TSX up, Jan. 4-8
The S&P/TSX Composite Index rose 3.37% to 18,042.07 during the Jan. 4-8 trading week. The S&P/TSX Global Mining Index climbed 7.22% to 109.70, and the S&P/TSX Global Base Metals Index…
Gold
Torex beats 2020 gold production forecasts
Intermediate miner Torex Gold (TSX: TXG) has released its 2020 operating highlights – last year, the company produced 430,480 gold oz., 130,640 of which were generated in the fourth quarter….
Exploration snapshot: Eight companies active in BC, NWT and the Yukon
With a strong outlook for the mining sector and few recent discoveries, companies are turning to low-risk under-explored frontiers in their search for new deposits and future mines. Below, we…
Copper Mountain reports record Q4 production
After beating its production guidance for 2020 and reporting a record fourth quarter, Copper Mountain Mining (TSX: CMMC) is guiding a further 22% increase in production this year. The B.C.-based…
Harte Gold exceeds guidance, expects substantial production growth in 2021
Last year, Ontario-focused miner Harte Gold (TSX: HRT; US-OTC: HRTFF) produced 25,649 gold oz., exceeding its prior guidance of 20,000 to 24,000 ounces. The emerging producer churned out a record…
Seabridge CEO talks about Snowfield acquisition
Seabridge Gold (TSX: SEA; NYSE: SA) has bought Pretium Resources’ (NYSE: PVG) Snowfield property in northwest British Columbia for US$100 million in cash, a 1.5% net smelter return royalty related to all production and…
Permit for Aquila Resources’ Back Forty mine denied
A U.S. judge from Michigan has reversed a decision by state regulators allowing Aquila Resources’ (TSX: AQA; US-OTC: AQARF) proposed gold, zinc and copper mine to go ahead. The ruling…
New Found Gold boosts Queensway budget to $35M, drilling to 200,000 metres
Based on drill results to date at its Queensway gold project in Newfoundland, junior New Found Gold (TSXV: NFG) has doubled the size of its drill program to 200,000 metres…
Corvus expands mineralisation at Mother Lode
Corvus Gold (TSX: KOR; US-OTC: CORVF) has reported drill results from the second hole in the new northern feeder zone target on the Central Intrusive zone (CIZ) at its Mother Lode project…
Agnico snaps up Nunavut miner TMAC in friendly deal
Only two weeks after the federal government blocked a takeover of struggling Nunavut gold miner TMAC Resources (TSX: TMR) by China’s Shandong Gold Mining, TMAC has found itself in the…
Probe Metals drills 10.4 metres of 7.3 g/t gold at Monique within Val d’Or East
Probe Metals (TSXV: PRB; US-OTC: PROBF) has released assay results for 12 holes drilled as part of its 2020 expansion drill program within the Monique property at its Val d’Or…
Argonaut executes fixed bid contract for Magino gold project
Argonaut Gold (TSX: AR; US-OTC: ARNGF) has executed a fixed bid engineering, procurement, construction and commissioning contract (EPC contract) with Ausenco, an engineering and construction management company. The EPC contract…