The Vancouver-based miner intends to use the proceeds for its Kutcho copper-zinc project in northern BC.
Canada Mining News
The company plans to advance its New Craigmont copper property with a diamond drilling program this year.
A recent spike in electric vehicle sales in B.C. is part of a global trend that saw 5.1 million EVs sold last year.
The $285-million takeover bid, considered by some analysts and Acacia’s minority shareholders as a low, would see the world's second largest gold miner buying the remaining 35% of the African miner it does not already own, at a discount.
The Canadian miner said its long-term growth strategy focus on developing its existing pipeline of?projects, while seeking global exploration?opportunities.
QMX Gold Corp. of Toronto has asked Hon. Sergio Marchi to join its board of directors.
Iamgold has released the latest results from the winter drill program at its Rouyn gold project.
Once at full-tilt, the open-pit operation is expected to generate 65,000 ounces of gold annually over an 8-year mine life.
Two new claims were staked to cover known copper showings that are interpreted to have potential to host sedimentary-hosted copper mineralization similar to that at Transition's Janice Lake.
The project will enable Newmont Goldcorp to continue advancing its vision to create mine 4.0—?an interconnected mine of the future.??
The company has received assay results for the final 24 holes of the winter drill program at its West Bear cobalt-nickel property.
The company has released additional assay results from 145 drill holes completed at the Pine Point zinc-lead camp.
According to PwC Canada, there are two main factors that could catalyze change for the oil and gas industry: a national energy strategy as well as further technological innovation.
According to the Vancouver-based miner, there are low exploration and development costs associated with the project.
Comments come after parent company Barrick Gold proposed to acquire all of the shares it does not already own in the Tanzanian miner.
Several new holes have cut wide zones of mineralization with intervals of visible gold extending Area 51 by 250 metres to the northwest.
The current program will follow up on high grade gold-copper-silver results from last year.
The Goldenville project in Guysborough County is Osprey’s most advanced project and the province’s largest historic gold producer.
Glencore said it will also evaluate providing a loan to fund the capital needs to restart the refinery, as the two companies look to speed up the restart.
The decision to take a dual listing comes as Canadian investors shun junior miners, preferring the buzz and growth potential of cannabis producers.
"We were very clear that as long as the 232 tariffs were there it would be very, very hard for us to ratify the new NAFTA," Foreign Minister Chrystia Freeland said on Saturday.
PWC's 2019 Art of mining participants demonstrated what transformation looks like to them through iconic photography.
Mining Association of Canada (MAC) will be in charge of developing program to?give miners tools and knowledge needed to better plan for climate change.
The major gold miners’ stocks are drifting sideways with gold, their early-year momentum sapped by the recent stock-market euphoria.
The reports come after U.S. President Donald Trump and Canadian Prime Minister Justin Trudeau discussed the tariffs earlier on Friday.