K92 Mining Inc. is engaged in the exploration, development, and mining of mineral deposits in Papua New Guinea, focusing primarily on the Kainantu Gold Mine. This property, covering approximately 410 square kilometers in the Eastern Highlands province, was previously mined by Highlands Pacific and Barrick Gold between 2006 and 2009. K92 Mining aims to advance the Kainantu project towards production while expanding known mineralization areas and exploring high-priority targets. The company is headquartered in Vancouver, Canada, and is led by a team of industry professionals with extensive expertise in mining, production startups, and mineral exploration. K92 Mining produces gold, copper, and silver, contributing to the region's mining landscape.
Guerrero Ventures Inc. is a Canadian mining company based in Vancouver, British Columbia, focused on the exploration and development of precious and base metal resources. The company seeks to enhance shareholder value by acquiring, exploring, and developing mineral properties while adhering to best practices in environmental stewardship and stakeholder engagement. Guerrero Ventures is actively exploring the Biricu Project, located in the Guerrero Gold Belt in Mexico, adjacent to significant mining operations. The Biricu Project spans 90,000 acres and is undergoing modern exploration, having completed a maiden diamond drill program of 5,300 metres in December 2014. Plans for a second phase of diamond drilling are anticipated to commence in the latter half of 2015.
Luminex Resources Corp. is a Canadian exploration and development company based in Vancouver, specializing in precious and base metals, particularly gold and copper. The company focuses on projects located in Ecuador, owning interests in the Condor project, which encompasses nine mineral concessions across an area of 10,101 hectares in the Zamora-Chinchipe Province. Additionally, Luminex has significant land holdings related to the Tarqui and Pegasus projects and has established earn-in agreements with major mining firms, BHP and Anglo American, for its Tarqui and Pegasus A&B concessions. Founded in 2018, Luminex Resources is committed to exploring various early-stage projects in Ecuador.
Nighthawk Gold Corp. identifies, acquires, explores for, and evaluates gold properties in Canada. Its land position covers an area of 222,203 acres located to the north of Yellowknife, Northwest Territories. It owns a 100% interest in the Indin Lake Gold property that consists of the Colomac Gold Project in the Northwest Territories. The company was formerly known as Merc International Minerals Inc. and changed its name to Nighthawk Gold Corp. in April 2012. Nighthawk Gold Corp. was incorporated in 2004 and is headquartered in Toronto, Canada.
Sun Metals Corp. is a mineral exploration company based in Vancouver, Canada, primarily focused on exploring mineral properties for polymetallic carbonate, copper, gold, and molybdenum deposits. The company's flagship asset is the Stardust Project, located in north-central British Columbia. Sun Metals is engaged in the exploration stage of mining, concentrating its efforts on assessing and developing its mineral resources within this region.
Elemental Royalties Corp. operates as a gold focused royalty company. The company has a portfolio of five royalties over producing assets in Burkina Faso, Chile, Mexico, Kenya, and Western Australia. Elemental Royalties Corp. is based in Vancouver, Canada.
K2 Gold Corporation is a junior mineral exploration company based in Vancouver, Canada, focused on acquiring and exploring gold and silver projects in North America. The company holds the Mojave Gold project in southern California, which spans approximately 5,830 hectares, and the GDR property in the Yukon Territory, covering 3,073 hectares. Additionally, K2 Gold has a 90% interest in the Wels property, encompassing 346 quartz claims over a total area of 7,200 hectares, as well as the Ladue property, which consists of 208 claims across about 4,350 hectares in the Yukon. The company also owns the McArthur Creek property in east-central Alaska, comprising 123 claims. Established in 2011 and formerly known as West Melville Metals Inc., K2 Gold aims to evaluate and develop economic mineral deposits while also assessing the potential of other minerals in various locations.
Kaminak Gold is a Canada-based exploration company focused on the development of its wholly owned Coffee Gold Project, situated in the Yukon Territory. This project is recognized as a high-grade oxide gold district with multi-million ounce potential, suitable for heap leaching. Following a robust Preliminary Economic Assessment, the company is progressing towards a Feasibility Study to further evaluate the project's economic viability. The Coffee Gold Project is strategically located south of Dawson City, emphasizing Kaminak Gold's commitment to advancing mineral exploration and development in the region.
Nova Royalty Corp. is a royalty company based in Vancouver, Canada, that specializes in acquiring royalties on copper and nickel deposits. Established in 2018, the company targets prominent copper and nickel projects that are essential for the global energy transition. Nova Royalty purchases royalties from a diverse range of sources, including vendors, private individuals, prospectors, mining companies, and government agencies. By employing a royalty model, the company makes a single upfront payment to acquire the rights to a portion of the mine's revenue, allowing it to benefit from the entire revenue stream without incurring ongoing operating costs or additional capital commitments. Its portfolio includes significant projects such as NuevaUnion Copper-Gold, Taca Taca, Copper World Complex, Aranzazu, Josemaria, and West Wall, among others.
