Mining

Gensource steps closer to first production with Innovare acquisition

Gensource has worked with Innovare over the past six years to develop Gensource’s modular potash production module, earmarked for its first deployment at Tugaske. “This...

Gold Mountain arranges $9.5m public offering to fund development of Elk project

Proceeds of this financing will be used for the development of the company’s Elk gold project, which began production last fall and is currently...

i-80 Gold closes remaining portions of $135m financing to advance Nevada mine complex

Combined with the previously completed financing segments, one of which involved Sprott Asset Management, i-80 now has approximately $165 million in cash and restricted cash. The...

MAC cheers Canadian government’s $3 billion budget commitment to mining

MAC believes Budget 2022 reinforces the government’s commitment to climate action and supply chain security goals by providing strategic funding and programmatic supports to Canada’s minerals...

Novo sells New Found Gold stake to Sprott for $100 million

The share sale will be conducted in two tranches. The first tranche will consist of 8.25 million NFG shares priced at C$8.35 for gross...

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