion gold deposits….