Map shows global mining “relatively unscathed” by pandemic

Jul 22, 2020

No large-scale industry operates in quite as far flung and remote locations as mining does, which increases the potential of the pandemic to significantly impact global metal and mineral supply chains. A new report by management consultants PwC says the global mining industry “managed to weather the first phase of the crisis relatively unscathed”: “Global supply chains have proven highly effective in driving down the cost of mining, as has a focus on hyper-efficiency, lean principles...

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Outcrop Gold agreement for Colombia property

Jul 22, 2020

2020-07-21 18:46 ET – Property Agreement The TSX Venture Exchange has accepted for filing documentation pertaining to a purchase and sale agreement dated July 17, 2020, between Outcrop Gold Corp. and two arm’s-length parties, whereby the company has acquired applications for certain mineral concessions comprising over 17,000 hectares, located in the Mariquita district, Colombia. Under the term of the agreement, the company will make a $250,000 (U.S.) cash payment and issue one...

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Granada Gold Closes Flow-Through Private Placement

Jul 22, 2020

ROUYN NORANDA, QC, July 21, 2020 /CNW/ – Granada Gold Mine Inc. (TSXV: GGM) (the “Company” or “Granada”) is pleased to announce that the Company has closed a flow-through private placement financing raising gross proceeds of $800,000.  The Company has issued 3,200,000 flow-through shares at a price of $0.25 per flow-through share, subject to TSX Venture Exchange (“Exchange”) approval. Finder’s fees totaling $56,000 in cash and 224,000...

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