Providence Gold Mines Inc. (“Providence” or the “Company”) announces that subject to Regulatory approval it has entered an option agreement to acquire the “La Dama de Oro Gold Property”. The property is a historical gold mine 100% owned by the Optionor, (” Mohave Gold Mining”), a private Company incorporated under the laws of the state…
ESGold (CSE:ESAU,OTCQB:ESAUF) has signed a binding memorandum of understanding with Colombian firm Planta Magdalena to form a 50/50 joint venture on a fully permitted gold- and silver-bearing tailings project. Under the agreement, ESGold will invest C$1.5 million for its stake and will retain a first right of refusal to acquire the remaining 50 percent interest…
Commodities giant Glencore (LSE:GLEN,OTC Pink:GLCNF) has submitted applications to place two of its flagship copper projects in Argentina under a new investment regime. The Switzerland-based firm is seeking to include the El Pachón deposit in San Juan and the Agua Rica deposit in Catamarca under Argentina’s recently introduced Incentive Regime for Large Investments (RIGI). Together,…
Privately owned Rare Earths Americas (REA) has formed in a bid to explore and develop high-grade rare earths assets in the US and Brazil, looking to consolidate supply chains for various domestic sectors. The company, which raised AU$25 million in a private funding round, said it combines experienced operators and investors with “deep expertise across…
Uranium mining in Canada accounts for 13 percent of global output, making the Great White North the second largest producer of uranium in the world, behind only Kazakhstan. Canada hosts 9 percent of the world’s uranium resources and is home to the biggest deposits of high-grade uranium. Their grades of up to 20 percent uranium…
