Agnico rises on record quarterly profit, free cash flow
Agnico Eagle Mines (TSX, NYSE: AEM) shares rose after the Canadian miner reported record quarterly profit and free cash flow on the strength of rising gold prices. Adjusted net income…
Gold
Silver could face ‘squeeze’ scenario, price spike: Sprott
Silver ranks amongst one of the top-performing commodities on the market, with renewed investor interest and strong fundamentals driving prices up to their highest in 14 years, but analysts predict…
Endeavour lifts H1 output 38% on ramp-up, expansion
Africa-focused Endeavour Mining’s (TSX, LSE: EDV; US-OTC: EDVMF) gold output jumped by more than a third in the first half of the year to June 30, reflecting recent mine expansions…
B2Gold starts underground mining at Fekola in Mali
B2Gold (TSX: BTO; NYSE-A: BTG) said it began underground production at its flagship Fekola mine in Mali immediately after receiving approval from the government. The stock rose. The approval, which took effect…
AbraSilver adds one-third more metal at Diablillos
AbraSilver Resource (TSXV: ABRA; US-OTC: ABBRF) has boosted measured and indicated resources at its Diablillos project in Argentina by 34% for silver ounces and 14% for gold, according to an…
Northern Superior logs high-grade gold in Quebec
Northern Superior Resources (TSX-V: SUP; US-OTC: NSUPF) cut a highlight result of 9.1 metres grading 11.99 grams gold per tonne at its Philibert property in Quebec. The stock jumped. That…
Upcoming Valeriano resource update to lift Atex shares
Atex Resources’ (TSXV: ATX) upcoming resource update for the flagship Valeriano project in northern Chile, slated for release by year-end, could prove to be an inflection point as the company…
Finland reclaims mining crown as Canada slips
Finland has regained its status as the world’s most attractive jurisdiction for mining and exploration it held in the early 2010s, followed by Nevada and Alaska, according to the Fraser Institute’s…
Yukon’s assessment process: A guide for miners
Picture this: a small exploration company is planning to extend an access road near Mayo in the Yukon. It’s a relatively minor addition, just a few kilometres of gravel to…
Vista Gold study doubles value, slashes costs for smaller Mt Todd project
A feasibility study update for Vista Gold’s (TSX, NYSE-AM: VGZ) open-pit Mt Todd project in Australia almost doubles its value and mine life while cutting costs by 59% over the…
Omai books high grades at Guyana’s Wenot deposit
New drilling at Omai Gold Mines’ (TSX-V: OMG; US-OTC: OMGGF) Wenot deposit in Guyana encountered wide zones of high-grade mineralization, the company said. Hole 25ODD-119 cut 7.5 metres at 31.7…
Gold price may hit $4,000 by year-end: Fidelity
Gold prices could be heading towards $4,000 per oz. by the end of this year as the Federal Reserve begins to cut rates and the U.S. dollar continues its decline,…