Copper Mountain Mining Corporation is a Canadian mining company that specializes in the exploration and production of copper, gold, and silver. Established in 2006 and headquartered in Vancouver, the company’s primary asset is the Copper Mountain mine located near Princeton, British Columbia. This mine encompasses a substantial area of 6,702.1 hectares, including various mineral claims and mining leases. The company also holds additional projects in Peru and the United States, emphasizing its focus on operating in secure, investment-grade jurisdictions. Copper Mountain Mining aims to enhance its value by pursuing successful exploration, project development, and efficient operations while maintaining a diversified portfolio to manage risks effectively.
Superior Gold Inc. is a gold producer engaged in the acquisition, exploration, development, and operation of gold resource properties. Its primary asset is the Plutonic gold mine, located approximately 800 kilometers northeast of Perth, Western Australia. The Plutonic mine has been in continuous operation since 1990 and has produced over 5 million ounces of gold, making it one of the largest historic gold producers in the region. Incorporated in 2016 and based in Toronto, Canada, the company focuses on generating revenue primarily through the sale of gold.
Denison Mines Corp is a uranium exploration and development company primarily focused on the Athabasca Basin region of northern Saskatchewan, Canada. The company holds a 95% interest in its flagship Wheeler River Uranium Project, recognized as the largest undeveloped uranium project in the area. In addition to its exploration and development activities, Denison Mines is involved in mine decommissioning and environmental services through its Closed Mines group, which oversees the reclamation of its Elliot Lake projects and offers third-party post-closure care and maintenance services.
Aurania is a junior exploration mining company engaged in the identification, evaluation, acquisition and exploration of mineral property interests, with a focus on precious metals and copper. Its flagship asset, The Lost Cities – Cutucu Project, is located in the Jurassic Metallogenic Belt in the eastern foothills of the Andes mountain range of southeastern Ecuador.
Pasofino Gold Limited is a Canadian gold exploration company focused on the acquisition, exploration, and development of mineral properties. The company holds an option to acquire a 50% interest in the Roger gold-copper project, which spans approximately 987 hectares in Quebec's Abitibi Greenstone Belt. Additionally, it has a 49% interest in the Dugbe gold project, covering an area of 2,355 square kilometers in southern Liberia. Originally incorporated in 2010 as Enforcer Gold Corp., the company rebranded to Pasofino Gold Limited in October 2019 and is headquartered in Vancouver, Canada.
Adventus Mining Corporation is engaged in the exploration and development of mineral properties primarily in Ecuador, with additional projects in Canada and Ireland. The company focuses on discovering deposits of gold, silver, zinc, copper, and lead. Its principal asset is the Curipamba property in Ecuador. Adventus Mining also holds a portfolio of exploration projects and equity investments in Ireland and Canada, which are supported by commercial partners. Founded in 2016 and headquartered in Toronto, Canada, Adventus Mining was previously known as Adventus Zinc Corporation until its name change in June 2019.
Erdene Resource Development Corporation is a Canadian resource exploration company engaged in the acquisition, exploration, and development of precious and base mineral deposits in Mongolia. With over 15 years of experience, Erdene focuses on exploring for copper, molybdenum, gold, silver, lead, and zinc. The company holds interests in three exploration licenses covering approximately 4,842 hectares and three mining licenses encompassing about 13,019 hectares. Its principal projects include the Khundii Gold Project and the Altan Nar gold discovery, both situated in the highly prospective Tian-Shan copper-gold belt in southwest Mongolia, near the Chinese border. The Zuun Mod project, which includes the Khuvyn Khar copper-silver project, is also located within this mineral-rich region. Erdene Resource Development Corporation was incorporated in 2000 and is headquartered in Dartmouth, Canada.
NexGold Mining Corp is an exploration-stage company focused on the evaluation of mineral resources in Canada, particularly in the northwestern Ontario region. The company is actively involved in the exploration of various projects, including the Goliath Gold Project, which is its flagship asset, as well as the Goldlund and Miller Gold Projects. The Goliath Gold Project encompasses a significant area of mining claims and is strategically located near Dryden, providing access to essential infrastructure. NexGold is currently advancing its projects through the Canadian permitting process, aiming for future mining production and the establishment of processing facilities.
Troilus Gold is a Canadian based development stage resource company focused on the potential restart and mineral expansion of the former producing Troilus gold and copper mine, located within the Frotêt-Evans Greenstone Belt in Quebec.
Marathon Gold Corporation is a Canadian company focused on the acquisition, exploration, and development of mineral resource projects, primarily targeting gold and other precious and base metals. The company's flagship asset is the Valentine Lake gold property, situated in Newfoundland and Labrador. This project encompasses a series of four mineralized deposits connected by a 20-kilometer system, showcasing the company's commitment to advancing its mining operations. Incorporated in 2009, Marathon Gold is headquartered in Toronto, Canada, and aims to leverage its exploration efforts to enhance its portfolio in the mining sector.
