Mining

Mkango Resources secures £7m investment to complete Songwe feasibility study

Mkango Resources announced that Talaxis has invested an additional £7m into Lancaster Exploration (Lancaster), which is the holder of the licence for Songwe Hill rare earths project.

Nordgold expands investment programmes in Burkina Faso

Nord Gold more than doubled capital expenditures in the development of its three mines in Burkina Faso to over $145m in 2018 from $62m in 2017.

Maverix Metals acquires Silver Stream on the El Mochito Mine

Maverix Metals Inc. (the "Company" or "Maverix") (TSX-V: MMX) is pleased to announce that it has entered into a life of mine purchase and sale agreement for silver produced from the El Mochito Mine ("El Mochito"), owned and operated by Ascendant Resources Inc. ("Ascendant").

Taku acquires 100% of Sonora Gulch Project in Yukon’s White Gold District

Taku Gold Corp. (CSE: TAK; OTCQB: TAKUF) (the “Company” or “Taku”) is pleased to announce that it amended its previously announced property option agreement (the “Agreement”) with Golden Predator Mining Corp. (TSXV:GPY) (“Golden Predator”) and has now acquired Golden Predator’s 100% interest in the Sonora Gulch Property in Yukon’s White Gold District, in exchange for a final payment of 4,750,000 shares of Taku under the option and a 1% net smelter return royalty.

Vanguard One Potash Project

The Vanguard One potash project is located in the Saskatchewan province in Canada. Gensource Potash Corporation plans to develop the project with an estimated investment of $207m.

Golden Predator acquires 100% ownership of Reef Project

Golden Predator Mining has agreed to an amendment accelerating its option to purchase 100% of the Reef Project from Precipitate Gold consolidating 100% ownership of the 3 Aces District.

BMA completes sale of Gregory Crinum Mine to Sojitz

BHP Mitsubishi Alliance (BMA), a joint venture between BHP and Mitsubishi Development, has completed the sale of the Gregory Crinum Mine in central Queensland, to Sojitz for $71m.

Honey Badger starts drilling on Thunder Bay silver-cobalt project

Honey Badger Exploration has announced the start of a 2,000-metre drilling program on the Thunder Bay Silver-Cobalt Project, located west of Thunder Bay, Ontario.

Galantas reports gold processing to increase at Omagh Mine

Galantas Gold has reported that an expansion of gold milling operations underway at the Omagh, Northern Ireland processing plant.