June 15, 2023

Argonaut pours first gold at Magino, expects commercial production in Q3

Once in production, Magino is expected to produce between 72,000 and 81,000 oz. of gold in 2023.

June 14, 2023

Filo private placement balloons 30% to $97.5 million

Proceeds will be used for its Filo del Sol copper-gold project in the San Juan region of Argentina.

June 14, 2023

Mayfair reports 16% more gold, 8% better grade at Fenn-Gib

Compared to the resource update of October 2022, the new numbers represent a 16% increase in contained gold and an 8% increase in the grade in the indicated material.

June 14, 2023

Volkswagen subsidy to cost Canada $1.8bn more than forecast

Discrepancy comes from how Canadian subsidies may affect the company’s tax treatment compared to American incentives under the Inflation Reduction Act.

June 14, 2023

Hudbay Minerals, Copper Mountain shareholders approve merger

Combined company will become Canada’s third largest copper miner, with an estimated 2023 production of 53,000 tonnes.

June 13, 2023

EV Nickel doubles Shaw Dome resource in Ontario

An updated resource adds more than 24 million tonnes of contained metal.

June 13, 2023

Sprott veteran’s mining finance firm mulls credit advisory arm

A mining-focused investment bank carved out of Sprott Inc. is mulling an expansion into debt advisory.

June 13, 2023

Fireweed names Mactung largest high-grade tungsten deposit in the world

The indicated category, both open pit and underground, contains 41.5 million tonnes grading 0.73 tungsten trioxide.

June 13, 2023

Positive drill results in hunt for more kimberlites at Gahcho Kué

Mountain Province has reported positive drilling results at several targets.

June 13, 2023

Canadian Copper grabs majority stake in Murray Brook VMS deposit in New Brunswick

According to a technical report, Murray Brook represents the 5th largest VMS deposit within the Bathurst camp.