Denison Mines Corp is a uranium exploration and development company primarily focused on the Athabasca Basin region of northern Saskatchewan, Canada. The company holds a 95% interest in its flagship Wheeler River Uranium Project, recognized as the largest undeveloped uranium project in the area. In addition to its exploration and development activities, Denison Mines is involved in mine decommissioning and environmental services through its Closed Mines group, which oversees the reclamation of its Elliot Lake projects and offers third-party post-closure care and maintenance services.
Stornoway Diamond Corporation is a Canadian company focused on the mining, acquisition, and exploration of diamond properties. Established in 1986 and headquartered in Longueuil, Quebec, its principal asset is the Renard mine, located in north-central Quebec. This project, which is currently under construction, is set to become the first diamond mine in the province. Stornoway aims to leverage its world-class asset in a favorable mining jurisdiction to drive growth and contribute to the diamond industry.
Sun Metals Corp. is a mineral exploration company based in Vancouver, Canada, primarily focused on exploring mineral properties for polymetallic carbonate, copper, gold, and molybdenum deposits. The company's flagship asset is the Stardust Project, located in north-central British Columbia. Sun Metals is engaged in the exploration stage of mining, concentrating its efforts on assessing and developing its mineral resources within this region.
K92 Mining Inc. is engaged in the exploration, development, and mining of mineral deposits in Papua New Guinea, focusing primarily on the Kainantu Gold Mine. This property, covering approximately 410 square kilometers in the Eastern Highlands province, was previously mined by Highlands Pacific and Barrick Gold between 2006 and 2009. K92 Mining aims to advance the Kainantu project towards production while expanding known mineralization areas and exploring high-priority targets. The company is headquartered in Vancouver, Canada, and is led by a team of industry professionals with extensive expertise in mining, production startups, and mineral exploration. K92 Mining produces gold, copper, and silver, contributing to the region's mining landscape.
Troilus Gold is a Canadian based development stage resource company focused on the potential restart and mineral expansion of the former producing Troilus gold and copper mine, located within the Frotêt-Evans Greenstone Belt in Quebec.
Lumina Gold Corp. is a Vancouver-based exploration stage company focused on the acquisition, exploration, evaluation, and development of precious and base metals in Ecuador. The company primarily targets gold and copper deposits, with its principal project being the Cangrejos project in El Oro Province, which encompasses approximately 6,373 hectares. This project is currently undergoing a Pre-Feasibility Study and is recognized as the primary gold deposit in Ecuador. Lumina Gold, formerly known as Odin Mining and Exploration Ltd., has a management team with a proven track record in advancing and monetizing exploration projects. Established in 1988, the company continues to concentrate its efforts on mineral properties in Ecuador.
Marathon Gold Corporation is a Canadian company focused on the acquisition, exploration, and development of mineral resource projects, primarily targeting gold and other precious and base metals. The company's flagship asset is the Valentine Lake gold property, situated in Newfoundland and Labrador. This project encompasses a series of four mineralized deposits connected by a 20-kilometer system, showcasing the company's commitment to advancing its mining operations. Incorporated in 2009, Marathon Gold is headquartered in Toronto, Canada, and aims to leverage its exploration efforts to enhance its portfolio in the mining sector.
Troilus Gold is a Canadian based development stage resource company focused on the potential restart and mineral expansion of the former producing Troilus gold and copper mine, located within the Frotêt-Evans Greenstone Belt in Quebec.
Fireweed Zinc is a Canadian mining exploration and development company focused on advancing the Macmillan Pass Project which is host to the large Tom and Jason zinc-lead-silver deposits. Management’s vision is to create value for our shareholders by building Fireweed Zinc into a leading base metal development and production company through the advancement and development of the Macmillan Pass Project. The Company has an exceptional veteran management team with a strong track record of successful exploration, development, financing, and operation.
McEwen Mining Inc. is engaged in the exploration, development, production, and sale of gold and silver, operating primarily in the United States, Canada, Mexico, and Argentina. The company holds a 49% interest in the San José silver-gold mine in Argentina and owns several projects in Mexico, including the El Gallo complex. In Canada, McEwen Mining controls the Black Fox Mine and several exploration properties, while also owning interests in the Gold Bar project in Nevada and the Los Azules copper deposit in Argentina. The company's exploration efforts are focused on acquiring and developing additional resources in regions surrounding its existing operations, such as Santa Cruz province in Argentina and areas adjacent to significant mining sites in Nevada and Mexico. Founded in 1979 and headquartered in Toronto, Canada, McEwen Mining aims to position itself as a profitable mid-tier producer within the industry.
Lumina Gold Corp. is a Vancouver-based exploration stage company focused on the acquisition, exploration, evaluation, and development of precious and base metals in Ecuador. The company primarily targets gold and copper deposits, with its principal project being the Cangrejos project in El Oro Province, which encompasses approximately 6,373 hectares. This project is currently undergoing a Pre-Feasibility Study and is recognized as the primary gold deposit in Ecuador. Lumina Gold, formerly known as Odin Mining and Exploration Ltd., has a management team with a proven track record in advancing and monetizing exploration projects. Established in 1988, the company continues to concentrate its efforts on mineral properties in Ecuador.
