Canada Revenue Agency appeals Cameco tax ruling
Late last month the Tax Court of Canada ruled in favour of Cameco (TSX: CCO; NYSE: CCJ) in the company’s decade-long dispute with the Canada Revenue Agency over tax reassessments for…
Fast News
B2Gold updates Fekola resource in Mali
Less than a year after B2Gold (TSX: BTO; NYSE-AM: B2G) declared commercial production at its 80%-owned Fekola mine in southwestern Mali, the gold producer has updated the mine’s resource estimate….
Nighthawk hits high-grade at Treasure Island in NWT
Drilling at Nighthawk Gold’s (TSX: NHK; US-OTC: MIMZF) Treasure Island project, about 11 km to the north of its Colomac project in the Northwest Territories, has served up significant, shallow…
B2Gold completes expansion study for El Limon mine
In February, B2Gold Corp. (TSX: BTO; NYSE: BTG) announced an initial open-pit inferred resource for the newly discovered El Limon Central zone at its El Limon mine in Nicaragua. This…
Ascendant reduces operating costs at El Mochito in new PEA
Ascendant Resources (TSX: ASND; US-OTC: ASDRF) has tabled a new preliminary economic assessment (PEA) for its El Mochito zinc-lead mine in Honduras that increases production while reducing operating and all-in…
Newmont’s Merian mine hits 1 million ounce milestone
Two years after commercial production began in October 2016, Newmont Mining’s (NYSE: NEM) Merian mine in Suriname has poured one million ounces of gold. Newmont Suriname — a subsidiary of…
Strongbow Exploration inks deal with Orion
Since closing its acquisition of the South Crofty tin project in Cornwall in July 2016, Strongbow Exploration (TSXV: SBW) has wasted little time laying the groundwork to put the former…
Alio improves resource by 52% at Florida Canyon
Alio Gold (TSX: ALO; NYSE: ALO) has boosted measured and indicated resources at its operating Florida Canyon gold mine in Nevada by 52% over the previous estimate, contained in a 2016…
Nordic Gold secures funding for Laiva mine in Finland
Pandion Mine Finance is giving Nordic Gold (TSX: NOR) an additional US$7 million in funding so that the junior can put its Laiva gold mine into production and pour first…
Treasury tables first new resource for Goliath since 2015
Treasury Metals (TSX: TML; US-OTC: TSRMF) has updated the resource at its 100% owned Goliath gold project near Dryden, Ontario, for the first time since 2015, boosting underground gold equivalent…
Northern Vertex strikes three financial deals, raises US$13.6M for Moss
Vancouver-based Northern Vertex Mining (TSXV: NEE) (US-OTC: NHVCF) has amended the terms of a loan and lined up two new sources of financing totalling US$13.6 million to improve cash flow…
Orsu finds silver at Sergeevskoe in Russia
Orsu Metals (TSXV: OSU; US-OTC: ORSUF) is drilling 12,500 metres at its 90% owned Sergeevskoe gold project, 40 km southwest of the town of Mogocha, Russia, on its way to…