Tags - Canada

Canada

Tags - Canada

Mirasol Resources expands in southern Argentina

Canada ’s Mirasol Resources (TSX-V: MRZ) announced that it has signed an option to purchase agreement which would allow it to complete the consolidation of the Sascha – Marcelina low sulfidation epithermal Au-Ag district in the Santa Cruz province of southern Argentina.

News ID: 3432 Publish Date : 2019/01/26

Canada : Iron Ore Exports Down 21% in Nov'18

Trade statistics released by Canada custom shows that the iron ore exports by the country recorded at 4.01 MnT in Nov'18. The exports depicted fall of 21% as compared to Oct'18 exports at 5.1 MnT. On yearly basis exports witnessed a fall of 4% as against 4.16 MnT in Nov'17.

News ID: 3368 Publish Date : 2019/01/23

Newmont grabs Goldcorp in $10B deal that creates world's top gold miner

US gold giant Newmont Mining (NYSE:NEM) took a page out of Barrick’s book by announcing that is buying Canada ’s Goldcorp (TSX:G) (NYSE:GG) in a $10 billion-deal that would create the world’s largest producer by output, challenging Barrick’s recently cemented supremacy.

News ID: 3269 Publish Date : 2019/01/15

Lundin kicks off underground work at flagship Fruta del Norte project

Canada ’s Lundin Gold (TSX:LUG) said Monday it has begun underground development at its flagship Fruta del Norte gold project in Ecuador, on track to kick off production later this year.

News ID: 3268 Publish Date : 2019/01/15

Torex reports record production despite challenging situation

Canada 's Torex Gold Resources (TSX:TXG) issued a media report stating that, in 2018, it produced 354,000 ounces of gold at its El Limón Guajes Complex, or ELG, located in southwest Mexico. From January to September, the company produced 246,309 ounces of gold in doré, with 11,322 additional ounces gold in carbon fines. The company also reported selling 348,000 ounces of the yellow metal.

News ID: 3246 Publish Date : 2019/01/14

Endeavour Mining increases stake in Ity gold mine to 85%

Canada ’s Endeavour Mining (TSX:EDV) (OTCQX:EDVMF) has increased its stake in its Ity gold mine in Ivory Coast to 85% from 80% by buying shares in the operation from a local company owned by former soccer star.

News ID: 3243 Publish Date : 2019/01/13

Lucara Diamond kicks off the year with 127-carat find at Karowe

Canada ’s Lucara Diamond (TSX:LUC) has kicked off the new year with yet another massive find at its flagship Karowe diamond mine in Botswana.

News ID: 3225 Publish Date : 2019/01/11

Surge Exploration announces spin-out company — CuGold

Surge Exploration (TSX‐V: SUR) announced on Wednesday that its board of directors approved a strategic reorganization of the company’s assets that would spin off its interests in the “Hedge Hog” and “Mineral Mountain” exploration projects, both copper/gold projects in British Columbia, Canada .

News ID: 3219 Publish Date : 2019/01/10

Kirkland Lake gold production hits record high

Canada ’s Kirkland Lake Gold (TSX. NYSE: KL) announced Tuesday record gold production for both 2018 and the fourth quarter of the year, thanks mainly to higher-than-expected output at its Australian Fosterville mine as well as its Ontario-based Macassa and Taylor operations.

News ID: 3211 Publish Date : 2019/01/09

Lucara Diamond to focus on Bostwana mine this year

Canada ’s Lucara Diamond (TSX:LUC), the company that hit the jackpot in 2016 after finding the world’s second-largest diamond, said Tuesday its priority this year will be the completion of a feasibility study into potential underground production and life-of-mine expansion for its Karowe project, in Botswana.

News ID: 3209 Publish Date : 2019/01/09

Canada ’s Suncor expects upstream output to jump by 13% in Q4

Suncor Energy (TSX:SU), Canada 's largest oil and gas producer by market cap, said Monday it expected overall production to increase by about 13% in the fourth quarter of 2018, thanks to higher output from its majority-owned Syncrude oil sands project in northern Alberta.

News ID: 3200 Publish Date : 2019/01/08

Canada 's Cobalt 27 goes after lithium with royalty acquisition

Canada ’s Cobalt 27 Capital (TSXV: KBLT)(OTCQX: CBLLF)(FRA: 27O) is tapping into the lithium sector by acquiring a royalty of 1.5% of gross revenues and A$2 per tonne of ore mined at the Mount Marion lithium project in Western Australia, the latest in a series of major deals the company has announced in less than a year.

News ID: 3199 Publish Date : 2019/01/08

China’s Zijin plans selling $1.2B worth of shares to fund Nevsun takeover

China’s No.1 gold producer Zijin Mining plans to issue 8 billion yuan (about $1.2 billion) worth of shares in Shanghai to finance the acquisition of Canada ’s Nevsun Resources (TSX, NYSEMKT:NSU), the biggest overseas purchase since the Beijing-backed miner went public in Hong Kong in 2003.

News ID: 3147 Publish Date : 2019/01/03

Wheaton resolves tax dispute with Canada Revenue Agency, shares surge 14%

Wheaton Precious Metals’ (TSE: WPM) shares surged over 14% Friday, following the company’s announcement that it had a reached settlement with the Canada Revenue Agency (CRA). The settlement provides for a final resolution of Wheaton's tax appeal in connection with the reassessment under transfer pricing rules for 2005 to 2010.

News ID: 2917 Publish Date : 2018/12/15