Alamos Gold takes stake in Red Pine
Alamos Gold (TSX: AGI; NYSE: AGI) has spent $1.9 million for an 11% stake in Red Pine Exploration (TSXV: RPX) on an undiluted basis and 19.99% on a partially diluted…
Gold
Sierra Metals grows resource at Bolivar mine
Sierra Metals (TSX: SMT; NYSE-AM: SMTS) has updated the resource for its Bolivar underground mine in Chihuahua state, Mexico, based on 13,698 metres of infill drilling and 41,553 metres of…
Editorial: Top stories of 2019
The mining industry had its share of tragedy this year starting in January with the murder of Canadian geologist Kirk Woodman in Burkina Faso and Vale’s tailings dam disaster in…
BC, Yukon and NWT Snapshot: Eight players advancing assets in attractive jurisdictions
The natural endowment of British Columbia, the Yukon and Northwest Territories continues to drive mineral exploration and development. Here is a sample of eight companies active in the region. American…
TSX Venture rises, Dec. 23-27: Aurania, New Pacific, Advance Gold, Hannan
The S&P/TSX Venture Composite Index climbed 2.69% to 563.58 and spot gold rose to US$1,510.80 per oz. — a US$32.40 per oz. (2.19%) gain. Shares of Aurania Resources were up…
US markets post gains, Dec. 23-27: Vale, Hecla
The S&P 500 Index rose 0.58% to 3,240.02, making 2019 the best year for stocks on the S&P 500 since 1997. The Dow Jones Industrial Average gained 0.67% to 28,645.26…
TSX moves higher, Dec. 23-27: Kirkland Lake, Endeavour Mining, Kinross, Yamana
The S&P/TSX Composite Index rose 0.29% to finish at 17,168.20. The S&P/TSX Global Mining Index jumped 3.18% to 82.52, and the S&P/TSX Global Base Metals Index gained 1.03% to 110.16….
White Gold keeps on discovering
Shawn Ryan’s White Gold (TSXV: WGO) has data from more than 400,000 Yukon soil samples, but one collected in the 2019 field season stood out by an order of magnitude….
Nevada Copper ships first copper concentrate from Pumpkin Hollow in Nevada
The first copper concentrate has been shipped from Nevada Copper’s (TSX: NCU) Pumpkin Hollow project in Nevada to the company’s offtake partner Concord Resources. Production at the Pumpkin Hollow processing…
AngloGold Ashanti and Iamgold to sell stakes in Sadiola mine in Mali
South Africa’s AngloGold Ashanti (NYSE:AU) and its joint-venture partner IAMGOLD (TSX: IMG) are selling their 82% stake in the Sadiola mine in Mali to Australia’s Allied Gold for US$105 million….
Klondike Gold hunts for source of the Yukon Gold Rush
Few stories in mining history rival the lore of the Klondike Gold Rush. Photographs of hordes of fortune-seekers climbing the Chilkoot Pass in the late 1890s are some of the…
Gold Fields receives environmental permit for Salares Norte in Chile
The Atacama Environmental Assessment Commission has approved the environmental impact study on Gold Fields’ (NYSE: GFI) Salares Norte project in northern Chile — paving the way for the company to…