Pure Gold’s New Discoveries at Madsen-Red Lake Demonstrate Potential For Increased Profitability

Results of Pure Gold Mining Inc. Preliminary Economic Assessment (“PEA”) for its Fork, Russet South, and Wedge deposits indicates a potential to add approximately $51 million to the Madsen Gold Project (“Madsen”) after-tax net present value (NPV).  Pure Gold states that the high gold grades, near surface resources, and use of existing infrastructure, the mining of these zones will yield an after-tax initial rate of return (IRR) of 39%.


Quantum Minerals finds Spodumene at the Irgon Lithium Mine Project

QMC Quantum Minerals Corp. (QMC) announced that the first phase of  diamond drilling has been completed at the Company’s 100%-owned Irgon Lithium Mine Project located within the prolific Cat Lake-Winnipeg River rare-element pegmatite field of southeast Manitoba. Lithium is highly sought after mineral that has increased in demand because of its use in the production of battery electric vehicles being developed by Tesla and other manufacturers. 

Three Finalists Named to Make Their $1 Million Pitch for Goldcorp's #DisruptMining Live Final

GOLDCORP INC. has announced the three finalists to pitch their innovative technologies at the #DisruptMining 2019 live finale on March 3, 2019 at the Prospectors Development Association of Canada convention in Toronto. Co-hosted by KPMG, the #DisruptMining live finale will take place on Sunday, March 3, 2019 at the Rebel Entertainment Complex in Toronto during the Prospectors and Developers Association of Canada (PDAC) convention.  The event is sold out. 

21C Metals Inc. enters into agreement to acquire East Bull palladium property in Sudbury Mining Division

 21C Metals Inc. formerly Declan Cobalt Inc., announced that its wholly-owned subsidiary, East Bull Resources Inc. has entered into an option agreement  with Pavey Ark Minerals Inc. to acquire a 100% interest in the East Bull palladium property in the Sudbury Mining Division.

Ontario Government seeks public input into its plans to repeal the Far North Act

 Ontario Government seeks public input into its plans to repeal the Far North Act

Canada Cobalt Works to Present in the Corporate Presentation Forum at PDAC 2019

Canada Cobalt Works Inc. announced that President and CEO Frank J. Basa will make a presentation to investors as part of the Corporate Presentation Forum at PDAC 2019 in Toronto. 

Balmoral Resources and GTA Resources Drill Results Promising for Northshore Property

 Balmoral Resources Ltd has received, from joint venture partner GTA Resources and Mining Inc. (“GTA”), results from three drill holes completed on the Northshore Property located near Schreiber, Ontario late in 2018.

Newmont Mining Responds to Barrick Gold Takeover Proposal

Newmont Mining Corporation confirmed today that it has received an acquisition proposal from Barrick Gold Corporation (Barrick) proposing an all-stock merger with Newmont, at a negative premium based on market prices as of the close of business on February 22, 2019. The transaction proposal is conditional on Newmont not proceeding with its proposed combination with Goldcorp Inc. (Goldcorp) and other conditions, including confirmatory due diligence by Barrick.


Barrick Gold announces proposal to takeover Newmont Mining

 Barrick Gold today announced  it has made a proposal to the Newmont Mining Corporation Board of Directors to merge with Newmont in an all-share transaction, saying a combination of the two would form the world’s best gold company with unprecedented potential for value creation.

Pan American Silver and Tahoe Resources Complete Takeover Deal

Pan American Silver Corp. and Tahoe Resources Inc. today completed the deal whereby Pan American acquired all of the issued and outstanding shares of Tahoe.