Northern Empire Resources Corp. is focused on the acquisition, exploration, and development of gold deposits primarily in the United States. The company owns a 100% interest in several key projects, including the Sterling gold project in Nye County, Nevada, and two properties located southeast of Fairbanks, Alaska: the Richardson property, covering approximately 11,300 hectares, and the Hilltop gold property, spanning about 12,600 hectares. Additionally, Northern Empire has been involved with the Kiyuk Property in southern Nunavut, which consists of over 490 square kilometers of mineral claims on Crown land. Founded as Prosperity Goldfields Corp., the company rebranded as Northern Empire Resources Corp. in December 2014. It is headquartered in Vancouver, Canada, and was acquired by Coeur Mining, Inc. in October 2018.
Troilus Gold is a Canadian based development stage resource company focused on the potential restart and mineral expansion of the former producing Troilus gold and copper mine, located within the Frotêt-Evans Greenstone Belt in Quebec.
HIVE Blockchain Technologies Ltd. is a cryptocurrency mining company based in Vancouver, Canada, with operations in Canada, Sweden, and Iceland. The company specializes in the mining and sale of digital currencies, primarily focusing on Ethereum, Ethereum Classic, and Bitcoin. Established in 1987 and rebranded in 2017, HIVE Blockchain is a collaboration between Genesis Mining, a leading cryptocurrency mining entity, and Fiore Group. Genesis Mining, founded by early Bitcoin investors, has significant experience in the sector, having built the first large-scale Bitcoin mining facility in 2014 and the world's largest Ether mining facility in 2016. HIVE aims to enhance the blockchain sector by integrating traditional capital markets with blockchain infrastructure development.
Osisko Gold Royalties is an intermediate precious metal royalty company based in Montreal, Quebec. It specializes in acquiring and managing a diverse portfolio of over 130 royalties, streams, and precious metal offtakes, primarily focused on North America. The company's most significant asset is a 5% net smelter return royalty on the Canadian Malartic Mine, the largest gold mine in Canada. In addition to its royalty interests, Osisko maintains stakes in several publicly traded resource companies, including Barkerville Gold Mines and Osisko Mining. The company operates under two main segments: managing precious metal royalties and the exploration and development of mining projects. Osisko's income is predominantly generated from North America, with ongoing exploration efforts in various locations, including the Hammond Reef Project in Ontario and other ventures in Mexico.
Cordoba Minerals Corp. is a mineral exploration company focused on the acquisition, exploration, and development of precious and base metal properties, primarily in Colombia and the United States. The company is advancing its San Matias Project, which encompasses the Alacran deposit and several satellite deposits, including Montiel East, Montiel West, and Costa Azul. Located in the Department of Córdoba, Colombia, approximately 200 kilometers north of Medellin, the San Matias Project is a key asset for Cordoba, where it aims to discover significant copper and gold resources. Cordoba Minerals was established in 2009 and is headquartered in Vancouver, Canada. The company holds a 100% interest in the San Matias Project, having acquired it from High Power Exploration Inc., which now maintains a 67% economic interest in Cordoba.
Harte Gold Corp. engages in the acquisition, exploration, evaluation, development and mining of mineral resource properties in Canada. The company explores for gold deposits. The company owns 100% interests in the Sugar Zone property, which consists of 69 boundary cell claims, 43 single cell claims, 197 multi-cell claims, and four mining leases covering an area of approximately 1,467.26 hectares located in the Sault Ste. Marie Mining Division in Ontario. It also holds interests in the Stoughton-Abitibi property situated to the north-east of Kirkland Lake, Ontario. The company was formerly known as Harte Resources Company and changed its name to Harte Gold Corp. in December 2003. Harte Gold Corp. was incorporated in 1982 and is based in Toronto, Canada.
K92 Mining Inc. is engaged in the exploration, development, and mining of mineral deposits in Papua New Guinea, focusing primarily on the Kainantu Gold Mine. This property, covering approximately 410 square kilometers in the Eastern Highlands province, was previously mined by Highlands Pacific and Barrick Gold between 2006 and 2009. K92 Mining aims to advance the Kainantu project towards production while expanding known mineralization areas and exploring high-priority targets. The company is headquartered in Vancouver, Canada, and is led by a team of industry professionals with extensive expertise in mining, production startups, and mineral exploration. K92 Mining produces gold, copper, and silver, contributing to the region's mining landscape.
Northern Empire Resources Corp. is focused on the acquisition, exploration, and development of gold deposits primarily in the United States. The company owns a 100% interest in several key projects, including the Sterling gold project in Nye County, Nevada, and two properties located southeast of Fairbanks, Alaska: the Richardson property, covering approximately 11,300 hectares, and the Hilltop gold property, spanning about 12,600 hectares. Additionally, Northern Empire has been involved with the Kiyuk Property in southern Nunavut, which consists of over 490 square kilometers of mineral claims on Crown land. Founded as Prosperity Goldfields Corp., the company rebranded as Northern Empire Resources Corp. in December 2014. It is headquartered in Vancouver, Canada, and was acquired by Coeur Mining, Inc. in October 2018.
