Nevada Copper Announces Financing Update

2021-10-01 16:55:18 YERINGTON, Nev., Oct. 01, 2021 (GLOBE NEWSWIRE) — Nevada Copper Corp. (TSX: NCU) (OTC: NEVDD) (“Nevada Copper” or the “Company”) is pleased announce that the Company has received a further extension of the waiver from KfW IPEX-Bank (“KfW”), the Company’s senior project lender, to October 31, 2021 to complete the project completion test […]

Mexico gears up for international arbitration, searches for legal counsel

2021-10-01 15:53:12 In March, Canadian miner First Majestic said it started legal proceedings against the government of Mexico following a prolonged tax dispute. Mexico has calculated that First Majestic owes 11 billion pesos ($544 million) in delinquent taxes. The U.S. oilfield services firms also requested international arbitration in March regarding contracts entered into with a […]

Makara Mining Announces Rejection of Shareholder Requisition

2021-10-01 15:33:37 VANCOUVER, BC, Oct. 1, 2021 /CNW/ – Makara Mining Corp. (CSE: MAKA) (the “Company“) announces, that further to its news release of September 21, 2021, the Board of Directors has rejected the requisition made by Thu Bich Thi Gui and Purita Querida (the “Requisitionists”) pursuant to section 167 of the Business Corporations Act (British […]

Comstock Metals Announces Closing of Non-Brokered Private Placement of Units and Flow-Through Units

2021-10-01 15:18:27 Vancouver, British Columbia–(Newsfile Corp. – October 1, 2021) – Comstock Metals Ltd. (TSXV: CSL) (“Comstock” or the “Company“) is pleased to announce that it is has closed previously disclosed proposed non-brokered private placement of units (“Units“) and flow-through units (“FT Units“) (see press release dated September 28, 2021) for aggregate gross proceeds of […]

Emgold Mining Provides Corporate Update

2021-10-01 14:48:15 VANCOUVER, BC / ACCESSWIRE / October 1, 2021 / Emgold Mining Corporation (TSXV:EMR) (OTCQB:EGMCF) (FRA:EMLM) (BSE:EMLM) (“Emgold” or the “Company”) announces the appointment of Denise Landsberger as Corporate Secretary for the Company, effective October 1, 2021. Ms. Landsberger is the corporate and administrative clerk at Vancouver Corporate Solutions Inc. (“VCS“). Ms. Landsberger has […]

Aton Resources announces Operations and Corporate Update

2021-10-01 14:32:06 VANCOUVER, British Columbia, Oct. 01, 2021 (GLOBE NEWSWIRE) — Aton Resources Inc. (AAN: TSX-V) (“Aton” or the “Corporation”) announces the following operations and corporate updates. Operations Update Aton signed a drilling contract with Energold Drilling Ltd. in June to complete a minimum of 4,250 metres of diamond drilling at the Corporation’s Abu Marawat […]

Norsemont Mining Board Member Moves to Advisory Board

2021-10-01 14:10:04 Vancouver, B.C. – TheNewswire – October 1st, 2021 – Norsemont Mining Inc. (CSE:NOM) (CNSX:NOM.CN) (OTC:NRRSF) (FWB:LXZ1) (“Norsemont” or the “Company”) announces Mr. Bill Koutsouras has resigned from the Company’s Board of Directors effective September 30, 2021, due to his commitments as Lead Director of Galaxy Digital Holdings and as Chairman of Wheaton River […]

O3 Mining Acquires 80% Interest in the Centremaque Property Located on Its Alpha Property

2021-10-01 14:06:06 TORONTO, Oct. 1, 2021 /CNW/ – O3 Mining Inc. (TSXV: OIII) (OTCQX: OIIIF) (“O3 Mining” or the “Corporation“) is pleased to announce that its wholly-owned subsidiary, Alexandria Minerals Corporation (“Alexandria“), has acquired an 80% undivided interest (the “Acquired Interest“) in the Centremaque Property, located on O3 Mining’s Alpha Property in Val-d’Or, Québec, Canada (the […]

