US markets mixed, April 12-16
The Dow Jones Industrial Average rose 1.18% to finish the week at 34,200.67 and the S&P 500 fell 0.77% to 3,913.10. Spot gold rose US$32.30 per oz., or 1.85%, to US$1,776.50…
Gold
TSX up, April 12-16
The S&P/TSX Composite Index rose 0.64% to 19,351.32 during the April 12-16 trading week. The S&P/TSX Global Mining Index jumped 4.81% to 111.25, and the S&P/TSX Global Base Metals Index…
Nighthawk Gold hunts for more near-surface mineralization at Indin Lake project
Nighthawk Gold (TSX: NHK; US-OTC: MIMZF) hopes to develop Canada’s next gold camp at its 100%-owned Indin Lake gold project in the Northwest Territories, about 220 km north of Yellowknife, says…
SilverCrest connects Babicanora veins at Las Chispas
As SilverCrest Metals (TSX: SIL; NYSE: SILV) prepares to put its Las Chispas project in Sonora, Mexico into production by the second half of 2022, latest infill and expansion drill…
Almaden case headed to Mexico’s Supreme Court
An appeal of an April 2019 lower court ruling that jeopardized Almaden Minerals‘ (TSX: AMM; NYSE-AM: AAU) Ixtaca gold-silver project in Puebla state – and the validity of Mexico’s mining…
HighGold Mining steps out Johnson Tract in Alaska
Final results for nine holes drilled as part of a 16,418-metre, 32-hole drill program completed last year at HighGold Mining’s (TSXV: HIGH; US-OTC: HGGOF) gold-polymetallic project in southcentral Alaska expand…
Wesdome confirms Kiena gold resource with bulk sample
Ahead of an upcoming prefeasibility study expected this quarter on a restart of the Kiena mine complex in Quebec, Wesdome Gold Mines (TSX: WDO) has announced the results of…
Yamana invests $20.6M in Ascot
After closing a $61 million bought deal on April 9 (upsized from $55 million), B.C.-focused gold-silver developer Ascot Resources (TSX: AOT) has announced a $20.6 million private placement financing by…
Scottie to acquire AUX, merge Golden Triangle properties in BC
Scottie Resources (TSXV: SCOT) has entered into a letter of intent with AUX Resources (TSXV: AUX; US-OTC: AUXRF) proposing a merger of the two companies that would consolidate the two…
Pro-foreign investment Lasso wins Ecuador presidential election
Guillermo Lasso, a 66-year-old conservative former banker, has won Ecuador’s presidential election with 52.5% of the vote, beating out Andrés Arauz, a 36-year-old leftist handpicked by former President Rafael Correa….
In the midst of a presidential election, Peru mining sector reports mixed results
JV Article: Trillium Gold and the resurgence at Red Lake
Imagine the value of 50 gold mines along the same stretch of highway. Current worth compared to historical value is what sparked Trillium Gold Mines (TSXV: TGM) CEO Russell Starr’s…