Australian gold junior miner surpasses 2-million-ounce mark at Pickle Crow Project Auteco Minerals Chairman Ray Shorrocks’ bold prediction from last October that his Pickle Crow Gold Project could reach the two-million-ounce mark in resources by this winter has apparently come to pass. The Australian gold explorer, which is poking around the former Pickle...

Mine developer edging toward construction decision on Goliath Gold Complex Treasury Metals has struck a $20-million royalty deal with mine financier Sprott Resource Streaming and Royalty Corp to move the project yardsticks for a large proposed gold mine, east of Dryden. The financing will be earmarked for economic studies, permitting,...

Road will enable regional economic development by connecting Ring of Fire area to the provincial highway network The early engagement period for the Marten Falls First Nation and Webequie First Nation’s Northern Road Link (NRL) project’s Draft Terms of Reference (ToR) is now complete, which enables the project to advance to the...

Generation Mining’s proposed palladium, copper pit could create 1,000 construction jobs, 400 mining jobs An open-pit mine developer on the north shore of Lake Superior has signed a consultation and process agreement with the Métis Nation of Ontario (MNO). Generation Mining said the agreement sets out principles to guide the still-developing...

Landore Resources’ BAM deposit boasts 1.5 million ounces A Guernsey, UK-based company with an open-ended gold deposit near Armstrong believes it has a “multi-million-ounce” resource on its hands. Landore Resources recently posted a new resource estimate of its BAM Gold Project that boosts the gold count by almost 50 per cent...

KoBold Metals, a start-up backed by a coalition of billionaires including Bill Gates and Jeff Bezos, has raised $192.5 million in its latest financing round, which will allow it to speed up efforts to find new deposits of critical metals needed for batteries and clean energy. Investors in the Series B funding round for...

Investors in the world’s biggest mining companies will this month be watching for signs that mounting cost pressures and the impacts of slowing Chinese growth could further erode record earnings. Miners are likely to report a drop in profits. The top-five western diversified mining companies, including iron-ore giants Rio Tinto...

Electra Battery Materials plans to flip the switch on international cobalt processing plant later this year Electra Battery Materials has passed a major regulatory milestone toward restarting a Temiskaming metals refinery and is on a clear path to achieve another. The aspiring Toronto-based chemical processor announced it has received its industrial...

After a 26% rise in 2021, copper prices have struggled for direction this year.  On Thursday, March futures made another attempt to find higher ground, jumping to $4.7085 a pound ($10,380 a tonne), only  to give back those gains by the end of the day. In a new research report...

Mining companies consummate $13.4B transaction announced last September. The “merger of equals” between Agnico Eagle and Kirkland Lake Gold is done. The new and combined company will be called Agnico Eagle Mines Limited.

Founded in 1985, Process Flow supplies pumps, valves and more to industrial customers Industrial products and service provider Wajax Corporation has purchased Thunder Bay-based Process Flow Systems Ltd.

Skeena Resources believed that this decision was done by error Skeena Resources has responded to the decision made by British Columbia’s Chief Gold Commissioner on the tailings in the Albino Lake storage facility at the past-producing Eskay Creek gold-silver project in BC’s Golden Triangle. Last August, an individual, Richard Mills, holding...

A World Bank report recently forecasted that we would need more than 3 billion tons of metals and minerals to limit the rise in global temperatures by 2 degrees by 2050. That’s more than 3 billion tons in raw materials for solar, wind, and battery storage. The World Bank is...

The pandemic and public health restrictions continue to stagger Ontario businesses and frustrate consumers. The Ontario Chamber of Commerce released its annual Ontario Economic Report this week on the consequences of labour shortages, global supply chain disruptions, and inflation are beginning to hit home with many Ontarians. The report said the impacts...

Saskatchewan-based fertilizer company Gensource (TSXV: GSP), which is aiming to develop one of the lowest cost potash mines at its Tugaske project located 150 km northwest of Regina, is set to begin construction this year. The potash mine will have “a far smaller environmental footprint than industry norms,” CEO Mike Ferguson told...

Submission portal for Mining Innovation Commercialization Accelerator Network opens Feb. 7 Starting Monday, Feb. 7, the Mining Innovation Commercialization Accelerator (MICA) Network will be accepting proposals from innovators for how to modernize the Canadian mining sector. MICA, a Sudbury-based, pan-Canadian research and innovation network, has $30 million at its disposal to kickstart ideas...

A VIRTUAL MINING & INVESTMENT EVENT – 100% LIVE Join us February 23-24, 2022 With the first Global Mining Symposium of 2022 starting in just over 2 weeks, we have added even more experience and deep industry knowledge to our speaker lineup. Register today, and join us on February 23-24 to...

Generating electricity from solar power is cheaper than doing so through coal-fired power plants, a new article published in the journal Energy and Environmental Materials states. According to Ravi Silva, Director of the Advanced Technology Institute at the University of Surrey and author of the paper, solar energy typically has a cost comparative with or lower...

AngloGold Ashanti boost shareholder stake by five per cent Pure Gold Mining has secured equity financing of $25 million to complete the ramp up of operations at its mine in Red Lake to its design capacity. The transaction also increases the stake of the largest shareholder in the Vancouver company,...

Romios Gold Resources (TSXV: RG; OTC: RMIOF) and Lakehead University in Thunder Bay have created a partnership to research the Lundmark-Akow Lake gold and base metals project. The project is 100% owned by Romios and located in northwest Ontario’s Patricia division, 18 km from Newmont’s Musselwhite gold mine. The two-year graduate-level program will be...

The concept of environmental and social governance (ESG) has evolved from an acronym which caught on as a dialect of ‘sustainability’, to actions that are critical to the sustainable success of a mining company. Jamie Strauss, director at Digbee Ltd, an ESG data and research platform for the mining industry,...