Semafo revises 2019 guidance after Mana pit-wall failure
Semafo (TSX: SMF) has cut 2019 production guidance for its Mana mine in Burkina Faso by 40,000 to 50,000 oz. gold, following a pit-wall failure in the northern part of…
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Marathon Gold ‘prime takeout candidate’: National Bank of Canada analyst
Marathon Gold (TSX: MOZ) is on track to release a new resource estimate in September for its Leprechaun deposit in the company’s Valentine Gold camp in Newfoundland and Labrador. The…
Facts ‘n’ Figures: Canada’s IPO market struggles at fraction of 2018 pace, PwC says
The following is a release by PwC Canada as part of its quarterly monitoring of the status of initial public offerings in Canada. Visit www.pwc.com/ca for more information. The surge…
SSR Mining acquires past producers
SSR Mining (TSX: SSRM; NASDAQ: SSRM) is acquiring from Newmont Goldcorp (TSX: NGT; NYSE: NEM) and Fairmile Gold Mining two past-producing gold operations to the south of its Marigold mine…
Orvana completes study on Taguas in Argentina
A preliminary economic assessment (PEA) of Orvana Minerals’ (TSX: OR) Taguas gold project, 25 km north of Barrick Gold’s (TSX: ABX; NYSE: ABX) Veladero mine in Argentina, envisions a conventional…
Red Pine builds up Wawa project in Ontario
The land package containing Red Pine Exploration’s (TSXV: RPX) Wawa gold project in Ontario hosts numerous historic mines that in their heyday produced more than 120,000 oz. gold. The largest…
Agnico’s Meliadine reaches commercial production
Agnico Eagle Mines’ (TSX: AEM; NYSE: AEM) Meliadine mine — it’s largest gold deposit in terms of resources — achieved commercial production ahead of schedule and below the initial capital…
Osisko finds new gold zone at Windfall
Osisko Mining (TSX: OSK) has found a new and shallow gold zone 350 metres north of the main deposit at its Windfall property in Quebec, one of the highest grade…
Drill results boost Nighthawk Gold shares
Shares of Nighthawk Gold (TSX: NHK; US-OTC: MIMZF) soared 21% to 44¢ following news of drill results at the junior’s Colomac project in the Northwest Territories. The first assay results…
Metallurgical results lift Marathon Gold’s shares
Test results from Marathon Gold’s (TSX: MOZ) Leprechaun and Marathon deposits at the company’s Valentine Lake gold camp in Newfoundland and Labrador show they are amenable to heap leaching. Selected…
Orvana squeaks out $3M profit in Q2
Toronto-based junior miner Orvana Minerals (TSX: ORV) posted a relatively strong fiscal second quarter ended March 31, 2019, with good performance from its two operating mines: the Don Mario gold…
Proposed legislation by Rep. Grijalva in US a ‘disaster in the making’, says AEMA
The American Exploration & Mining Association (AEMA) has made the following statement in response to the Subcommittee on Energy and Mineral Resources Hearing discussing Rep. Raúl Grijalva’s (D-Ariz.) Hardrock Leasing…