Banyan Gold (TSXV: BYN) president and CEO Tara Christie was juggling the impact of COVID-19 on the industry, and at the same time, began a new role. Like many parents worldwide, the mining executive and multi-generational gold miner began home schooling for her six-year-old daughter during the pandemic."I've had to teach myself phonics," Christie laughed. But while Christie and her daughter Katie...Read More
This episode features Golden Predator Mining CEO Janet Lee-Sheriff in conversation with Northern Miner group publisher Anthony Vaccaro at The Northern Miner Scotch Whisky Tasting event held on Zoom. Janet discusses the history of the Canadian Mint, gold supply, environmentally-friendly ways of mining, and the importance of ESG and ongoing community engagement. She also discusses the latest company...Read More
Talon Metals (TSX: TLO; US-OTC: TLOFF ) has raised $4 million in a non-brokered private placement of more than 40 million common shares at a price of 10 ? a share.The funds will be used to advance its Tamarack nickel-copper-cobalt project in north-central Minnesota, about 89 km west of Duluth ad 210 km north of Minneapolis.Resource Capital Funds participated in the offering, purchasing 21.13 milli...Read More
Focus Graphite (TSXV: FMS; US-OTC: FCSMF) has sold its 50% stake in the Kwyjibo rare earth element deposit to Investissement Qu?(C)bec, a financing corporation that exists to facilitate investment in Quebec, for $7.2 million.The agreement on the project, located 125 km northeast of Sept-??les, was originally signed last month.The other 50% of Kwyjibo is held by SOQUEM, the mineral exploration arm...Read More
Gran Colombia Gold (TSX: GCM; US-OTC: TPRFF) has walked away from its proposed acquisition of Guyana Goldfields (TSX: GUY; US-OTC: GUYFF) and terminated its plan of arrangement for a three-way merger with Gold X Mining (TSXV: GLDX; US-OTC: SSPFX).Gran Colombia had envisioned creating a larger, South America-focused gold producer with operations in Colombia and Guyana and had offered 0.142 of a sha...Read More
Australia's New Century Resources (ASX: NCZ) has confirmed rumours of talks with Vale (NYSE: VALE) to buy the Brazilian miner's nickel and cobalt operations on the Pacific island of New Caledonia.The Melbourne-based zinc producer said on May 26 that it had entered into a 60-day exclusivity period with Vale to complete due diligence and negotiate the acquisition of 95% of Vale Nouvelle Cal?(C)donie...Read More
Zambia is moving to amend gold-mining rules so that they treat the metal as strategic.Read full newsRead More
Singapore's National Environment Agency (NEA) has signed a US$1.5bn contract for the delivery of the Tuas Nexus Integrated Waste Management Facility (IWMF), which includes a 400 tonnes per day (tpd) anaerobic digester.Read full newsRead More
Each May, we Americans give tribute to those in the military who have paid the ultimate price serving their country. This Memorial Day is all the more poignant as we also remember family, friends and colleagues who have fallen to the coronavirus, a deadly, invisible enemy.The pandemic has slammed the U.S. economy, triggering bankruptcies and putting millions out of work. Goldman Sachs warned earli...Read More
Otso Gold Corp. is pleased to announce the appointment of CoffeyRead full newsRead More
NV Gold Corporation is pleased to announce that it has closed itsRead full newsRead More
Noble Mineral Exploration Inc. announces closing of a non-brokereRead full newsRead More
Great Bear Resources Ltd. is pleased to announce that it has enteRead full newsRead More
Talisker Resources Ltd. is pleased to announce that drilling hasRead full newsRead More
Gold prices edged lower on Tuesday after a long winning streak since the start of 2020. As riskier assets like gold stocks gained traction, Canadian junior gold miners have a reason to be optimistic. Gold prices moved lower, and continued to trade sideways unable to break down, after reaching a 7.5-year high last week. Prices fell below support near the 10-day moving average at $1732, whi...Read More
For investors focused on growth, investing in the shares of Lundin Mining (TSX:LUN) for the long term can fetch exceptional returns. Lundin Mining is a diversified base metals mining company that owns five mines in the low-risk and safe regions.Moreover, the company maintains a strong balance sheet and has a low leverage profile, implying it can survive the current crisis. The COVID-19 o...Read More
1. Gold drifts sideways in typical weak season trading, silver looks better, and the miners look awesome!2. Please click here now. Double-click to enlarge this gold chart. It's clear that both upside and downside breakouts are failing, and the gold price continues to ooze sideways.3. A rectangle pattern is in play. The good news is that basis the Edwards and Magee technica...Read More
I used to live in a tent, down by a lake...It wasn't much to brag about, but I had everything I needed: a cot, a lantern, and a small transistor radio.But after a while squatting in my tiny little tent, I realized that I couldn't live like that forever. I had dreams, damn it. Like owning my own home, entertaining guests, and cooking fancy meals. Perhaps one day I would even have a vacation home on...Read More
Lundin Gold's Fruta del Norte gold project in the Cordillera del Condor near Loja, Ecuador. Credit: Lundin Gold. BMO Capital Markets will buy 4.15 million common shares of Lundin Gold (TSX: LUG) at C$12.05 per share in a bought deal financing that will raise C$50 million for the Vancouver-based gold miner. The deal includes an overallotment option for up to 15% of the offering.Newcrest Mining...Read More
A historic headframe at Maple Gold Mines' Douay gold property in northern Quebec. Credit: Maple Gold Mines. Drilling within the Porphyry zone at Maple Gold's 355-sq.-km Douay project in Quebec has intersected mineralization within current conceptual pit shells outside of the existing resource model.The company has released assay results for two holes; drill highlights include 17 metres of 1.91 g...Read More