Grid Metals Corp. received conditional approval from the TSX Venture Exchange for a joint venture with Avenir Minerals on the Falcon West Cesium Property in Manitoba, Canada. Avenir acquired an initial 15% stake for C$3.75 million and can increase its interest to 30% based on project milestones. Grid Metals retains 85% ownership and will operate the project. This partnership aims to advance exploration and development of the cesium resource, with further equity options tied to resource estimates and economic assessments.
Gold prices have been consolidating near $4,000 an ounce due to inflation-driven higher interest rates, which increase the cost of holding gold and reduce investment demand. However, the gold mining sector is showing robust fundamentals, with compani...
The Great Canadian Treasure Hunt, organized by The Northern Miner and supported by EarthLabs Inc. and other sponsors, has announced the location of its next regional prize in Manitoba. Hunters can search for six one-ounce gold coins valued at nearly ...
