Alio Gold halts work on Ana Paula, misses guidance
Raymond James has cut its target price on Alio Gold (TSX: ALO; NYSE-AM: ALO) from $4.50 to $1 per share, and downgraded the company from “market perform” to “underperform” due…
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Avalon simplifies PEA for Separation Rapids
Avalon Advanced Materials (TSX: AVL; US-OTC: AVLNF) has tabled an updated preliminary economic assessment (PEA) for its Separation Rapids lithium project near Kenora, Ont., that it says “reflects a simplified…
Canamex repurchases royalty with gold-backed crypto token
In an early test of its new gold-backed crypto token, GOLDUSA, Canamex Gold (CSE: CSQ; US-OTC: CNMXF) has used the digital currency to buy back a 1.5% net smelter royalty…
Raymond James: Uranium supply uncertain in coming years
Despite meaningful global inventories of uranium, supply uncertainty in the coming years may lead to price increases, Raymond James states in a newly updated review of the sector. The brokerage…
Armed bandits kill Semafo employee and subcontractor in Burkina Faso
A Semafo (TSX: OMX) employee and a subcontractor are dead after armed bandits shot at a bus transporting the company’s workers 80 km from the town of Bobo-Dioulasso to the…
Bayhorse Silver backtracks on disclosure
Bayhorse Silver (TSXV: BHS; US-OTC: KXPLF) has reported high-grade silver samples taken from the newly accessible Big Dog mineralized zone at the past producing Bayhorse silver mine in east-central Oregon….
Lydian struggles with debt repayment and blockade
Senior lenders have agreed to extend Lydian International‘s (TSX: LYD) initial debt repayment by two weeks to August 31. The extension follows an earlier two-week extension from July 31 to…
Orsu Metals encounters gold in Siberia
Orsu Metals (TSXV: OSU) has identified a 200 metre-wide, steeply-dipping gold stockwork in the Klyuchi West zone at its Sergeevskoe gold project in Russia. Drill results from that zone are…
Gold Fields faces restructuring after losses and impairment charge
Gold Fields (NYSE: GFI) has posted an impairment charge of US$359 million in the first half of the year at its troubled South Deep mine in South Africa, which has…
American Pacific Mining drills gold in Elko
Vancouver-based American Pacific Mining (CSE: USGD; US-OTC: USGDF) has reported encouraging results from its first phase drilling program at the Turscarora gold project in Elko, Nevada. The results are highlighted…
Osisko Mining to acquire Beaufield Resources
Osisko Mining (TSX:OSK) is stitching together a larger land package around its Windfall project in northern Quebec with its proposed $17.5 million all-share acquisition of Beaufield Resources (TSXV: BFD). Beaufield’s…
Malian gov’t to double stake in B2Gold’s Fekola mine
B2Gold (TSX: BTO; NYSE-AM: BTG) is reporting the Malian government intends to buy an additional 10% stake in B2Gold’s Fekola gold mine in western Mali. Pursuant to Malian mining law,…