Drilling at new projects up 57% as spending on gold exploration reaches 21-year high.
Exploration Mining News
Developers want to ease up geologists' work.
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.
Clarus Securities agreed to purchase 2,500 Convertible Debenture Units of Lucky Minerals for gross proceeds of USD $2 M.
Petropavlovsk's largest shareholder, who is calling for an overhaul of the board, plans to sell the company's stake in an iron ore unit and draw up gold sector deals.
The summer exploration campaign will focus on the Lasalle property.
Seabridge has staked an additional 277 claims totaling 5,540 acres that are contiguous to the purchased claims.
But they also come with a catch - pitching ideas, striking deals and securing funding is the name of the game.
Today’s infographic shows the steps of mineral exploration, and how teams can use data to add value throughout the process.
Markets where technology hasn’t substantially shortened the supply cycle and where cost are rising (ie copper) have the greatest long-term upside in prices
Brazil's government will revise a decree that opened up a vast mineral reserve in the Amazon rainforest to mining responding to overwhelming criticism.
The Toronto-based company's solution for data acquisition while drilling received $500K in funding.
Moon Express wants to mine Helium-3 on the Moon.
The Canada-U.S. region accounted for 39% of all significant gold results announced between July 1 and Sept. 8, 2015.
"When this market turns it will be a lot of fun again."
Confidence returns to mining sector as announced capital outlays surge to $108 billion – greenfield project spending up three-fold in first quarter.
We're only halfway into mining bear market says new report.
After five consecutive months of decline, global mining exploration began showing signs of life in March, particularly in the gold sector, a new report shows.
The first two months of 2015 failed miserably to dispel gloomy market conditions affecting the global mining industry, according to a study published Wednesday.
Global exploration spending dropped 26% in last year, compared with 2013, as several juniors threw in the towel and producing miners slammed the brakes on capital and exploration expenditure.
In a bear market for junior miners, exploration capital can be hard to come by.
December is a period that sees lower levels of exploration and resource announcements, and last month was every bit as disappointing as expected, an SNL report shows.
This video and accompanying infographic from last year explains the basics of raising capital in the mining exploration sector. It covers: private placements, warrants, hold periods, and much more.
Euromax Resources has entered into a $175 million deal ith RGLD Gold, to finance the next stages of development and construction of the company's Ilovitza copper-gold project in the Macedonia.
Speaking towards the overall market Rick noted that, “The market itself is very healthy. You are seeing a transition…a transition that doesn’t suggest, but rather screams that [junior resource issues are] under accumulation—which is a very, very bullish sign.”