Leucrotta Exploration Inc. is an oil and natural gas company based in Canada, primarily focused on the Montney formation. The company operates in the Dawson area of Northeast British Columbia, holding approximately 100,500 gross acres, which equates to about 157 sections of Montney land in Doe/Mica. Leucrotta is engaged in the acquisition, development, exploration, and production of oil and natural gas reserves, currently producing around 3,000 barrels of oil equivalent per day.
Leucrotta Exploration Inc. is an oil and natural gas company based in Canada, primarily focused on the Montney formation. The company operates in the Dawson area of Northeast British Columbia, holding approximately 100,500 gross acres, which equates to about 157 sections of Montney land in Doe/Mica. Leucrotta is engaged in the acquisition, development, exploration, and production of oil and natural gas reserves, currently producing around 3,000 barrels of oil equivalent per day.
Novo's focus is to evaluate, acquire and explore gold properties. Novo owns the approximately 10 square kilometer Beatons Creek Tenements in Western Australia and has the right to earn a 70% interest in the approximately 1,800 square kilometer Pilbara Paleoplacer Gold Project (includes the Beatons Creek and Marble Bar paleoplacer gold projects) in Western Australia from the Creasy Group. The Company's present focus is its Beatons Creek and Marble Bar paleoplacer gold projects in Western Australia. The Beatons Creek Tenements cover extensive exposures of the Beatons Creek conglomerates, a series of Archaean age pyritic conglomerates hosting gold mineralization similar to that of the Witwatersrand Basin in the Republic of South Africa. Shallow gold reefs were first identified and mined in this area beginning in the late 1800's.
Trevali Mining Corporation is a base-metals mining company focused on the acquisition, exploration, development, and production of mineral properties, primarily targeting zinc, lead, silver, gold, and copper deposits. The company operates several mines, including the Perkoa Mine in Burkina Faso, the Rosh Pinah Mine in Namibia, the Caribou Mine in New Brunswick, Canada, and the Santander Mine in Peru. The Santander Mine produces zinc and lead-silver concentrates at a capacity of 2,000 tonnes per day, while the Caribou Mine is undergoing commissioning with a planned capacity of 3,000 tonnes per day. Trevali Mining generates revenue primarily through the sale of zinc and lead-silver concentrates. Established in 1964 and headquartered in Vancouver, Canada, the company was formerly known as Trevali Resources Corp.
JDL Gold Corp. is focused on building a precious metals and copper producing company through the acquisition and development of high value mineral assets.
Sphinx Resources Ltd. is a Canadian company focused on the acquisition, exploration, and development of mineral properties, primarily targeting deposits of zinc, copper, nickel, lead, palladium, platinum, gold, and silver. The company holds a 100% interest in several projects in southwestern Quebec, including the Calumet-Sud project, which encompasses 21 claims over 12.14 square kilometers, and the Green Palladium project, consisting of 74 claims covering 41 square kilometers. Other significant projects include Tessouat, Tessouat-Sud, Obwondiag, Soufflot, and Patrie, alongside an option for the Calumet-Nord project. Sphinx aims to generate or acquire quality exploration projects in a recognized mining jurisdiction while ensuring social acceptability and low-cost exploration through year-round ground access. Previously known as Donner Metals Ltd., Sphinx Resources Ltd. was incorporated in 2005 and is headquartered in Montreal.
Sabina Gold & Silver Corp. is an emerging precious metals company with district scale, world class undeveloped assets in one of the world's newest, politically stable mining jurisdictions: Nunavut, Canada.
Sabina recently released a Feasibility Study on its 100% owned Back River Gold Project which presents a project that has been designed on a fit-for purpose basis, with the potential to produce ~200,000 ounces a year for ~11 years with a rapid payback of 2.9 years. At a US$1,150 gold price and a 0.80 exchange rate, the Study delivers a potential after tax internal rate of return of approximately 24.2% with an initial CAPEX of $415 million.
Copper Mountain Mining Corporation is a Canadian mining company that specializes in the exploration and production of copper, gold, and silver. Established in 2006 and headquartered in Vancouver, the company’s primary asset is the Copper Mountain mine located near Princeton, British Columbia. This mine encompasses a substantial area of 6,702.1 hectares, including various mineral claims and mining leases. The company also holds additional projects in Peru and the United States, emphasizing its focus on operating in secure, investment-grade jurisdictions. Copper Mountain Mining aims to enhance its value by pursuing successful exploration, project development, and efficient operations while maintaining a diversified portfolio to manage risks effectively.
Integra's primary focus is on exploring and advancing its high-grade Lamaque South project in Val-d'Or, Québec.
Sabina Gold & Silver Corp. is an emerging precious metals company with district scale, world class undeveloped assets in one of the world's newest, politically stable mining jurisdictions: Nunavut, Canada.
