Sierra Metals has 15 business days to provide a re-evaluation to the authorities to initiate a review process.
Canada Mining News
The company will offer approximately 6.0 million flow-through shares priced at $3.02 each.
Premier Gold Mines of Thunder Bay, Ont., has provided an update on development at the South Arturo joint venture in the Carlin Trend.
Drifting and drilling the 7 zone at the Eagle River mine has resulted in longer than average strike lengths and extended the zone at depth.
Alto Ventures' exploration permit was issued with a requirement that a heritage resource impact assessment is completed before work begins.
Atlantic Gold Corp. has updated the results for its most recent resource extension drilling at its three gold projects near Halifax.
Troilus acquired the new land it is calling Troilus North from Emgold Mining Corp. for 3.75 million of its common shares and $250,000 in cash.
A joint approach could allow for resources to be unlocked that would likely not otherwise be productive - Ricus Grimbeek, COO, Vale’s North Atlantic Operations and Asian Refineries
At 17.9% graphitic carbon, the Lac Gueret deposit is likely one of the highest grade graphite deposits in the world.
For substantive change to take hold at the company, long-term directors who have presided over value destruction and overseen technical failures of prior mine plans need to be replaced.
The operation will add to the Perth-based company annual output, until now on depending on just one mine — Lulo, in Angola.
The Vancouver-based miner submitted an application to expand to 300,000 hectares its land position at the Firminho project.
Searchlight Resources wants to take advantage of the increased interest in battery technology.
The selective program targeted the high grade, near surface first zone, and the results did not disappoint.
E3 says its extraction process is better than existing methods.
Yellowhead is the owner of the Harper Creek copper-gold-silver project about 90 km from Kamloops, British Columbia.
Sumitomo Metal Mining and Sumitomo Corp. will pay $800 million earn-in contribution and $400 million matching contribution for a third of Teck's 90% interest in Quebrada Blanca mine.
The results have prompted a plan to continue exploration to affirm multiple local sources of bedrock gold mineralization.
MGX Minerals is a diversified Canadian resource and technology company with interests in global advanced material, energy and water assets.
The study concludes that the underground mine will produce an annual average of 142,000 oz. of gold over a life of 11 years.
The project is located 40 km north of Baker Lake, and 32 km south of Agnico’s Meadowbank gold mine.
This year the company has added 844,000 ounces of gold in the measured and indicated category and 519,000 ounces of gold in the inferred to its total overall resource for Valentine Lake.
Detour is under pressure from two other investors, investment company Coast Capital Management L.P.and hedge fund Livermore Partners, to overhaul its board and consider a sale.
The support ship will be used at the company's Solwara 1 gold, copper and silver project, off the coast of Papua Guinea, set to be the world’s first commercial deep-sea mine.
Canada's largest oil and gas producer by market capitalization said the exact impact will be unveiled when it issues its 2019 capital and production.