July 21, 2023

Excellon Resources acquisition of La Negra falls through

Excellon's two board members have resigned after the mine seller unexpectedly sent it a notice terminating the transaction.

July 20, 2023

At international deep sea mining meeting, debate moves behind closed doors

The ISA cut a livestream of its members negotiations and retreated behind closed doors in an attempt to resolve a dilemma the could determine the fate of the deep ocean.

July 20, 2023

Barrick Gold targeted by Russian cybercriminal group Clop in global data theft that hit Sun Life, Vancouver transit police

Clop’s modus operandi is to demand ransom in return for not publishing the data stolen, or to sell it to a third party.

July 20, 2023

Orea amends deal with Nordgold regarding stake in French Guiana project

In August 2022, Orea announced that it would be buying out Nordgold's majority stake in the 5-million-ounce project for C$100 million.

July 20, 2023

Probe Gold increases Novador resource estimate by 28%

Drilling in 2022 converted an additional 1.99 million oz. to the measured and indicated category.

July 20, 2023

Westhaven Gold PEA gives Shovelnose 534,000-oz output over 9.5-year life

The PEA gives Shovelnose an after-tax NPV, at a 6% discount, of C$222 million, with an IRR of 32.3%.

July 19, 2023

Mount Polley drilling returns up to 1.51 g/t Au, 1.03% Cu

The drilling was done in two phases on an underexplored area between the Springer and Cariboo mineralized zones near Williams Lake, BC.

July 18, 2023

Heliostar stock rises after hitting longest, highest-grade intercept at Ana Paula project

Heliostar acquired the Ana Paula project from Argonaut Gold for $30 million in March.

July 18, 2023

Canada’s regulator clears Newmont’s acquisition of Newcrest

The world’s largest gold miner is also progressing towards receiving regulatory approvals in other jurisdictions, with a transaction close expected in the fourth quarter of the year.

July 17, 2023

Blackwater mine site infrastructure remains intact, wildfire damage minimal, says CEO

Blackwater mine is in the vicinity of an uncontrolled wildfire in central British Columbia.