Sabina recently released a Feasibility Study on its 100% owned Back River Gold Project which presents a project that has been designed on a fit-for purpose basis, with the potential to produce ~200,000 ounces a year for ~11 years with a rapid payback of 2.9 years. At a US$1,150 gold price and a 0.80 exchange rate, the Study delivers a potential after tax internal rate of return of approximately 24.2% with an initial CAPEX of $415 million.
Atlantic Gold Corporation is a well-financed, growth-oriented gold development group with a long term strategy to create a mid-tier gold production group focused on manageable, executable projects in mining-friendly jurisdictions.
SEMAFO’s corporate vision – establish enduring relationships with the countries in which we operate and through our experience, expertise and financial acumen, partner to responsibly develop natural resources – showcases the Canadian company’s association of sustainable development with geological and mining development. The spirit of this mission forms a thread that runs throughout our history. In 1993, Benoit La Salle, founder of SEMAFO, was on a philanthropic mission in Africa when the authorities in Burkina Faso proposed that he return in order to help realise the untapped mineral potential in the country. SEMAFO, which results from the amalgamation of three small exploration companies, was incorporated two years later in order to launch the mining sector in Burkina Faso. The name SEMAFO is an acronym for Société d’Exploration Minière en Afrique de l’Ouest, the French version of our former name “West Africa Mining Exploration Corporation”. From the outset, the Corporation’s modus operandi was closely aligned with the founder’s humanitarian vision of West Africa as evidenced by an early corporate commitment: “We are committed to conducting our business activities in a manner that promotes sustainable development and an improvement in the social welfare of the regions in which we operate.” This dual mission remains at the core of our business and took deeper roots through the 2008 establishment of SEMAFO Foundation, a non-profit, stand-alone charitable organisation that supports communities and offers an improved quality of life to regions where SEMAFO is present. Through its three-pronged approach – education, healthcare and income-generating - the Foundation aims to help local communities reach their greatest potential. By guiding communities in income-generating activities, the Foundation ensures that stakeholders will continue to benefit from our legacy even when the company’s mining activities will have ceased. In a history that spans some twenty years, SEMAFO has successfully commissioned three gold mines in several jurisdictions in West Africa and produced more than two million ounces in gold. Our in-house development, construction, operational, administrative and government relations teams, all of whom are fluent French speakers, draw from more than a decade of operating experience in West Africa. Our success has been governed by the values we practice: respect and integrity, excellence, know-how and teamwork. Our portfolio has evolved and simplified since 1995 when we held 19 exploration permits in four West African countries. In 1995, Les Minéraux SGV S.A., a company in which we were a 50% equity partner, purchased a two-year prospecting permit for the Jean Gobélé project in Guinea. With the financial support and technical expertise of our then major shareholder Managem S.A., and in collaboration with our co-licensee Corporation Minière Afcan, the project was advanced from exploration, site development and mine construction until its first gold pour on April 25, 2002. The name of the mine was subsequently changed to the Kiniero gold mine, which we operated for eleven years. In 2013, the mine was deemed a non-core asset and placed in care and maintenance until its 2014 divestiture to a local mining company. In 1999, we entered Niger by setting up la Société des Mines du Liptako S.A. (SML). Through the support of Managem, we advanced the Libiri and Samira Hill gold deposits through development, mine construction and to commercial production in October 2004. We operated the Samira Hill Mine for nine years, improving plant availability and capacity, and enabling the mine to produce over 540,000 ounces of gold before its 2013 disposal to SOPAMIN. Mana, which lies at the heart of SEMAFO’s history, was a grassroots discovery that has now evolved into the third-largest gold mine in Burkina Faso. We advanced this project from satellite image interpretation through detailed exploration, site development and mine construction to its first gold pour in March 2008. Since then, we have expanded the processing plant four times. Since November 1999, we have drilled more than 1.2 million metres on the extensive Mana property that boasts a total surface area of over 2,675 square kilometres on the Houndé Gold Belt. In 2014, the Corporation marked another milestone when it took the high-grade Siou deposit from blind discovery to production in a mere 18 months, thereby boosting Mana production and reserve grade. Our history shows we have been a pioneer in many aspects in West Africa. The original gold mine operator in Niger, SEMAFO also spearheaded foreign direct investment in the gold mining sector in Burkina Faso, and remains the only mining company in Burkina Faso to establish a non-profit foundation and pledge up to 2% of its net profits to support its efforts in the community. Following its 2015 acquisition of 13 Orbis permits, SEMAFO’s property portfolio reached 7,600 square kilometers, comprising one of the most extensive land positions in Burkina Faso. Our strategy of quality ounces, cost control and optimisation programs, and disciplined exploration at Mana took us into a new phase of development in 2014, allowing us to generate free cash flow even in a soft gold environment. Driven by the performance of our recently ramped-up high-grade Siou and Fofina deposits, we produced 234,300 ounces at a total cash cost of $649 per ounce in 2014, thus meeting production guidance for the seventh consecutive year. Although we take pride in our solid financial, operational and community report cards, we remain focused on future expansion of our heritage. Our commitment to building an ethical, reputable, world-class gold company through a combination of exploration, development and acquisition remains undimmed.
