Chesapeake Gold cracks the Metates development code
Chesapeake Gold (TSXV: CKG) has done for the Metates project in Durango, Mexico — one of the world’s largest undeveloped gold-silver projects — what others before it could not. CEO…
Gold
Euro Sun Mining to list in London before year-end
Euro Sun Mining (TSX: ESM) says it plans to float on the London Stock Exchange later this year, likely in September, as it looks to fund the first phase of its Rovina…
TSX rises, Aug. 2-6
The S&P/TSX Composite Index rose 0.93% to finish the August 2-6 trading week at 20,475.40. The Global Mining Index fell 2.64% and the S&P/TSX Global Base Metals Index dropped 1.11%….
US markets climb, Aug. 2-Aug. 6
The Dow Jones Industrial Average gained 273.04 points or 0.78% to 35,208.51 during the Aug. 2-6 trading week and the S&P 500 rose 41.26 points or 0.94% to 4,436.52. Spot…
TSXV remains flat, Aug. 2-6
The S&P/TSX Venture Composite Index rose 0.02 points or 0.002% in the August 2-6 trading week. Spot gold fell US$50.70 to US$1,763.10 per ounce. Shares of Filo Mining jumped $1.02…
Nordgold begins mining at Lefa’s satellite deposit
The Diguili deposit, located about 35 km from Lefa’ processing facility, is considered a core pillar of Nordgold’s expansion strategy.
Mexico Snapshot: Eight companies with Mexican projects to follow
Mexico has a long and storied history as a silver producer, and there is no reason to think that will change anytime soon. Here are eight Canadian companies active in…
Wallbridge infill drilling at Fenelon hits more good grades
In preparation for its initial resource estimate due by the end of the third quarter, Wallbridge Mining (TSX: WM) is nearing completion of the definition drilling program at the Fenelon…
Torex foregoes the Muckahi mining method for Media Luna
Torex Gold (TSX: TXG) has announced it will proceed with conventional development and mining methods for its proposed Media Luna project in Mexico instead of using the newly developed Muckahi…
Resolute Mining sells Bibiani mine to Asante Gold for US$90 million
Australia’s Resolute Mining (LSE: RSG; ASX: RSG) is selling its Bibiani gold mine in Ghana to Canada’s Asante Gold (TSXV: ASE) for US$90 million in cash. The company will receive an initial US$30 million payment, followed by…
The View from England: Pandemic yields buried treasure
Gold is still being discovered in England, but it’s not geologists doing the finding. As we emerge from the pandemic it seems that many of us spent the lockdown digging…
Quebec injects $13.5 million into Monarch Mining to help it reopen Beaufor
The Canadian province of Quebec has granted Monarch Mining (TSXV: GBAR; US-OTC: GBARF) a $13.5 million senior secured term loan agreement to help the company restart the Beaufor gold mine and Beacon…