Osisko and Canadian Gold Miner Corp. have acquired a historical gold producer as well as an option for an exploration land package, both in Ontario’s gold-rich belt.
Canada Mining News
“Jean made an indelible mark on SEMAFO, both in terms of his corporate governance expertise and his 45 years of experience in Africa,” said CEO Desormeaux.
Northern Vertex says its Moss project has the potential to be “America’s next gold mine.”
Eritreans' case against Nevsun likely to proceed in Canada.
According to the McEwen CEO, prices could surpass $5,000 an ounce in five years from about $1,280 now.
Doomsday preppers in North America bet on bitcoin; cryptocurrency is starting to impinge on gold's appeal.
Collective agreement for 1,030 unionized workers expires 11:59 EST Wednesday, after workers can legally strike and Alcoa will have right to lock them out.
Fort McKay and Mikisew Cree First Nations complete purchase of 49% interest in Suncor's East Tank Farm Development
Deal represents the largest business investment to date by a First Nation entity in Canada.
San José is a 5,580-hectare property that shows multi-element mineralization.
“The company remains exposed to a weak pricing environment," the analysts say.
State has approved controversial project but insisted on alternative route, could add further complications.
The Vancouver-based miner wants to form a major new copper producer.
Canada’s National Contact Point (NCP) said complains from an Alaskan group don't merit further examination, closing the file after only the initial assessment level of review.
The two firms are just the latest names in a long list of companies that includes major players such as Rio Tinto, interested in grabbing a stake in Chile’s Chemical and Mining Society (SQM).
"Back in March of this year we noted that the gold stocks could be following the path of recovery of housing stocks since their 2009 bottom."
In an alliance with International Mining and Dredging Holdings, the Canadian miner ran a bulk sampling program whose results "were extremely encouraging."
The company's new strategy includes a pre-feasibility study that envisions a high-grade underground mine and puts on hold development plans for the project’s larger open-pit deposit.
Some companies are good at takeovers. Rio Tinto Group isn't one of them.
With global diamond demand forecast to grow at approx 3.5% annually over next five years, a supply gap down the line seems inevitable if forecasts hold.
The Critical Investor profiles a company exploring a high-grade zinc property, and explains why he believes the upcoming PEA could surprise markets.
Canadian heavy crude prices and TransCanada Corp shares slid on Friday, the day after the Keystone pipeline spilled 5,000 barrels of oil in South Dakota as officials in Nebraska mulled whether to approve another pipeline proposed by the company.
The Bloom Lake mine in northern Quebec will be back in business by March of next year, according to its new owners.
One coal-fired power plant in Saskatchewan likely won't be retrofitted before 2030.
Ontario is number one.
Ontario Securities Commission says administrative penalty of up to C$1 million ($784,190) is due to Omega failure to comply with provincial securities law.