Avino hits bonanza silver at La Preciosa in Mexico
Avino Silver & Gold Mines (TSX, NYSE-A: ASM) reported exceptionally rich-grade twin-hole assays from the La Gloria and Abundancia veins at its La Preciosa project in Durango, Mexico. The best…
Gold
Osisko Devel. raises $203M for Cariboo project
Osisko Development (TSXV: ODV; NYSE: ODV) has closed a $203-million (C$280-million) bought deal private placement to help construct the Cariboo gold project in British Columbia. The amount adds to a $450-million…
Allegiant Gold surges on financing upsize
Allegiant Gold (TSXV: AUAU; OTC: AUXXF) has once again increased the size of its recently arranged private placement to fund the company’s exploration plans in Nevada. This represents Allegiant’s second…
Maritime halts Hammerdown work on NL wildfires
Maritime Resources (TSXV: MAE) has halted civil construction activities at its Hammerdown gold project in northwest Newfoundland as wildfires continue to blaze in the province. Though there aren’t any active…
Gold Fields’ $2.4B Gold Road takeover vote nears
South Africa’s Gold Fields (NYSE, JSE: GFI) is closing in on its A$3.7 billion ($2.4 billion) takeover of Australia’s Gold Road Resources (ASX: GOR), with shareholders set to vote on…
Montage worker dies in Côte d’Ivoire project accident
Montage Gold (TSX: MAU; US-OTC: MAUTF) says a worker died Thursday following an accident at the company’s Koné project in Côte d’Ivoire. Construction activities at the site resumed Friday after…
Equinox surges to 3-year high on Q2 results
Equinox Gold (TSX, NYSE-A: EQX) shares surged to their highest in more than three years after reporting second-quarter earnings results that beat analyst estimates while offering a positive outlook for…
Nevada permit clock starts on Orla’s South Railway
Orla Mining (TSX: OLA; NYSE: ORLA) said U.S. authorities formally started the federal environmental impact process for the company’s South Railroad gold project in Nevada. The decision by the U.S….
Antofagasta posts biggest profit margins since 2021
The Chilean miner attributed the gains to an 11% increase in copper output, lower cash costs, and higher prices for copper and gold.
New Found Gold pauses Queensway work amid wildfires
New Found Gold (TSX-V: NFG; NYSE-A: NFGC) is suspending all activities at its main Queensway project that use heavy machinery or take place near wooded areas amid wildfire risks in…
HSBC sees silver rise from gold strength, lifts forecast
Silver is set to benefit from the strength in the gold market in the coming years as it lifts its price outlook for the white-coloured metal from 2025 to 2027,…
Discovery Silver hits new high on first quarterly results
Discovery Silver (TSX: DSV; US-OTC: DSVSF) climbed to an all-time high on Tuesday after reporting strong results for the most recent quarter and its first as a gold producer. During…