Nuvau sees lower capex for Matagami
An upcoming study by Nuvau Minerals (TSXV: NMC) on potentially restarting the historic Matagami base-metal operation in Quebec will extend the project’s mine life while reducing pre-production costs. Nuvau is…
gold projects
Glencore gets RIGI nod for $4B Argentina copper project
Glencore (LSE: GLEN) has secured Argentine government approval for its $4 billion (C$5.7 billion) Agua Rica copper project under the country’s special investment incentive program, clearing a significant hurdle for…
New $850M debt deal moves Troilus copper-gold project closer to full funding
A new debt-financing accord brings Troilus Mining (TSX: TLG; US-OTC: CHXMF) closer to securing the entire capital needed to develop its namesake copper-gold project in Quebec. Germany’s KfW IPEX-Bank and France’s…
Mayfair lines up $310M for Ontario gold project
Mayfair Gold (TSXV: MFG; NYSE-A: MINE) has reached a preliminary financing agreement with Australia’s Macquarie Bank for up to $310 million (US$218 million) to help develop its Fenn-Gib gold project…
Arizona Gold finds high-grade zones at main project
New drilling by Arizona Gold & Silver (TSXV: AZS; US-OTC: AZASF) at its Philadelphia project in Arizona has encountered high-grade zones that extend gold mineralization below the Red Hills target….
Golden Cariboo outlines nearly 1M oz inferred in BC
Golden Cariboo Resources (CSE: GCC; US-OTC: GCCFF) has outlined an initial resource of 175,000 indicated oz. gold and 995,000 inferred oz. at its past-producing Quesnelle property in central British Columbia,…
Barrick, Equinox among TD Cowen’s best stock picks
Precious-metals producers Barrick Mining (TSX: ABX; NYSE: B) and Equinox Gold (TSX, NYSE-A: EQX) are among the 24 Canadian stocks that offer the best prospects for outsized returns over the next few…
Artemis to buy Vista for $427M in Australia push
Artemis Gold (TSXV: ARTG) agreed to buy Vista Gold (TSX, NYSE-A: VGZ) in a $427 million (C$598 million) all-share deal that will add another major development asset beyond British Columbia’s Blackwater…
Luca adds 3rd Mexican property in $60M Agnico deal
Luca Mining (TSXV: LUCA; US-OTC: LUCMF) is moving to expand its Mexican footprint through the proposed $60-million (C$83-million) purchase of the El Barqueño gold-silver-copper project from Agnico Eagle Mines (TSX,…
G Mining discovers new gold deposit in Brazil
G Mining Ventures (TSX: GMIN) disclosed a new near-surface gold discovery at its Gurupi project in Brazil as it published strong drill results from its main Tocantinzinho property in the…
Roosen’s Osisko greenlights Cariboo gold project in BC
Canadian developer Osisko Gold Group (TSXV, NYSE: OGG) is going ahead with construction of the $1.2-billion (US$841-million) Cariboo underground mine in central British Columbia, targeting a first gold pour in…
Troilus triples value to $3.2B, closes in on funding
A new study for Troilus Mining’s (TSX: TLG; US-OTC: CHXMF) namesake copper-gold project in Quebec has more than tripled the mine’s estimated value thanks to detailed engineering, an expanded reserve and…