September 10, 2019

McEwen cuts guidance as production at new mines disappoints

Production at the new Gold Bar and Black Fox mines has been a "big disappointment."

September 10, 2019

Major Drilling earnings surge on gold juniors revival

Gold accounts for around 50% of the Canadian supplier's drilling activity.

September 10, 2019

Barrick sells stake in Royal Road Minerals for $3.3 million

Barrick had acquired over 22 million shares in the junior last year, as part of was part of a trend that dominated the mergers and acquisition scene.

September 9, 2019

Generation Mining expands resource at Marathon deposit

The company has completed a new resource estimate showing a 20% increase in contained palladium equivalent.

September 9, 2019

Marathon Gold secures $20m financing for Valentine exploration

Marathon is advancing its Valentine gold project 55 km south of Buchans.

September 9, 2019

Stornoway Diamond granted creditor protection

Osisko and certain of the secured creditors have also agreed to supply an initial C$20 million of working capital to Stornoway.

September 9, 2019

Pure Gold starts construction of Madsen mine

The Madsen Red Lake mine is said to be the highest grade development-stage gold project.

September 9, 2019

First Cobalt favors quick restart of Canadian refinery

Glencore agreed last month to fund a feasibility study to restart and potentially expand the refinery.

September 9, 2019

Benz evaluating exploration program for Eastmain Mine in Quebec

The Eastmain Mine gold project is owned by Eastmain Resources but Benz entered into an option agreement to acquire a 100% interest in the former producing operation.

September 9, 2019

Orano to start drilling at Close Lake uranium project in Saskatchewan

The campaign is set to be of approximately 3,000 metres in up to four holes at an estimated cost of $1.1 million.