Pretium meets guidance, lowers production outlook
Pretium Resources (TSX: PVG) expects to produce between 325,000 oz. and 365,000 oz. gold per year in the Valley of the Kings zone, in contrast with the 525,000 oz. long-term…
Gold
Agnico Eagle takes strategic stake in Rupert Resources
Agnico Eagle Mines (TSX: AEM; NYSE: AEM) is taking a 9.9% stake in Rupert Resources (TSXV: RUP) and the junior’s flagship Pahtavaara gold project, located 50 km away from Agnico’s…
AngloGold Ashanti sells South African assets to Harmony Gold
AngloGold Ashanti (NYSE: AU) is selling its assets in South Africa to Harmony Gold (NASDAQ: HMY) in a deal worth about US$300 million. Harmony Gold has nine underground operations in…
Contact Gold hits oxide gold at Green Springs
Contact Gold (TSXV: C) has released the results of two holes completed last year at the past-producing Green Springs gold project, which lies within the Cortez trend, 25 km from…
US Snapshot: Eight companies active across the nation
The U.S. is host to a number of enviable mining jurisdictions, both in terms of geological endowment and investment attractiveness. Nevada is perhaps most well-known, with Alaska a close runner-up….
TSX posts gain, Jan. 31-Feb. 7: Aura Minerals, Caledonia Mining, Cameco, Semafo, Kirkland Lake
The S&P/TSX Composite Index rose 1.95% to 17,655.50. The S&P/TSX Global Mining Index fell 0.67%% to 78.49 and the S&P/TSX Global Base Metals Index rose 3.35% to 98.30. Spot gold…
TSX Venture dips, Jan. 31-Feb. 7: Revival Gold, Integra; Power Metals
The S&P/TSX Venture Composite Index fell 0.18% to 574.16 and gold finished the week at US$1,570.00 per oz., down US$18.50 per ounce. Revival Gold jumped 27¢ to 88¢ after the…
BeMetals looks to development path in Idaho
Since B2Gold (TSX: BTO; NYSE: BTG) launched BeMetals (TSXV: BMET) two years ago as a base-metals-focused junior, the company has picked up a development-stage zinc-silver project in southwestern Idaho called…
Bluestone secures US$30M, names Jack Lundin CEO
Bluestone Resources (TSXV: BSR; US-OTC: BBSRF) has entered into a US$30 million credit facility led by the French financial services firm Natixis. “We were very pleased to receive support from…
Banro to sell Namoya mine in DRC on security concerns
Banro (TSX: BAA) will put its Namoya gold mine in the Democratic Republic of Congo (DRC) up for sale at a significant discount after repeated attacks from armed rebels forced…
Nighthawk hits high grades at Treasure Island
Nighthawk Gold (TSX: NHK) has released the results of nine holes completed last year at the Treasure Island gold project, located within its 899-sq.-km Indin Lake property in the Northwest…
Revival Gold grows Beartrack-Arnett resource in Idaho
Revival Gold (TSXV: RVG; US-OTC: RVLGF) has released an updated resource for the 51-sq.-km Beartrack-Arnett project in Idaho with substantial growth in the inferred resource category. The latest estimate features…