US markets up, Jan. 18-22
The Dow Jones Industrial Average rose 0.6% to finish the week at 30,996.98 and the S&P 500 climbed 0.02% to 3,841.47. Spot gold jumped US$26.90 per oz., or 1.47%, to…
Gold
TSX up, Jan. 18-22
The S&P/TSX Composite Index fell 0.35% to 17,845.91 during the Jan. 18-22 trading week. The S&P/TSX Global Mining Index rose 1% to 105.65, and the S&P/TSX Global Base Metals Index…
Whitehorse Gold advances Skukum project in the Yukon
For a junior exploration company that started trading on the TSX Venture Exchange in late November 2020, Whitehorse Gold (TSXV: WHG) has made significant progress at its 100%-owned Skukum gold project in…
Gold Fields begins construction of Chilean project
South African miner Gold Fields (NYSE: GFI) has formally begun construction of the mining infrastructure for its Salares Norte project in northern Chile. The company expects to complete the US$860 million project in late 2022, with…
Remote Roundup looks at commodities and financial markets
Wrapping up the second day of the Association for Mineral Exploration’s (AME) Remote Roundup 2021 was a virtual session that brought together a group of industry experts who provided their…
Harte to proceed with Sugar Zone expansion based on positive feasibility
Ontario-focused Harte Gold (TSX: HRT; US-OTC: HRTFF) has announced plans to go ahead with an expansion of its Sugar Zone mine to 1,200 tonnes per day, from the current 800…
Eldorado to buy QMX Gold for US$105 million
Eldorado Gold (TSX: ELD; NYSE:EGO) is buying QMX Gold Corp. (TSXV: QMX) by acquiring all the shares it doesn’t already own in the Quebec-focused explorer, in a deal worth $132 million…
First Mining Gold releases PFS on open pit development at Springpole
First Mining Gold (TSX: FF) has released the results of a prefeasibility study on an 11-year, 30,000 tonne per day open pit operation at its Springpole gold project in northwestern…
Sabina grows Back River resources ahead of feasibility update
Developer Sabina Gold & Silver (TSX: SBB; US-OTC: SGSVF) has released an updated resource for its Back River gold project in Nunavut, which shows resource growth in both the measured…
SolGold CEO Nick Mather to retire after shareholder pressure
SolGold (TSX: SOLG; LSE: SOLG) announced that Nick Mather would step down as CEO after 13 years at the helm of the company. His resignation comes after Mather was handed…
Pan American expects increased silver and gold output in 2021
Americas-focused precious metals producer Pan American Silver (TSX: PAAS; NASDAQ: PAAS) has reported its 2020 production results and provided guidance for 2021. Last year’s silver and gold output – at…
JV Article: A global royalty and streaming creation company
Empress Royalty (TSXV: EMPR) has made an impressive start for a company in just six months. Since its creation in July 2020, the global precious metals royalty and streaming investment company…