Osisko Development Corp. (TSX.V: ODV)
Announced the remaining and final drilling results from the 2021 exploration and category conversion drill campaign of its Cariboo Gold Project in central British Columbia.
This is the former Barkerville Gold property. […] Continue reading
Lithium Power International (ASX: LPI)
Announced it has entered into definitive binding agreements to consolidate 100% ownership of the Maricunga Lithium Brine project in Chile via two all scrip mergers with its JV partners, Minera Salar Blanco SpA and Bearing Lithium Corp. (TSX.V: BRZ) […] Continue reading
Minera Alamos Inc. (TSX.V: MAI)
Announced that it is in receipt of surface rights agreements for its Cerro De Oro gold project in northern Zacatecas, Mexico.
The agreements, finalized at meetings held last week will allow the Company to finish remaining activities necessary for the Permit Application submission for the project. […] Continue reading
GoldMining Inc. (TSX: GOLD; NYSE: GLDG)
Announced that it has entered into an option agreement with NevGold Corp. and its subsidiary (TSXV:NAU) whereby NevGold’s subsidiary may acquire a 100% interest in the Company’s Almaden Project, located in Idaho, U.S.A.
The Agreement provides for total cash and/or share consideration to the Company from NevGold of up to C$16.5 million. [..] Continue reading
Uranium Energy Corp. (NYSE American: UEC)
UEC and UEX Corporation (TSX:UEX), are pleased to announce they have entered into a definitive arrangement agreement, pursuant to which UEC will acquire all of the issued and outstanding common shares of UEX by way of statutory plan of arrangement. […] Continue reading
Gold Road Resources (ASX: GOR)
Reported that they now hold in excess of the required 80% acceptances for their takeover for DGO, so the deal will now conclude.
GOR now hold 72,018,039 yes votes, or 85.85%, well in excess of the required minimum. […] Continue reading
Mining Review Sunday Update PDAC 2022
Another poor week for the junior mining sector as prices slid further downwards, with the TSX Venture Exchange Index down 9% in a week.
It was the week that Osisko Development announced the temporary closure and care and maintenance of the former Barkerville Gold’s Bonanza Ledge Mine in the Cariboo, due to the higher costs of mining. […] Continue reading
Osisko Development (TSX.V: ODV)
Announced that the former Barkerville Gold Mine at Bonanza Ledge in the Cariboo has been temporarily closed, and put on to care and maintenance, as a result of escalating costs effecting the mining industry.
Is this the first of many such closures due to escalating fuel prices and wages we ask ourselves? […] Continue reading
Orla Mining (TSX: OLA)
And Gold Standard Ventures Corp. have entered into a definitive agreement whereby Orla will acquire all of the issued and outstanding shares of Gold Standard by way of a court-approved plan of arrangement. Continue reading
PDAC 2022 – Day 3
The conference was quiet this morning, but busier than the old half day Wednesday of previous years, which were hardly worth attending as booth holders were conspicuous by their absence, due to the festivities of the previous evening. Continue reading
PDAC 2022 – Day 2 was much quieter
After the pandomonium of registration and police holding people outseide for hours on day 1, PDAC 2022 day 2 was much quieter.
The aisles were noticably easier to navigate and of those people walking around, there seemed to be very few investors, with some booth holders even saying to me they don’t go to PDAC to meet investors! Continue reading
PDAC 2022 – Day 1
I have to admit to being totally wrong about the numbers for the 2022 PDAC, as I saw unprecedented queues to register and enter the show Monday, the opening day.
Some people had to wait three hours from being held outside the building due to congestion in registration, to actually being handed their badge to enter the show. Continue reading
City Investors Circle
The Toronto Metals Investor Forum June 2022 followed the patern of recent mining conferences I have participated in, in being very lightly attended.
The only exception being the Global Mining Finance Conference in London a few days ago, which was full to capacity. […] Continue reading
City Investors Circle Mining Review 12th June 2022
This week’s news was dominated by news from down under, with Gold Road and Calidus Resources putting out significant announcements. News from our Canadian watchlist was thin on the ground, with only Westhaven Gold putting out a drilling news release. […] Continue reading
Have published an updated corporate presentation, incorporating the latest news for Pirra Lithium.
Calidus recently confirmed gold production has started, and are now looking to spin out Pirra Lithium and list it on the ASX […] Continue reading
Gold Road Resources (ASX: GOR)
Acceptances for Gold Road’s friendy takeover of DGO have soared since the initial reluctance to accept th original deal, since improved slightly.
GOR now hold around 73%, so close to the 80% target and then the deal is done. […] Continue reading
The PDAC begins in Toronto next Monday
For the first time ever the PDAC, the world’s largest mining trade show, takes place in June this year, delayed due to covid concerns from its traditional frost bite and chilblain inducing March slot.
Sadly the show is smaller this year, and one wonders whether the change of date is partly the reason for that? We won’t know until next year, when, presumably, the how will revert ot its March slot. […] Continue reading
Global Mining Finance Conference, London
The final mining conference in London pre-summer took place yesterday, the Global Mining Finance Conference, and, despite tube strike issues, it was packed with every seat taken, and standing room only at the back.
Headline speakers were Goldmoney’s Head of Research, Alasdair Macleod, and CRU Consulting’s CEO, Rebecca Gordon. They were backed up with solid presentations by Anglo Asian Mining, Ariana Resources, CleanTech Lithium, and Pensana PLC. Continue reading
Westhaven Gold (TSX.V: WHN)
Announce the drill results of his current drill campaign on its 100% owned by 17,623 hectares of Shovelnose Gold ownership.
Good drill intercepts included SN22-213 (38.22 meters 3.36 g/t gold and 11.48 g/t silver) Continue reading
Calidus Resources (ASX: CAI)
Reported a “significant discovery of lithium pegmatite”, which now stretches over a distance of 43 km in the Pilbara region of Western Australia.
As a result, and as predicted here some time ago, Calidus is planning to spin out Pirra Lithium and IPO it on the ASX some time later this year. […] Continue reading
