US markets fall, May 11-15: Franco-Nevada, Hecla, Coeur, Newmont
As decisions about reopening businesses continued to vary from state to state in the U.S., the Dow Jones Industrial Average fell 2.73% to 23,685.42, while the S&P 500 dropped 2.31%…
Gold
JV Article: Tempus Resources funds gold exploration in Canada and Ecuador with A$4M raise
Australia-based Tempus Resources (ASX: TMR) has raised A$4 million (US$2.6 million) in a private placement to fund exploration work at its Blackdome-Elizabeth project in B.C., Canada and at its Zamora…
Turquoise Hill says Oyu Tolgoi blowout could top US$1.8B
Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) announced that an ongoing expansion of the giant Oyu Tolgoi copper-gold-silver mine in Mongolia is expected to cost an additional US$1.8 billion. The…
Guyana Goldfields rejects Gran Colombia merger offer, supports Silvercorp bid
Guyana Goldfields (TSX: GUY; US-OTC: GUYFF) has rebuffed an unsolicited proposal from Gran Colombia Gold (TSX: GCM; US-OTC: TPRFF) for an all share, three-way merger that includes Gold X Mining…
Mining in Mexico to restart
Mining in Mexico, the world’s largest silver producing country, is set to fully resume next week as authorities implement a gradual nationwide return to a “new normal,” which will see…
South America Snapshot: Eight companies active in the region
South America’s prospective geology, established mining jurisdictions and well-developed infrastructure encourage companies to explore, develop and operate projects in the region. Below, we provide an overview of eight companies with…
Corvus Gold finds new zone below Mother Lode deposit
Corvus Gold (TSXV: KOR; US-OTC: CORVF) has discovered a new gold mineralized zone below the company’s Mother Lode deposit, located 165 km northwest of Las Vegas in the Walker Lane…
Viva Gold completes PEA for Tonopah gold project
Viva Gold (TSXV: VAU) has announced results from a preliminary economic assessment (PEA) of the company’s wholly-owned Tonopah gold project, located 30 km northeast of the town of Tonopah in…
Canada may review Endeavour-Semafo merger
Canadian authorities may launch a national security review of the imminent merger between Endeavour Mining (TSX: EDV) and Semafo (TSX: SMF), which would create West Africa’s top gold producer. The…
First Vanadium study outlines low-cost project in Nevada
First Vanadium (TSXV: FVAN; US-OTC: FVANF) has completed a preliminary economic assessment (PEA) for its Carlin vanadium project in Elko County, 10 km south of the town of Carlin in…
Gran Colombia proposes merger with Guyana Goldfields following Silvercorp bid
Gran Colombia Gold (TSX: GCM; US-OTC: TPRFF) has emerged as the latest suitor eyeing Guyana Goldfields (TSX: GUY; US-OTC: GUYFF) in a recently tabled three-way merger proposal that includes its…
Iamgold drills high-grade gold at Rouyn in Quebec
Iamgold (TSX IMG; NYSE: IAG) reported high-grade assay results from a drilling program on the Rouyn gold project in Quebec, 4 km south of Rouyn-Noranda and 45 km southwest of…