Residents in five Western Québec municipalities of have overwhelmingly rejected a proposed open-pit graphite mine, with 95 percent voting against the La Loutre project in a referendum. Nearly 3,000 ballots were cast on Sunday (August 31) across Duhamel, Lac-des-Plages, Lac-Simon, Chénéville and Saint-Émile-de-Suffolk. Of those, 2,754 citizens voted against the…

Purepoint Uranium Group Inc. (TSXV: PTU,OTC:PTUUF) (OTCQB: PTUUF) (‘Purepoint’ or the ‘Company’) announces the closing of the final tranche of its previously announced private placement (the ‘Private Placement’) comprising of a combination of: 5,768,824 Saskatchewan charity flow through units (the ‘SK Flow Through Units‘) at a price of $0.65 per…

Locksley Resources Ltd is a mineral exploration company with a primary focus on identifying, exploring, and developing copper and gold deposits in New South Wales, Australia. Its Tottenham Project is a prospective for gold and copper. This post appeared first on investingnews.com

Gold’s record-breaking rise continued on Friday (September 5), with the price approaching US$3,600 per ounce. After spending the summer months consolidating, the yellow metal began breaking out this week. It pushed through US$3,500 on Tuesday (September 5) and then kept rising, coming within less than a dollar of US$3,600 on…

It’s been a historic week for precious metals, with gold nearly hitting the US$3,600 per ounce mark, and silver passing US$41 per ounce for the first time since 2011. The gold price spent the summer in a consolidation phase, and part of what’s spurring its latest move is expectations that…

Lode Gold Resources Inc. (TSXV: LOD,OTC:LODFF) (OTCQB: LODFF) (‘Lode Gold’ or the ‘Company’) is pleased to announce that it has now closed its previously announced non-brokered private placement offering for $1.0 million (the ‘Offering’). In three tranches, the Company raised total gross proceeds of $1,513,768 through the issuance of 8,409,825…