The company will increase the size of its recently announced bought deal financing to C$18.3 million.

Winsome will pay C$2 million for Sinomine’s interest in Power Metals, which holds the Case Lake project in Ontario.

Osisko could acquire up to a 2% NSR royalty on the Kandiolé project for total consideration of C$10 million.

Key moves in the mining sector.

Researchers have engineered a key light-activated nanomaterial for the hydrogen economy.

Cathy Barton, Senior Geologist for IGO won 1st prize for producing alternative geological models to better understand water-bearing structures on a disseminated nickel deposit.

The Canadian firm is retaining a 0.5% to 1% net smelter return royalty on the properties, as well as a 1.5% NSR on Eldorado's properties.

The British Columbia project's updated resource estimate incorporates an additional 25,659 metres of core drilling completed in 2020-22 and updated metal recoveries and pricing.

The commissioning of the paste fill plant was completed on November 17.

Highlights included 1.1 g/t gold over 366.7 metres near the surface, including 4.12 g/t over 14 metres and 5.66 g/t over 16 metres.

Traders are currently pricing in a 91% probability that the Fed increases rates by 50 basis points on Dec. 14.

Bomboré now becomes the 16th mine to go into production in Burkina Faso.