Northern Vertex secures additional financing from Greenstone
Northern Vertex Mining Corp. has reached a deal with existing shareholder Greenstone Resources for an unsecured working capital facility of up to US$10 million.
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IAMGOLD considers two mine plans in Côté feasibility study
The extended plan increases the mine life by two years, raising production to 372,000 oz. gold per year and all-in sustaining costs to US$703 oz. gold per year.
Copper, gold mines now likely cheaper to construct than to buy-research
Results suggest that exploration and building remains the riskier but potentially more cost-effective alternative
BHP suspends Western Australia rail operations after runaway train incident
BHP suspended all its iron ore rail operations on Monday after a train ran away at high speed for nearly 100 kilometres before being forcibly derailed.
Spearmint kicks off operations on vanadium prospects in Quebec
The Chibougamau project is comprised of four separate claim blocks near Lac Chibougamau in the northern region of the French-speaking province.
Canadian miners join forces on Brazilian copper project
They are focusing on the Planalto project, located near Vale's Sossego copper mine and Oz Minerals Antas copper mine.
Barrick, Newmont said to be in talks to merge Nevada operations
Experts believe the US firm could achieve $300 million in operating and cost savings from combining its mines in Nevada with those of the Canadian rival.
Pompeo defends temporary waivers granted for Iran oil buying
The comments come a day before U.S. sanctions on Iran’s energy and shipping are due to snap back.
Interview: Gren Thomas, the man with the golden hand
The Westhaven surge is a reversal of fortune for Gren Thomas, who got his share position by bankrolling the company, keeping it afloat through years of struggle and shoestring budgets.