Gold Springs Resource News from Drilling Activities at White Point

2021-10-01 14:03:17 VANCOUVER, BC / ACCESSWIRE / October 1, 2021 / Gold Springs Resource Corp. (TSX:GRC) (OTCQB:GRCAF) (the “Company” or “GRC“) is pleased to announce that it has now completed 9 holes on the White Point target as part of the 27,300 meters, 2021 RC drilling program at its flagship Gold Springs project located in […]

Stagflation risk is back and gold price is ready to react – analysts

(Kitco News) The stagflation risk is back on the table as the looming energy crisis stirs up old inflation fears. This is good news for gold, which proved this week that there is strong buying interest below the $1,750 an ounce level, according to analysts. After falling towards $1,720 an ounce mid-week, gold surprised […]

Free Article Limit Reached – The Northern Miner

[ad_1] Whatever one thinks of the logic behind the ‘merger of equals’ announced this week between Agnico Eagle Mines and Kirkland Lake Gold, one thing is abundantly clear: The business combination will indeed create a ‘Canadian mining Champion’ in the words… You’ve reached your limit of free weekly articles. Enjoy 4 weeks of unrestricted access: […]

Tony Beets Discusses Gold Rush’s Exciting Season 12 Prospects

[ad_1] Hi, Tony. How are you, sir? Cold this morning. Time to go to Mexico. So let me ask you a little bit about “Gold Rush” Season 12. For this season, you’re reopening the Indian River claim. What factors led you to target that land for the optimal gold mining this time around? In that […]

Silicon’s 300% surge throws another price shock at the world

2021-10-01 10:19:29 The worsening situation has forced some companies to declare force majeure. On Friday, Norwegian chemicals manufacturer Elkem ASA said it and several other companies making silicone-based products suspended some sales due to to the shortage. The silicon issue also captures how the global energy crisis is cascading through economies in multiple ways. The […]

79North Completes $850,000 Non-Brokered Private Placement

2021-10-01 10:17:36 TORONTO, Oct. 01, 2021 (GLOBE NEWSWIRE) — 79North Inc. (CSE: JQ; OTCQB: SVNTF; FRA: 6120) (“79North” or the “Company”) is pleased to announce that it has completed the previously announced non-brokered private placement of the Company consisting of an aggregate of 5,668,300 units of the Company (the “Units”) at a price of $0.15 […]

Peru’s mining industry expands 5% in August – report

Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here! (Kitco News) – The National Institute of Statistics and Informatics of Peru (INEI) announced today that the domestic mining and hydrocarbons […]

Filo Mining Virtually Opens the Market

2021-10-01 08:01:38 TORONTO, Oct. 1, 2021 /CNW/ – Jamie Beck, President and Chief Executive Officer, Filo Mining Corp. (“Filo Mining” or “the Company”) and his team members from Canada and Argentina joined Arne Gulstene, Head of TSX Company Services, TMX Group, to celebrate Filo Mining’s first day of trading on Toronto Stock Exchange (TSX:FIL) and […]

Gold edges higher in line with global markets

2021-10-01 07:54:00 A shopkeeper can be seen arranging gold sets in his shop. — Reuters/File Bullion price settles at Rs114,100 per tola on Friday. Dealers believe that despite lack of purchasing power, the demand for the precious commodity will increase due to the wedding season. Gold rates in Pakistan are around Rs1,500 below cost compared […]

Gold prices stuck in neutral as ISM Manufacturing Index rises to 61.1

2021-10-01 07:06:00 Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here! Editor’s Note: The article orginaly printed a wrong number for the headline increase in the September ISM Manufacturing Index. The […]

CMC Metals Ltd. Adopts Advanced Notice Policy

[ad_1] VANCOUVER, BC / ACCESSWIRE / October 1, 2021 / CMC Metals Ltd. (TSXV:CMB) (FSE:ZM5N) (OTC PINK:CMCZF); (the “Company“) is pleased to announce that it has adopted an advance notice policy (the “Advance Notice Policy“), establishing a framework for advance notice of nominations of directors by shareholders of the Company. The Advance Notice Policy, among […]