Trevali Mining Corporation is a base-metals mining company focused on the acquisition, exploration, development, and production of mineral properties, primarily targeting zinc, lead, silver, gold, and copper deposits. The company operates several mines, including the Perkoa Mine in Burkina Faso, the Rosh Pinah Mine in Namibia, the Caribou Mine in New Brunswick, Canada, and the Santander Mine in Peru. The Santander Mine produces zinc and lead-silver concentrates at a capacity of 2,000 tonnes per day, while the Caribou Mine is undergoing commissioning with a planned capacity of 3,000 tonnes per day. Trevali Mining generates revenue primarily through the sale of zinc and lead-silver concentrates. Established in 1964 and headquartered in Vancouver, Canada, the company was formerly known as Trevali Resources Corp.
Integra's primary focus is on exploring and advancing its high-grade Lamaque South project in Val-d'Or, Québec.
Integra's primary focus is on exploring and advancing its high-grade Lamaque South project in Val-d'Or, Québec.
Integra's primary focus is on exploring and advancing its high-grade Lamaque South project in Val-d'Or, Québec.
Moneta holds a 100% interest in 5 core gold projects strategically located along the highly prospective Destor Porcupine Fault Zone.
Sphinx Resources Ltd. is a Canadian company focused on the acquisition, exploration, and development of mineral properties, primarily targeting deposits of zinc, copper, nickel, lead, palladium, platinum, gold, and silver. The company holds a 100% interest in several projects in southwestern Quebec, including the Calumet-Sud project, which encompasses 21 claims over 12.14 square kilometers, and the Green Palladium project, consisting of 74 claims covering 41 square kilometers. Other significant projects include Tessouat, Tessouat-Sud, Obwondiag, Soufflot, and Patrie, alongside an option for the Calumet-Nord project. Sphinx aims to generate or acquire quality exploration projects in a recognized mining jurisdiction while ensuring social acceptability and low-cost exploration through year-round ground access. Previously known as Donner Metals Ltd., Sphinx Resources Ltd. was incorporated in 2005 and is headquartered in Montreal.
Mercator Minerals is a metal mining company based in Vancouver, specializing in the exploration, development, and extraction of mineral resources in the United States and Mexico. The company operates the Mineral Park mine, a producing copper and molybdenum facility located near Kingman, Arizona. Additionally, Mercator is involved in the El Pilar project, which focuses on copper exploration and development in Northern Mexico, as well as the El Creston project, dedicated to molybdenum exploration and development in the same region. The company's operations primarily encompass mineral property management and the extraction of copper and molybdenum, contributing significantly to its revenue through these activities.
Labrador Iron Mines is engaged in the mining of iron ore and in the exploration and development of direct shipping iron ore projects (the "Schefferville Projects") in the central part of the prolific Labrador Trough region, one of the major iron ore producing regions in the world, situated in the Menihek area in the Province of Newfoundland and Labrador and in the Province of Quebec, centered near the town of Schefferville, Quebec. The Schefferville Projects consist of the James Mine and adjacent Stage 1 deposits and Silver Yards processing facility, the Stage 2 Houston property, which includes the Malcolm 1 deposit, the Stage 3 Howse property, held in a joint venture with Tata Steel Minerals Canada Limited ("TSMC") and, subject to further exploration and development, other iron ore properties in the vicinity of Schefferville. LIM's Schefferville Projects are connected by a direct railway to the Port of Sept-Iles on the Atlantic Ocean and benefit from established infrastructure, including, the town, airport, roads, hydro power and rail service. LIM's Schefferville Projects comprise 20 different iron ore deposits, which were part of the original Iron Ore Company of Canada ("IOC") direct shipping operations conducted from 1954 to 1982 and formed part of the 250 million tonnes of historical reserves and resources previously identified by IOC. These historical resources estimates are based on work completed and estimates prepared by IOC prior to 1983 and were not prepared in accordance with NI 43-101. LIM's iron ore deposits which comprise the Schefferville Projects are divided into two separate portions, one within the Province of Newfoundland and Labrador and the other within the Province of Quebec. Since production commenced in June 2011, LIM has completed three operating seasons and has sold 23 shipments totalling 3.6 million dry tonnes (3.8 million wet tonnes) of iron ore into the Chinese spot market. LIM did not undertake any mining operations for the 2014 operating season due to a combination of the prevailing low price of iron ore, an assessment of the current economics of its deposits and a strategic shift in corporate focus towards establishing a lower cost operating framework, while concurrently negotiating the commercial terms of major contracts. LIM's current focus is seeking additional financing and completing a debt restructuring. The Company is also working on development of the Houston Mine, to be in a position to complete construction and begin mining operations from Houston when market conditions permit, subject to completion of financing and negotiation of major contracts.
