The company said five holes had been dug on top of a pipeline carrying a solution of gold and cyanide.
Canada Mining News
The US miner will eventually have to invest a minimum of $3 million in Miranda Gold's Lyra project to be granted a 51% stake on it.
Canada's largest diversified miner said that before beginning the copper mine upgrade, it would have to secure a development partner able to invest $2billion for up to 30% to 40% stake in the project.
PDVSA filed an appeal requesting that a Delaware court vacate a decision granting the Canadian miner the right to seize its U.S. assets.
Teck Resources Ltd said on Tuesday that lead smelting had resumed at its Trail, British Columbia, facility after a seven-day suspension because of wildfires.
The company received environmental approval for the plan earlier this month, which aims to extend the life of the aging deposit and boost production.
Kelvin Dushnisky, who leaves Acacia and its parent company Barrick, assumes as South Africa’s AngloGold Ashanti (JSE:ANG) new boss next week.
Junior continues to pursue $800-million acquisition of Centerra Gold's Kumtor mine in Kyrgyzstan.
Can soil from an old, large stockpile still retain viable organics for successful site reclamation?
The explorer announced high-grade gold results this week at its Red Lake District project in Ontario.
Manganese X Energy now wants a taste of the cobalt market.
Mike Breecher tells us all about his job.
Investment bankers like GMP Capital Inc. and Canaccord Genuity Group Inc. moved into pot in a big way after mining deals dried up during the commodity slump that followed the financial crisis.
The key to success is staying informed and buying low when others are scared, before undervalued gold stocks soar much higher.
Carmaker recalls more than 50,000 electric vehicle chargers in North America, where aluminum often substitutes for domestic copper wiring, over fires.
The province’s businesses grapple with the challenge of rising costs, threats to natural resources and changes in consumer spending patterns.
Extension of the deadline, the fifth one so far this year, seeks reaching final agreement that would end long-running dispute over the country’s largest gold mine.
The Form F-3 will provide Avino with a strategic option to finance continued growth.
Great Bear Resources today reported a significant new high-grade gold discovery in the Hinge Zone at its Dixie Project in the Red Lake District of Ontario.
Companies that make and move things are now a bigger part of Canada’s stock market than those that dig them up.
China's Zijin Mining, Canadian-Finnish fund Champion and Cyprus-based U Gold have bid for a strategic partnership in RTB Bor, Serbia's only copper mine and smelter.
Bullion production grew for nine consecutive years to reach an all-time high in 2017.
The offer is priced at a 62% premium to the explorer’s share price at close on June 20, a day before it was announced.
Vancouver-based company Electra Meccanica has pre-orders worth $2.4 billion.
Vanadium prices have risen by 300 per cent since 2017.