https://newsletter.en.creamermedia.com

First Mining closes sale of Cameron project to Seva Mining

11th March 2026

By: Creamer Media Reporter

     

Font size: - +

Gold developer First Mining has closed its previously announced sale of the Cameron project to TSX-V-listed Seva Mining, which is supported by the Fiore Group.

On closing of the transaction, First Mining received C$5-million cash from Seva and 80-million common shares of Seva representing about 48% of the common shares outstanding. First Mining also has two representatives serving on the board of directors of Seva.

"We are very excited to announce the closing of the transaction and to embark on this partnership with Seva as its largest shareholder and with the Fiore Group as it advances the Cameron project," stated First Mining CEO Dan Wilton.

"Seva is well positioned with a dedicated and experienced team led by the former Premier of Yukon, Ranj Pillai, who has also held a number of economic and resource roles in the Territory including Deputy Premier, Minister of Energy, Mines and Resources, Minister of Economic Development, and Minister of Tourism and Culture. Seva is well funded to advance and unlock value at the Cameron project which will benefit the local and Indigenous communities around the Cameron project."

Fiore is a team of mine explorers, developers and operators led by mining entrepreneurs Frank Giustra and Gordon Keep

Edited by Mariaan Webb
Creamer Media Senior Deputy Editor Online

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Airshrink - CiP
Airshrink - CiP

At Airshrink - CiP, we surpass customer expectations with innovative MV and LV cable accessories, including heat shrink joints, terminations,...

VISIT SHOWROOM 
Alcohol Breathalysers
Alcohol Breathalysers

Supplier & Distributor of the Widest Range of Accurate & Easy-to-Use Alcohol Breathalysers

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (20/03/2026)
6th March 2026 By: Martin Creamer
Magazine round up | 06 March 2026
Magazine round up | 06 March 2026
6th March 2026

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.065 0.17s - 128pq - 2rq
Subscribe Now