Desert Gold Ventures (TSXV: DAU) closed this week the acquisition of Ashanti Gold Corp (TSX-V: AGZ), a move that caused the Canadian company’s stock to jump 7.5% in the past five days. In a media statement, Desert said that each shareholder of...
Read moreFalcon Gold (TSXV: FG) launched this week an exploration sampling program on its Wabunk Bay gold and base metal property located in the Red Lake District of northwestern Ontario. In a press release, the Vancouver-based miner said the objective of...
Read moreQuébec – based Radisson Mining Resources’ (TSX-V: RDS) stock was up over 3% Friday, after closing on a C$6 million (USD$4.5 million) private placement. The financing consisted of the issuance of 20.6 million units at C $0.15 per unit, for C$3.09...
Read moreTianqi Lithium Kwinana, a subsidiary of China’s Tianqi Lithium, has landed a five-year contract selling lithium hydroxide to LG Chem. The Western Australia-based unit will sell at least 15 percent of annual output at its new production...
Read moreForum Energy Metals (TSXV: FMC) is seeking to raise $75,000 through a non-brokered private placement of up 1,250,000 flow-through common shares to explore the Love Lake mafic-ultramafic complex. The project is located along Highway 905 to the...
Read moreCanadian explorers Kootenay Silver (TSXV: KTN) and Pure Nickel (TSXV: NIC) have received fresh injections of cash from Eric Sprott. The Canadian billionaire investor – also a pioneer in the gold-backed ETF industry – has splashed over C$145...
Read moreThe price of cobalt is up 18% over the last two weeks after Glencore announced it is halting operations at its Mutanda copper-cobalt mine in the Congo – until at least 2021. Considering that Mutanda is the world’s largest cobalt mine and...
Read moreRussian miner Norilsk Nickel’s Global Palladium Fund plans to buy between 300,000 and 500,000 troy ounces of palladium by the end of 2019, the miner’s chief financial officer said on Thursday. The fund of the world’s largest palladium producer...
Read moreMonarch Gold (TSX: MQR) announced that it completed the acquisition of an aggregate 100% interest in the Fayolle property from Hecla Quebec (NYSE: HL) and Typhoon Exploration (TSXV: TYP). To do so, the Quebec-based company said it had to issue...
Read moreCorvus Gold (TSX: KOR) announced Tuesday that it has raised C$1.3 million from a subsidiary of AngloGold Ashanti through a private placement, which was closed at a significant premium of C$2.60 per share. The stock was trading at C$1.79 at market...
Read moreBonterra Resources’ (TSXV: BTR) stock rose nearly 7% Tuesday on the news that the Quebec-based explorer had closed on a C$32 million (USD$24 million) private placement. Bonterra issued 7,385,000 units of the company at C$2.50 per unit for gross...
Read morePapua New Guinea plans to take a larger share of the Porgera gold mine as part of lease-renewal talks, diluting the ownership of joint venture partners Barrick Gold Corp and Zijin Mining Group, the country’s commerce minister told Reuters on...
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