Serabi Gold keeps mines running after deaths
Brazil-focused Serabi Gold (AIM: SRB; TSX: SBI) said mining and milling continue as usual at its Palito Complex and Coringa mine despite two fatal underground accidents last week. The company…
Precious Metals
Skeena clears final permit for Eskay Creek restart
Skeena Gold & Silver (TSX: SKE) shares rose on Tuesday after the company secured its final regulatory approval to advance the Eskay Creek project in British Columbia. The miner received…
Nevada King finds shallow gold at Atlanta project
Nevada King Gold (TSX-V: NKG; US-OTC: NKGFF) said new drilling at its past-producing Atlanta mine in eastern Nevada returned oxide gold-silver mineralization near surface. The stock jumped. Hole B25-101 in the Silver…
Macro forces driving metals jump still intact: Jefferies
Gold’s sharp pullback last week may have handed investors a new entry point into mining equities because wider economic forces driving the recent “metals melt-up” remain intact, Jefferies argues in…
VRIC JV Video: Trinity One buys Ecuador’s Silver-1
Vancouver-based Trinity One Metals (TSXV: TOM; US-OTC: ARJNF) has agreed to acquire Ecuador’s past-producing Silver-1 mine, a deal CEO Thomas Wood said would give the roughly $9-million microcap a primary-silver…
JV Video: Toogood extends Quinlan, lines up Mélange
Toogood Gold (TSXV: TGC; US-OTC: TGGCF) drilling last year expanded the Quinlan discovery at its 164-sq.-km project in Newfoundland and helped sharpen targets for the next round of step-outs. The…
Eldorado buys Foran for $2.8B in copper push
Eldorado Gold (TSX: ELD; NYSE: EGO) has agreed to buy fellow Canadian miner Foran Mining (TSX: FOM; US-OTC: FMCXF) in a transaction that values the copper-focused developer at about $3.8…
Despite gold drop JPMorgan sees $6,300 this year
JPMorgan is maintaining a bullish outlook on gold prices by setting an end-of-year price target of $6,300 an oz. amid a broader shift towards hard assets. In a note published…
Mining equities have room to run: BMO
Mining and metals stocks remain positioned for further gains in the mining equity cycle, despite a sharp selloff on Friday and new concerns about China’s copper demand, according to an…
VRIC Video: Dakota Gold pushes towards Richmond Hill PFS
Dakota Gold (NYSE-A: DC) is advancing its Richmond Hill project in South Dakota’s historical Homestake district towards a prefeasibility study within months and first production in three years, CEO Robert…
Silver, gold fall as U.S. dollar rebounds on next Fed chair
Precious metals prices plunged on Friday as a rebound in the U.S. dollar led some investors to book profits on the metals. Silver plunged 22% to trade at $90.73 an…
Paulson lifts stake in International Tower Hill with Alaska gold project
International Tower Hill Mines (TSX: ITH, NYSE-AM: THM) tapped leading shareholder and hedge fund Paulson and Co. to raise a large chunk of its financing this week for the Livengood…