Canadian Junior Mining News

Gold price rally boosts Canada’s mining sector growth

Strong performance also came on the back of strategic initiatives, such as non-core asset sales, aggressive cost control measures and a disciplined approach in reducing debt.

Why 11 of the largest gold funds and majors are all invested in this junior gold company

IDM Mining, led by Robert McLeod, is the little engine that could.

Russian Supreme Court denies Stans appeal

These rulings set aside the award of the International Arbitration Court at the Moscow Chamber of Commerce and Industry dated June 30, 2014 (the “MCCI Award”) through which Stans was awarded US$118,000,000 in damages.

Market uncertainty pulls Canadian Mining Eye index down in Q3

The Canadian Mining Eye index declined 17% during Q3 2015, compared to a 4% gain in Q2 2015.

Stans Energy reaches ‘amicable’ deal with former CFO over her dismissal

In March last year, Anna Kuranova sued the company alleging to have been fired wrongfully.

Canadian court to hear Stans Energy appeal over Kyrgyz Republic’s unpaid $118M

The frozen payment corresponds to what the Kyrgyz Republic was told by an international arbitration court to give Stans for revoking its rare earth mining licenses in the country.

Pacific Potash risks mining rights in Brazil over $2.1 million tax debt

This is not the first time the company’s rights for its Amazonas project have been at risk of being revoked for failure of tax payments.

Stans Energy kicks off fresh legal actions over Kyrgyzstan's $118 million pending payment

The Canadian rare earths junior is appealing a Moscow court decision of Moscow City Arbitrazh Court of not allowing it to obtain a sum related to the loss of its Kutessay II mine.

Life hasn’t come back to Canada’s mining sector just yet — report

Mining equities didn’t fare very well in Ernst & Young's most recent Canadian Mining Eye report.

Pacific Potash mining rights in Brazil jeopardized over unpaid tax

The Vancouver-based miner said it did not receive the funds wired to pay the tax for "unknown reasons."

Canadian miners find 'pot of gold' in Ireland

It was not at the end of any rainbow, but two Canadian firms did find their own pot of gold and are turning Northern Ireland in a new mining frontier.

Stans mining licence rightfully acquired — Kyrgyz Supreme Court

Stans acquired a 20-year mining license for the past-producing Kutessay II rare earth mine in December 2009, but a local company had claimed being the rightful owner of such permit.

Canadian miners performance down 15% in Q3 on falling metal prices

Decline was in line with S&P/TSX Composite index, which also plummeted 15% during the quarter.

Canadian mergers picking up: New Gold buys Bayfield

Transaction is worth around $15 million.

First ruby and pink sapphire mine coming soon to Greenland

True North Gems expects to start production towards the end of winter of 2015.

Tango Gold acquires mining and related assets in South Africa

The Canadian junior has entered into an arms-length definitive acquisition agreement with private South African companies.

Canadian miners performance beats global indexes in Q2

Index gained 9% from April to June, outperforming the S&P/TSX Composite index, which gained 6%, and the London Metal Exchange index, which gained 7% in the same period.

US Midwest poised for a copper and iron ore mining rebirth

There are at least six mines proposed or already started in the area comprised by Michigan, Minnesota and Wisconsin.

Pilot Gold to acquire Cadillac Mining

Pillot Gold is snapping up junior Cadillac Mining, which owns the early stage Goldstrike project in Western Utah, in an all-share deal valued at nearly 20 cents per share.

Canadian mining equities improve in Q1, but companies remain cautious

The majors continue to focus on rigorous cost control measures and disciplined M&A activities and juniors still seek the right opportunities.

Rare mineral project in Nebraska to bring 'huge economic opportunities'

NioCorp Developments' El Creek niobium mine could become the first such a mine in the US, which currently imports 100% of its needs for the metal.

Canada’s Ontario to invest up to $1bn in Ring of Fire

The province is asking the Federal government to match the funds.

Desperate Canadian juniors turn to medical pot industry to raise funds

In the last two months at least a dozen juniors have announced they are considering growing cannabis.

Juniors see Australia’s new tax incentive as a lifesaver

Currently 19% of Aussie geoscientists are unemployed, compared with fewer than 2% three years ago.

Canada, Australia, the US topped list of countries with most significant drill results in 2013

More than 55% of last year's exploration projects were located in these countries.