Osisko Development drills 8.4 metres of 8.43 g/t gold at Cariboo
After starting to trade on the TSX Venture in December, Osisko Development (TSXV: ODV) has reported its second set of drill results from the conversion drill program underway at the…
Canada
Global gold output to rise 5.5% in 2021, Global Data reports says
After declining in 2019, global gold production was adversely affected by the Covid-19 pandemic during 2020, while the suspension of expansion works and contractions from mines nearing closure also exacerbated…
Treasury tables PEA on expanded gold project at Goliath
Following last year’s addition of the Goldlund project to the Goliath gold project in northwestern Ontario, Treasury Metals (TSX: TML) has released an updated preliminary economic assessment (PEA) for the…
Maritime Resources discovers new zone at Hammerdown
The most recent set of drill results from Maritime Resources’ (TSXV: MAE) past-producing Hammerdown gold project in Newfoundland and Labrador suggests a new gold-silver discovery 150 metres east of the…
Probe drills high gold grades within Courvan trend at Val-d’Or East
Probe Metals (TSXV: PRB; US-OTC: PROBF) has released the results of 20 drillholes completed along the Courvan gold trend within its Val-d’Or East property in Quebec. The expansion drill results…
Premier unveils top-level team for i-80 Gold
Premier Gold Mines (TSX: PG; US-OTC: PIRGF) has picked the management team for new U.S.-focused gold miner i-80 Gold Corp., a company formed as part of the $612 million (US$478 million)…
European tungsten producer Almonty advances Korean Sangdong project
Almonty Industries (TSX: AII; US-OTC: ALMTF) has two mines in Europe producing tungsten concentrate – the Los Santos mine in western Spain and the Panasqueira mine in Portugal – but…
Evolution Mining sees rising cash flow from Red Lake
Australian gold producer Evolution Mining (ASX: EVN) says performance improvements at its Red Lake mine in Canada are putting its turnaround plans for the operation ahead of schedule. In the…
Turquoise Hill seeks interim order against Rio Tinto over Mongolia mine funding
Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) is seeking an interim order in its arbitration against Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) in response to some of the…
Wesdome to sell Moss Lake to Goldshore Resources for $57M
TSX Venture-listed Sierra Madre Developments (TSXV: SMG.H) has entered into an amalgamation agreement to acquire B.C.-incorporated and privately held Goldshore Resources. Separately, Goldshore has entered into an asset purchase agreement…
First Cobalt starts pre-construction work on Ontario refinery
First Cobalt (TSXV: FCC; US-OTC: FTSSF) announced that it has started pre-construction work at its permitted cobalt refinery in Ontario. The company is now working on detailed engineering and procurement…
Canada Nickel achieves high-grade nickel concentrate
Canada Nickel Company (TSX: CNC; US-OTC: CNIKF) has announced processing test results from its Crawford nickel-cobalt sulphide project in the Timmins-Cochrane mining district. The latest processing data suggests a 52%…