McEwen buys claims near El Gallo
McEwen Mining (TSX: MUX; NYSE: MUX) is acquiring claims in Mexico — 10 km from the company’s El Gallo mine in Sinaloa state — that it believes could extend the…
Articles by Trish Saywell
TSX moves higher, April 25-29
After posting a 0.6% gain in January, Canada’s gross domestic product shrank 0.1% in February, but still beat expectations of a 0.2% contraction, according to Bloomberg data. The U.S. Federal…
Avnel sees Kalana as open pit mine
Howard Miller, executive chairman and CEO of Avnel Gold Mining (TSX: AVK), has had his fair share of success over the last 35 years. As a founding director of Nelson Resources, he…
Anglo American sells assets to China Moly for US$1.5B
One of China’s largest molybdenum and tungsten concentrates producers is buying Anglo American’s (US-OTC: AAUKF; LSE: AAL) phosphate and niobium businesses in Brazil for US$1.5 billion in cash. The sale…
Roxgold reports maiden resource on Bagassi South’s QV1 target
Roxgold (TSXV: ROG; US-OTC: ROGFF) expects to become a junior producer in June when it pours the first gold from its Yaramoko project in Burkina Faso. In the meantime, the…
Eldorado to sell Jinfeng to China National Gold
VANCOUVER — Eldorado Gold (TSX: ELD; NYSE: EGO) is the largest foreign gold producer in China, with three of the company’s six producing mines operating in the country. But that…
US markets inch higher, April 18-22
It was a relatively quiet week on the U.S. economic front. The Dow Jones Industrial Average finished at 18,003.75, a 0.6% gain, while the S&P 500 Index advanced 0.5% to…
Thomas Kaplan fund invests in Victoria Gold
Billionaire Thomas Kaplan has a thing for the Yukon. His Electrum Strategic Opportunities Fund L.P., a mining-focused private equity fund that is one of the investment arms of his privately…
SnipGold’s Iskut project attracts Seabridge
Seabridge Gold (TSX: SEA; NYSE: SA) plans to enhance its exploration potential in northwestern B.C.’s Golden Triangle by tucking in junior explorer SnipGold (TSXV: SGG) and its Iskut property, 110…
Brazil Resources completes maiden resource on Island Mountain
Brazil Resources (TSXV: BRI; US-OTC: BRIZF) hasn’t wasted any time since acquiring the Whistler project last year from prospect generator Kiska Metals Corp. (TSXV: KSK) in an all-share deal worth…
TSX posts strong gain, April 11-15
The Bank of Canada announced mid-week that it would keep its overnight interest rate at half a percent, and projected real gross domestic product growth this year would be 1.7%,…
Peregrine Diamonds on cusp of PEA
Like many junior exploration companies, Peregrine Diamonds (TSX: PGD) has had its share of hard knocks, and its shareholders have had to exercise patience over many years. The company found…