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Kinross Completes US$250 Million Bought Deal Financing
March 7, 2016
Kinross Gold Corporation has entered into an agreement with a syndicate of underwriters led by TD Securities Inc. and Scotiabank for a bought deal public equity offering for gross proceeds of approximately US$250 million. The company has granted the underwriters
Globex Acquires Richmont Mines’ Francoeur and Arntfield Gold Mine Properties, Quebec
March 7, 2016
Globex Mining Enterprises has signed a binding letter of intent with Richmont Mines Inc., where Globex will acquire 100 percent interest in the Francoeur Mine, Arntfield Mine and a large package of mining concessions, mining leases and claims in Beauchastel
Pure Gold Mining Commences Preliminary Economic Assessment at Madsen Gold Project, Ontario
March 7, 2016
Pure Gold Mining Inc. has initiated a preliminary economic assessment (PEA) of the company’s 100 percent owned Madsen Gold Project, in Ontario’s Red Lake mining district. The PEA will provide a base case assessment of near term development opportunities utilizing
Researchers Uncover Copper’s Potential for Reducing CO2 Emissions in Chemical Looping
March 7, 2016
Copper. It’s been used in wires, pipes, and pennies for decades. Ancient Egyptians used it to sterilize wounds and clean drinking water. Today some hospitals are using it to reduce bacterial infections. Now, researchers at the Department of Energy’s National
MDN Signs LOI to Acquire Argor Niobium Deposit, Canada
March 7, 2016
MDN Inc. has signed a non-binding letter of intent with Barrick Gold Inc., James Bay Columbium Ltd. and Goldcorp Inc., to acquire a 100 percent interest in the Argor property. The Argor property is located in the James Bay Lowlands
Golden Queen Pours First Gold at Soledad Mountain Gold-Silver Project, California
March 7, 2016
Golden Queen Mining Co. Ltd. has poured its first gold bar at its 50 percent-owned Soledad Mountain gold-silver project located south of Mojave, California. “Leaching of stacked ore has been ongoing since early February. Initial flow rates and ore porosity
Abcourt Mines Acquires Maudore’s Sleeping Giant Mine and Mill, Quebec
March 7, 2016
Maudore Minerals Ltd. has concluded a purchase agreement for the sale to Abcourt Mines Inc. of the Sleeping Giant mine and its mill, together with the Harricana, Dormex, Discovery, Flordin, Cameron Shear and Laflamme exploration properties. Deloitte Restructuring Inc. acted
Duke Energy Continues to Make Strong Progress Closing Coal Ash Basins, North Carolina
March 7, 2016
Duke Energy issued the following statement in response to 12 Notices of Violation issued by the North Carolina Department of Environmental Quality (NCDEQ) related to seeps at coal ash basins. The best way to reduce or eliminate seeps altogether is
Probe Metals Acquires White Metal Resources’ West Porcupine Gold Property, Ontario
March 7, 2016
Probe Metals Inc.has acquired 100 percent of the West Porcupine property held by White Metal Resources Corp. The property represents a land package of approximately 30 square kilometres and is located between Goldcorp’s Borden Gold project and the town of
Minnesota Executive Council Approves Mining Exploration Leases
March 4, 2016
Three mining companies looking for gold, silver, copper and other valuable metals in northern Minnesota were awarded exclusive rights to prospect on state-owned tracts thanks to action by top state officials Wednesday. The state’s Executive Council voted 4-1 to approve
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