Cost-overruns sink shares of Nemaska Lithium
Eight months after the start of construction of its Whabouchi lithium project in Quebec, Nemaska Lithium (TSX: NMX; US-OTC: NMKEF) says it will cost another $375 million to complete the…
Canada
TSX rises, Feb 4-8: RNC, Wallbridge and First Quantum
Canada’s benchmark index rose 1% to end the trading week at 15,663.33. The S&P/TSX Global Mining Index rose 0.65% to 71.90, and the S&P/TSX Global Gold Index rose 1.3% to…
TSX Venture dips, Feb 4-8: Max Resources, Bonterra Resources, Redzone Resources
The TSX/S&P Venture Composite Index slipped 1.7% to end the trading week at 611.94. Shares of Max Resource rose 111% to 38¢. The company recently expanded the zone through surface…
Pure Gold aims to pour first gold at Madsen in Q2 2020
With its recently completed feasibility study behind it, Pure Gold Mining (TSXV: PGM) expects to make a production decision on its Madsen gold project in northwestern Ontario’s Red Lake camp…
Balmoral extends depth of Grasset deposit in Quebec
In the first expansion drilling since 2015 on its Grasset deposit in the Abitibi greenstone belt of Quebec, Balmoral Resources (TSX: BAR; US-OTC: BALMF) has extended the known depth of…
Atlantic confirms gold extensions at Cochrane Hill
Atlantic Gold (TSXV: AGB; US-OTC: SPVEF) says recently completed diamond drilling at its Cochrane Hill gold deposit in Nova Scotia is confirming mineralization extensions initially identified in its 2018 drill…
Pure Gold plans ‘new mine in Red Lake’
Over the last four years, Pure Gold Mining (TSXV: PGM) has doubled the indicated resource for its Madsen gold project in Red Lake, one of the highest grade undeveloped gold…
Andrée St-Germain, José Vizquerra named ‘Young Mining Professionals of the Year’
The Young Mining Professionals (YMP) — a non-profit group with chapters in Vancouver, Toronto, Montreal, Sudbury, Perth, Brisbane, Johannesburg and London — has given its Mining Professional of the Year…
AME Roundup: Regional Mining Alliance cements new partnership in BC’s Golden Triangle
VANCOUVER — A new partnership between First Nations, exploration companies and the B.C. government named the British Columbia Regional Mining Alliance (BCRMA) is working well to advance mineral exploration and…
Casa poised to progress Keaper and Pitman polymetallic projects
Casa Minerals (TSXV: CASA) has optioned its Keaper polymetallic project — 15 km northeast of Terrace, B.C., less than 5 km from the company’s flagship Pitman polymetallic project — to…
AME Roundup: Scheer promises to cut red tape
VANCOUVER — A Canadian government led by Andrew Scheer, the current leader of the official opposition Conservative Party of Canada, would repeal legislation currently before the Canadian Senate that he…
Lithium & Uranium Snapshot: Eight energized juniors on the move
While lithium and uranium markets were depressed in 2018, a rebound could occur, as demand pressures for both metals grow in the years ahead. Here’s a look at eight juniors…