The world's second largest miner gave Pistol a $75K cash injection in an effort to own the Saskatchewan-based properties before the end of 2019.
Ontario Mining News
While wew mines continue to open in British Columbia, the perceptionis that the province is no longer a welcome place for mineral exploration.
The Stobie mine in Sudbury began in 1890.
On the level of transparency in the approvals process, jurisdictions in the US, Australia and Scandinavia performed better than Canada, a fresh report by the Fraser Institute, shows.
Weeks after making the difficult decision to flood Snap Lake, De Beers could be sharpening the axe for more job cuts at a Canadian diamond operation.
Richmont up more than 12% after drilling program at producing Ontario mine increases reserves by more than a third and lifts average grades to 9.2g/t gold.
Shares were up more than 45% on Tuesday mid-morning after it announced that joint venture partner Rio Tinto will start drilling for uranium at the company's asset in Saskatchewan.
Expected increased in the adoption of alternative energy sources by the country's gold sector to be boosted by recently passed regulations, such as the carbon tax.
Scientists probing the deepest reaches of the Earth to find clues about the origins of life have found something unique: the world's oldest water.
The innovation is expected to eliminate all greenhouse gases associated with the movement of ore and waste rock, equal to 5,000 tons of CO2 per year.
Latest high-grade intercepts for Pure Gold Mining at northwest Ontario property supports "geological re-interpretation".
Growing wait times for permits may hinder Canada's ability to take advantage of its considerable mineral potential, warn experts.
Goldcorp has announced it will permanently stop mining at its underground Dome mine, located near Timmins, Ont., as of this summer.
Two of Canada’s stronger mid-tier gold producers were out of the gate today with positive 2015 production reports.
The study ballparked at $10 million is expected to take less than a year, and could revive interest in the much-maligned chromite deposit.
Diamond mines aren’t forever, and within four years the Victor Mine, De Beers’ first in Ontario, is expected to reach the end of its life.
In the face of weak commodity prices, KGHM International will shut down the McCreedy West Mine next month, the union representing representing workers there told the Sudbury Star on Sunday.
Prime Minister Stephen Harper said if re-elected, the Conservatives will extend the mineral exploration tax credit and add another, higher tax credit for projects in remote areas.
The decision could set a precedent for similar cases involving mining companies around the world.
A female employee was fatally injured in an accident at an underground gold mine in Ontario over the weekend.
The thrifty amount compares to the almost $3.9 billion the government of Ontario received from the salt sector in the same period.
Rubicon Minerals (TSX:RMX) advanced 4.5 percent on Friday after the company released an update on its Phoenix Gold Project in Red Lake, Ontario.
Dotted with lucrative gold mines like Red Lake, Hemlo, Musselwhite and Timmins, along with the nickel belt of Sudbury, Ontario with its storied mining history should be a prospector's dream.
Gold's glitter feeding a growing appetite among investors; Borden area discovery a key to Kapuskasing exploration strategy
One positive side effect of a struggling Canadian dollar is a relative jump in the price of gold.