SilverCrest Metals (TSX: SILV; NYSE-AM: SILV) said Thursday it has begun commissioning the processing plant at its Las Chispas gold-silver project in Sonora, Mexico, which is expected to reach commercial production in the fourth quarter.The Canadian precious metals exploration and development company said construction of the plant was completed ahead of the feasibility study schedule.It added it e...Read More

Galway Metals (TSXV: GWM) has completed its recently upsized bought deal private placement, raising gross proceeds of $10.5 million. The financing consisted of the sale of approximately 6.66 million flow-through shares priced at 60 ? each, and 15.3 million hard-dollar shares at 42.5 ? each.The offering was carried out by a syndicate of underwriters led by Paradigm Capital, and included Laurentian...Read More

Canada's B2Gold (TSX, NYSE: BTO) is buying Australian explorer Oklo Resources (ASX: OKU) in a deal valued at A$90 million (US$64 million) or 17.25 ? per share, representing a 127% premium on Oklo's closing price of 7.6 ? on Wednesday.As part of the transaction, B2Gold will give Oklo's investors 5.25 ? cash per share and will issue up to roughly 10.8 million shares for the target company's shareho...Read More

First Majestic Silver (TSX: FR; NYSE: AG) will sell its past producing La Guitarra silver mine, located in the Temascaltepec mining district in Mexico, to Sierra Madre Gold & Silver (TSXV: SM) in an all-share deal worth about US$35 million. Under the deal, First Majestic will receive 69.1 million Sierra Madre shares at 65 ? per share. Upon closing, First Majestic will own 47% of the outstanding s...Read More

At first blush, lithium production from hard rock spodumene sources in Australia appears to have a lower carbon foot than lithium brine production from Latin America.Read More

The South Gobi is one of the fastest developing mining regions in the world, in part due to its proximity to China, the world's largest consumer of commodities. Limited exploration has already yielded multiple gold, copper and molybdenum deposits with an estimated mineral endowment of over 85Moz of gold and greater than 43Mt of copper.Kincora Copper was the first company to conduct modern, distric...Read More

Filo going bigRead full newsRead More

Share this article VANCOUVER - Osisko Development Corp. [ODV-TSXV] has released a preliminary economic assessment (PEA) for its flagship Cariboo gold project in British Columbia that targets an initial gold pour in the first quarter of 2024.The PEA illustrates potential economics for a low cost, large scale underground gold mine, with industry-leading operating costs. It envisages total gold pr...Read More

Kumtor deal paves way for ChaaratSPONSOREDchaarat gold holdings ltd.IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixKropz set to fly after false startSPONSOREDkropzBMG returns eye-catching high-grade gold at Abercromby in WASPONSOREDbmgThe hole confirms the company's new geological interpretation that Los Helados contains at least two centres of high-grade mineralisation.Read More

The US District Court for the District of Arizona ruled that Copper World and its neighbouring Rosemont copper deposit which is also owned by Hudbay are not connected under terms of the US NationalRead More

Kumtor deal paves way for ChaaratSPONSOREDchaarat gold holdings ltd.IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixKropz set to fly after false startSPONSOREDkropzBMG returns eye-catching high-grade gold at Abercromby in WASPONSOREDbmgNexa will subscribe for 40.8 million shares priced at 22c per share for proceeds of $8.97 million.  Nexa previously held a 9% stake in Tinka to...Read More

The offer has fixed spreads of 195-230 basis points including an early tender premium of US$50 per US$1,000 in principle.  The tender would reduce Teck's total outstanding debt by 8.Read More

Kumtor deal paves way for ChaaratSPONSOREDchaarat gold holdings ltd.IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixKropz set to fly after false startSPONSOREDkropzBMG returns eye-catching high-grade gold at Abercromby in WASPONSOREDbmgThe Anglo-Swiss multinational is also involved in an ongoing investigation by the Office of the Attorney General of Switzerland into corruption issue...Read More

Kumtor deal paves way for ChaaratSPONSOREDchaarat gold holdings ltd.IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixKropz set to fly after false startSPONSOREDkropzBMG returns eye-catching high-grade gold at Abercromby in WASPONSOREDbmgFour workers remain missing, and the company's search crews will continue to work at full capacity to locate these individuals, the Toronto-listed fi...Read More

(IDEX Online) - Belgian tech firm iTraceiT says it has completed the pilot phase of its new traceability solution and is now rolling it out to customers.The company says its combination of QR-code and blockchain technology can handle all sizes of diamonds, even melee (under 0.2-cts)  - unlike other solutions.It also claims to offer a "genuine industry-wide solution" because it's an indep...Read More

(IDEX Online) - Wealthy investors in Qatar are rushing to put their money into rare and extremely valuable fancy color diamonds. The minimum investment is $1m.The Amma Group, jointly founded in 2008 by jewelry veterans Mahyar Makhzani and Philip Baldwin (pictured), says it is the only fund specializing in color diamond investment.It is seeking $100m of investment for its fifth fund, Colour Fund V,...Read More

(IDEX Online) - An Indian company has produced what's being hailed as the world's biggest polished lab grown diamond.The marquise step cut 27.27-carat diamond (pictured) was made by Greenlab, in Surat, and certified by the IGI.It is significantly larger than the previous record holder, a 16.41-carat princess-cut diamond (G/VVS2) produced by Shanghai Zhengshi Technology, in China.The new...Read More

Alpha Exploration (TSXV: ALEX) has reported drill results from its first campaign on the Aburna gold prospect, part of the company's Kerkasha project in Eritrea, based on which it expects is "a large gold discovery" in the property. Highlights from the latest results of the 19-hole program that ended in March included 22 metres grading 4.5 grams gold per tonne starting from 47 metres depth in...Read More

Lithium technology companies are jostling for a foot in the door of the rapidly accelerating North American integrated battery metals supply chain, whether becoming a battery precursor material manufacturer or a potentially disruptive lithium direct extraction tech provider.Vancouver-based Nano One Materials Corp (TSX: NANO; US-OTC: NNOMF) on May 25 announced the acquisition of lithium iron phosph...Read More

Shares of Peru-focused miner Tinka Resources (TSXV: TK) rose 25% in the afternoon on May 25 as the company announced investments worth $11 million from regional mining giants Nexa Resources (NYSE: NEXA) and Buenaventura (NYSE: BVN) in the firm. One of the largest zinc producers in Latin America, Nexa will subscribe for 40.7 million common shares for proceeds of $9 million, increasing its total...Read More