Iamgold expects lower production, higher costs in 2019
Iamgold (TSX: IMG; NYSE: IAG) expects to produce fewer gold ounces while incurring higher all in sustaining costs and total cash costs in 2019 compared to 2018, the company said in…
Gold
Alamos Gold forecasts 2019 gold production
Alamos Gold (TSX: AGI; NYSE: AGI) produced 505,000 ounces of gold from its four mines in North America last year and expects a “similar rate of production” this year. The…
Odds ‘n’ Sods: The treasure of Leija Cave
After spending 17 years with Newmont Mining as a senior exploration geologist, and being transferred twice in the same year (1997), I decided it was time to strike out and…
US markets rise, Jan. 7-11: Hecla, Pretium, Teck
Gold prices rose 0.2% to close the trading week at US$1,286.80, while the Philadelphia Gold and Silver Index fell 0.2% to close at 71.71. The Dow Jones Industrial Average rose…
TSX rises, Jan. 7-11: Barrick, Xanadu, Golden Queen, Pretium, Nautilus
After a jittery year-end, investors jumped back into stocks on the Toronto Stock Exchange during the first full week of trading in 2019, pushing the S&P/TSX Index up 512.4 points…
Newmont to buy Goldcorp for US$10B
Newmont Mining (NYSE: NEM) will acquire all outstanding Goldcorp (TSX: G; NYSE: GG) shares in a deal that values Goldcorp at US$10 billion to create Newmont Goldcorp, the companies announced…
TSX Venture rises, Jan. 7-11; Cobalt 27, K92, Ascot-IDM
Shares of Cobalt 27 Capital rose 26¢ to $4.44. In January 2019, the company bought Westgold Resources’ royalty on the Mount Marion lithium mine in Western Australia for $240,400, plus…
GGX drills more high grade at Gold Drop in BC
GGX Gold (GGX; US-OTC; GGXXF) continues to cut near surface high-grade gold mineralization at its 56-sq.-km Gold Drop property near Greenwood in southern British Columbia. The results come from a…
Auryn finds copper zone at Sombrero in Peru
Auryn Resources (TSX: AUG; NYSE-AM: AUG) has found a zone of oxide copper mineralization at the Milpoc prospect, 12 km south of the Sombrero Main target on its Sombrero North…
White Gold discovers near-surface mineralization at Betty
White Gold (TSXV: WGO; US-OTC: WHGOF) has found near-surface gold mineralization on its Betty gold project in Yukon’s White Gold district after drilling shallow, rotary air-blast holes on the property…
Benchmark extends Phoenix zone in BC’s Golden Triangle
Benchmark Metals (TSXV: BNCH; US-OTC: CYRTF) has expanded the Phoenix zone at its Lawyers gold-silver project in B.C.’s Golden Triangle after intersecting gold and silver mineralization in step out drilling…
Corvus extends Mother Lode north in Nevada
Corvus Gold (TSX: KOR; US-OTC: CORVF) has extended its Mother Lode gold deposit in Nevada to the north with five new step out holes it drilled as part of its…