Midas Gold Corp. is a mineral exploration company based in Vancouver, Canada, focused on gold deposits and their by-products, including antimony and silver. The company's primary asset is the Stibnite Gold Project, located in Valley County, Idaho, which it owns outright. This project is situated in a historic mining district and is distinguished by its potential for large-scale, long-life, and low-cost open pit mining, as supported by an independent Pre-feasibility Study. The Stibnite Gold Project boasts substantial high-grade gold reserves and strong growth prospects, positioning it as a significant development opportunity in North America.
Sphinx Resources Ltd. is a Canadian company focused on the acquisition, exploration, and development of mineral properties, primarily targeting deposits of zinc, copper, nickel, lead, palladium, platinum, gold, and silver. The company holds a 100% interest in several projects in southwestern Quebec, including the Calumet-Sud project, which encompasses 21 claims over 12.14 square kilometers, and the Green Palladium project, consisting of 74 claims covering 41 square kilometers. Other significant projects include Tessouat, Tessouat-Sud, Obwondiag, Soufflot, and Patrie, alongside an option for the Calumet-Nord project. Sphinx aims to generate or acquire quality exploration projects in a recognized mining jurisdiction while ensuring social acceptability and low-cost exploration through year-round ground access. Previously known as Donner Metals Ltd., Sphinx Resources Ltd. was incorporated in 2005 and is headquartered in Montreal.
Midas Gold Corp. is a mineral exploration company based in Vancouver, Canada, focused on gold deposits and their by-products, including antimony and silver. The company's primary asset is the Stibnite Gold Project, located in Valley County, Idaho, which it owns outright. This project is situated in a historic mining district and is distinguished by its potential for large-scale, long-life, and low-cost open pit mining, as supported by an independent Pre-feasibility Study. The Stibnite Gold Project boasts substantial high-grade gold reserves and strong growth prospects, positioning it as a significant development opportunity in North America.
Bear Creek Mining Corporation is an exploration-stage company focused on the acquisition, exploration, and development of precious and base metal properties in Peru. The company targets deposits of silver, lead, zinc, gold, and copper, with its flagship asset being the Corani silver-lead-zinc project, which encompasses twelve mineral concessions over approximately 6,000 hectares near Cusco. Bear Creek Mining was incorporated in 1999 and is headquartered in Vancouver, Canada. In addition to Corani, the company also holds full ownership of the Mercedes Mine, further enhancing its portfolio in the mineral resources sector.
Mercator Minerals is a metal mining company based in Vancouver, specializing in the exploration, development, and extraction of mineral resources in the United States and Mexico. The company operates the Mineral Park mine, a producing copper and molybdenum facility located near Kingman, Arizona. Additionally, Mercator is involved in the El Pilar project, which focuses on copper exploration and development in Northern Mexico, as well as the El Creston project, dedicated to molybdenum exploration and development in the same region. The company's operations primarily encompass mineral property management and the extraction of copper and molybdenum, contributing significantly to its revenue through these activities.
Altius Minerals Corporation is a diversified mining royalty and streaming company based in St. John's, Canada. Established in 1997, the company holds royalty and streaming interests in 15 operating mines primarily located in Canada and Brazil, covering a range of commodities including copper, zinc, nickel, cobalt, iron ore, precious metals, potash, and coal. Altius also has interests in development stage royalties related to renewable energy and various pre-development stage royalties for other mineral commodities. The company focuses on expanding its royalty business through prospect generation and the creation and acquisition of additional royalties, with the majority of its revenue derived from its mineral royalties segment.
Wheaton Precious Metals is the largest precious metal streaming company globally, engaging in long-term agreements that allow it to purchase silver, gold, and cobalt from various mining operations at fixed prices. With streaming agreements in place for approximately 19 operating mines and 9 development-stage projects, the company has established partnerships with major mining firms, including Vale and Glencore. Its unique business model enables Wheaton to mitigate many risks associated with traditional mining, as it incurs minimal ongoing capital and exploration costs after the initial upfront payment. The company typically maintains fixed operating costs, enhancing shareholder value, especially when precious metal prices rise. Wheaton's portfolio includes high-quality assets that provide leverage to price increases and opportunities for growth through new streams. The experienced management team is focused on delivering value and is well-positioned for future expansion in the precious metals sector.
Private Equity Round in 2004
Wheaton Precious Metals is the largest precious metal streaming company globally, engaging in long-term agreements that allow it to purchase silver, gold, and cobalt from various mining operations at fixed prices. With streaming agreements in place for approximately 19 operating mines and 9 development-stage projects, the company has established partnerships with major mining firms, including Vale and Glencore. Its unique business model enables Wheaton to mitigate many risks associated with traditional mining, as it incurs minimal ongoing capital and exploration costs after the initial upfront payment. The company typically maintains fixed operating costs, enhancing shareholder value, especially when precious metal prices rise. Wheaton's portfolio includes high-quality assets that provide leverage to price increases and opportunities for growth through new streams. The experienced management team is focused on delivering value and is well-positioned for future expansion in the precious metals sector.