TSX Venture slightly down, Aug. 17-21
The S&P/TSX Venture Composite Index fell by 1% to finish the August 17-21 trading week at 730.31, with spot gold finishing the week at US$1,942.40 per oz., a rise of US$2.40 per oz. from the…
Canada
Pacton Gold uses AI to advance projects in Red Lake
In the summer of 1925, the discovery of gold in northwestern Ontario’s Red Lake region triggered the last great gold rush in North America. At the height of the gold…
Ontario snapshot: Eight companies to watch
Ontario’s long-standing mining legacy, availability of geological data and established track record with mineral explorers, developers and producers, position it as a world-class destination for the industry. Below, we provide…
MAC says fed review of Teck’s Castle project ‘political in nature’
Canada’s national association for miners, the Mining Association of Canada (MAC), is weighing in on the federal government’s decision to review Teck Resources’ (TSX: TECK.B; NYSE: TECK) proposed Castle Mountain…
Nexus Gold reports high-grade intercepts at McKenzie in Ontario
Most people know Nexus Gold (TSXV: NXS; US-OTC: NXXGF) from its portfolio of five gold projects in Burkina Faso, in particular its flagship near-surface Bouboulou orogenic gold deposit. But security risks in…
Battle North seeks $55M to fund development, pay debt
Battle North Gold (TSX: BNAU; US-OTC: BNAUF) (previously Rubicon Minerals) is raising $55 million in an upsized bought deal (from $45 million previously) co-led by Cormark Securities and Stifel GMP…
Kirkland Lake signs strategic alliance agreement with Newmont in Northern Ontario
Kirkland Lake Gold (TSX:KL, NYSE:KL) and Newmont (TSX: NGT; NYSE: NEM) have signed a strategic alliance agreement to collaborate on exploration and development work in Northern Ontario. Under the terms…
Commentary: Coal mining ends in England, but Earth Overshoot Day points way forward
It has been a difficult week for English mining engineers. A coal open pit closed in Durham on the same day (Aug. 17) as a thought-provoking press release by Global…
Banyan Gold finds grade continuity at Airstrip zone in Yukon
Banyan Gold (TSXV: BYN) has released assays for nine holes completed at the Airstrip zone within its AurMac property, 56 km northeast of Mayo, Yukon. The drilling has extended the…
Falcon Gold finds visible gold at Central Canada project
Falcon Gold (TSX-V: FG) has reported positive drill results from a second hole at its flagship Central Canada gold project, located 22 km east of Atikokan and 160 km west of…
Shandong Gold calls on Canadian gov’t to approve TMAC purchase
Shandong Gold Mining, one of China’s top bullion miners, said its acquisition of a Canadian junior that owns the massive Hope Bay property in Nunavut should be approved for economic…
Endeavour Mining eyes dual listing after Semafo acquisition
Endeavour Mining (TSX: EDV), a Toronto-listed gold mining company with assets in West Africa, is assessing whether to dual list on either the London or New York exchanges as it looks…