Canadian mining news

Osisko Mining, Inc. has recently completed a bought deal private placement of flow-through shares and common shares including an underwriter’s option.

Imperial Metals Corporation has reported drilling intersects of 21.7 m grading 16.99% zinc and 3.44% lead and 2.41 g/t silver at Ruddock Creek.

Monarques Gold Corporation starts a new diamond drilling programme on its wholly-owned McKenzie Break gold property in Quebec.

The parties have agreed to a new method for calculating the royalty in respect of concentrates processed prospectively at Vale’s Long Harbour processing plant in Newfoundland and Labrador, Canada.

Dalradian Resources Inc. receives final court order from Ontario Superior Court of Justice, approving its proposed arrangement with Orion Mine Finance.

The decision to suspend has been attributed to the low grades of the ore mined at Beaufor in recent quarters, combined with the persistent weakness in the price of gold and difficulties recruiting qualified manpower in the region.

Centerra Gold has agreed to further extend the First Longstop Date under the Strategic Agreement for Environmental Protection and Investment Promotion with the Government of the Kyrgyz Republic.

The new pipe will provide an important source of incremental supply over the next four years to sustain production levels at the Rio Tinto-operated mine.

Osisko Mining Inc. has entered an agreement to acquire all of the issued and outstanding common shares of Beaufield Resources Inc.