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Category: Americas

The Angas zinc mine, just outside Adelaide and currently under care and maintenance, is about to become the site of 5 MW advanced compressed air energy storage or A-CAES project which will provide synchronous inertia, load shifting and frequency regulation to the area’s electrical grid. The developer is Toronto-based Hydrostor, a firm that was awarded $9 …

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Monarch Gold (TSX: MQR) resumed diamond drilling at its wholly-owned Croinor Gold property, where activities were suspended following a winter freeze that affected Quebec’s Val-d’Or. The eastern Canadian province has been seeing major snow events since October last year. In a press release, the Canadian company explained that the purpose of the current 1,750-metre campaign …

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Yamana Gold’s (AUY) stock rebounded 4.65% in after-hours trading on Thursday after the miner announced Q4 and FY 2018 results.  During regular trading hours, Yamana closed down 1.1% in line with the weaker overall market. Yamana’s gold equivalent ounce production for the fourth quarter was 310,369, including 270,193 ounces of gold and 3.26 million ounces of …

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Nemaska Lithium’s (TSE: NMX) stock plummeted Wednesday after disclosing it has been forced to revise the budget for the Whabouchi lithium mine and Shawinigan electrochemical plant upward by $375 million. The company clawed back some of the day’s losses, but still closed the day down 35%. The Canadian developer arranged a $1.1 billion financing for …

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Vancouver-based Regency Gold (NEX: RAU.H) announced it has entered into a definitive agreement with Vanadium North Resources to acquire all of its issued and outstanding common shares, the main interest behind the buyout being the Valley of Vanadium project in the Northwest Territories. In a press release, the companies explained that Vanadium North holds an …

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