Thor reports initial resource estimate for Douta project
Thor Explorations (TSXV: THX; LSE: THX) has released an inferred resource estimate for its Makosa deposit in the southern portion of the Douta gold project in Senegal. Makosa contains 15.3…
Gold
Glencore to divest interest in Ernest Henry mine with sale to Australia’s Evolution Mining
Swiss commodity giant Glencore (LSE: GLEN) is selling its stake in the Ernest Henry copper-gold mine in Queensland, Australia to Evolution Mining (ASX: EVN) for A$1 billion ($916.5 million) in…
Newcrest’s growth strategy is Americas focused, not just in Canada
Australia-based Newcrest Mining (ASX: NCM; TSX: NCM; PNGX: NCM) is building critical mass in Canada with the second significant acquisition announced as the mining major sets its sights on organic…
Wolfden boosts resources at Pickett Mtn base metals project in Maine
Wolfden Resources (TSXV:WLF) has released new resource numbers for its Pickett Mountain base metal project in Penobscot Cty., Maine. Both indicated and inferred resources have been significantly increased by 22%…
Zijin Mining plans to produce copper at its Buritica gold mine
Zijin Mining, China’s No.1 gold producer, is fine-tuning plans to boost the capacity of its Buritica gold mine in Antioquia, Colombia, to produce copper and zinc as well as gold…
NorthWest Copper extends Kwanika high-grade zone
NorthWest Copper (TSXV: NWST; US-OTC: NWCCF) has released the latest results from five drill holes into the high-grade copper-gold porphyry deposit of the Kwanika project, further extending the high-grade core….
Whitehorse Gold advances Skukum project in the Yukon
Yukon-focused explorer Whitehorse Gold (TSXV: WHG) is making steady progress assessing a development path for its high-grade district-scale Skukum property in an advanced, brownfield camp, 88 km south of Whitehorse….
TSX Venture rises, Nov. 8-12
The S&P/TSX Venture Exchange rose 26.92 points or 2.73% to finish the trading week at 1,012.06. Spot gold jumped US$47.20 per oz. or 2.60% to US$1,865.20 per ounce. Eskay Mining…
US markets fall, Nov. 8-12
The Dow Jones Industrial Average fell 227.64 points or 0.63% to finish the Nov. 8-12 trading week at 36,100.31 and the S&P 500 dropped 14.68 points or 0.31% to 4,682.85….
TSX rises, Nov. 8-12
The S&P/TSX Composite index rose 312.70 points or 1.46% to finish the November 8-12 trading week at 21,768.50. The S&P/TSX Global Mining Index gained 5.97 points or 6.12% to 103.55…
JV: Trailbreaker Resources is finding gold in Canada’s last frontier
Canadian explorer Trailbreaker Resources (TSXV: TBK, US-OTC: APRAF) is focused on discovering gold in underexplored regions of North America. The company holds a portfolio of four gold properties throughout British Columbia and…
Agnico Eagle-Kirkland Lake merger gets a second proxy advisory thumbs-up
The proposed ‘merger of equals’ between Agnico Eagle Mines (TSX: AEM; NYSE: AEM) and Kirkland Lake Gold (TSX: KL; NYSE: KL; ASX: KLA) have received a second proxy advisory firm…