CIBC initiates coverage of Equinox Gold
CIBC has launched coverage of junior developer Equinox Gold (TSXV: EQX) with an outperform rating and a 12-18 month target price of $1.30 per share. The stock is currently trading…
Fast News
Southern Silver extends mineralization at Cerro Las Minitas
Southern Silver (TSXV: SSV; US-OTC: SSVFF) is seeing some encouraging results from its 12,000 metre drill campaign at its Cerro Las Minitas silver-zinc project in Durango State, Mexico. An early…
Osisko bumps Cariboo royalty to 4%
Osisko Gold Royalties (TSX: OR; NYSE: OR) has agreed to acquire an additional 1.75% net smelter return royalty (NSR) for $20 million on the Barkerville Gold Mines’ (TSXV: BGM; US-OTC:…
Continental Gold employee killed in Colombia
Two mining engineers employed by Continental Gold (TSX: CNL; US-OTC: CGOOF) in Colombia were attacked by armed men in the town of Buritica, near the company’s gold project. One of…
Nevsun agrees to $1.86B Zijin takeover bid
Nevsun Resources (TSX: NSU; NYSE: NSU) has agreed to Zijin Mining’s (HGK: 2899) friendly take-over bid which values Nevsun at $6 per share or $1.86 billion. Nevsun shares jumped nearly…
Semafo’s Boungou mine achieves commercial production
Since its first gold pour at the end of June, Semafo’s (TSX: SMF) Boungou mine in Burkina Faso has produced more than 12,000 ounces of gold. The mine officially moved…
Mawson improves gold-cobalt grades at Rajapalot
Mawson Resources (TSX: MAW; US-OTC: MWSNF) recently announced results from 46 diamond drill holes spanning six prospects at its Rajapalot gold-cobalt project in Finland. The company assayed previously gold-only drill…
Lumina Gold spins out Luminex Resources
Lumina Gold (TSXV: LUM; US-OTC: LUMAF) is spinning all but one of its properties out into a separate company called Luminex Resources. It retains the Cangrejos gold-copper project, located in…
Allegiant extends mineralization at Eastside gold project
Allegiant Gold (TSXV: AUAU; US-OTC: AUXXF) has reported drill results for the remaining 13 holes of its 22-hole (8,000-metre) phase one resource expansion drill program at its 100%-owned, district-scale Eastside…
Tahoe troubles continue with solution discharge at La Arena
Tahoe Resources (TSX: THO; NYSE: TAHO) says it has contained a discharge of pregnant solution that may have flowed into a nearby creek at its La Arena mine in Peru….
Cold weather hampers Aston Bay drill program
Aston Bay (TSXV: BAY; US-OTC: ATBHF) has concluded its 2018 drill campaign at its namesake property on Somerset Island in Nunavut, which includes the Storm copper prospect and the Seal…
Azarga releases PEA for Unkur project in Russia
Azarga Metals (TSXV: AZR; US-OTC: EUUNF) has tabled a preliminary economic assessment (PEA) for its Unkur copper-silver project in eastern Russia. The company acquired 60% of the project in 2016 and…