Australia’s Newcrest Mining has entered into an agreement to acquire all outstanding common shares of Pretium Resources (Pretivm) it does not already own, in a deal that values the Canadian miner at US$2.8 billion. Pretivm’s board of directors unanimously recommended shareholders vote in favour of the...
IAMGOLD Corp has announced an initial resource estimate for the Gosselin deposit located just Northeast of its Côté gold project in Ontario, Canada. In a Q3 update on construction at its Côté project, the company also revealed a 124.5 million tonnes indicated resource for Gosselin averaging...
Canada’s Pure Gold Mining has today announced that commercial production has been achieved at its PureGold Mine near Red Lake in Ontario. Following a successful commissioning period, the PureGold mine, milling facilities, and other critical systems are now all operating in line with or rapidly approaching...
TSXV-listed Banyan Gold has announced a new set of diamond drilling results from a 2020 exploration programme at its Aurex-McQuesten (AurMac) Gold Project in Canada’s Yukon territory. Highlights from the drilling on the Airstrip Zone included 0.63 g/t gold over 46 metres from 88.1 metres in...
Canada’s Prime Minister Justin Trudeau announced yesterday that the government will extend business tax deductions for zero-emission vehicles and equipment to cover mining operations, in a declaration of his belief that the sector has a major role to play in the fight against climate change. The...
Brisbane-based mining software company Commit Works has opened new offices in the mining and innovation hub of Sudbury in Ontario, Canada, as part of its expansion into North America. The fast-growing technology company has already established itself at mining operations in Australia, Canada and Africa via...
Canada’s Natural Resources Minister Amarjeet Sohi has launched a new master plan for the mining industry at the Prospectors and Developers Association of Canada's (PDAC) 2019 convention in Toronto. The Canadian Minerals and Metals Plan (CMMP) covers six key issues identified during a two-year period of...
The Canadian Mining Hall of Fame (CMHF) will welcome five new individuals in 2019 who have made outstanding contributions to Canada’s mining industry. Kate Carmack (joining the Klondike Discoverers), James Franklin, James Gill, Sandy Laird and Brian Meikle are the five who will be honoured for...
The top 100 mining companies on Canada’s junior market, the TSX Venture Exchange, raised US$12.2 billion in equity during the year up to June 30, up 7% from $14.4 billion a year earlier. The encouraging figures were released in PwC Canada’s Junior mine 2017 report, which...
Vancouver-based junior Pure Gold Mining (TSX-V:PGM) has passed an important milestone in the early stages of its Madsen project in Ontario, publishing a preliminary economic assessment (PEA). The PEA indicated that there is more gold to be found at the deposit in the Northwest of Ontario’s...