Tajiri raises $1.9M for work at Reo in Burkina
Vancouver-based Tajiri Resources (TSXV: TAJ) has closed a $1.9 million financing, with the net funds to be directed towards licensing and exploration at its newly acquired, grassroots Reo gold project…
Gold
Another management change at Roxgold, with Sapuppo to become CFO
In its third management change in as many months, Roxgold (TSX: ROXG) has appointed a new chief financial officer. Roxgold’s current CFO — Natacha Garoute — will stay in the…
Interview: Agnico’s Sean Boyd says Meliadine to produce in Q2 2019
Agnico Eagle Mines (TSX: AEM; NYSE: AEM) hosted a site visit in late June to its advanced-stage Meliadine gold project in Nunavut, which is expected to start production in the…
CIBC analysts ponder Detour Gold suitors
Shares of Detour Gold (TSX: DGC) jumped nearly 12% yesterday on disclosure from one of the company’s largest institutional shareholders, Paulson & Co., that a potential acquirer is interested in…
K2 exploring for gold at Wels in Yukon
DESTRUCTION BAY, YUKON — K2 Gold (TSXV: KTO; US-OTC: KTGDF) has begun a $350,000 exploration program at its 72 sq. km Wels gold property in west-central Yukon, 45 km east…
Moneta extends mineralization at Golden Highway near Timmins
Moneta Porcupine Mines (TSX: ME; US-OTC: MPUCF) has identified a new mineralized shoot and two new veins at the South West deposit of its Golden Highway gold project, 110 km…
Wheaton buys gold and palladium stream from Sibanye-Stillwater
Less than a month after paying US$390 million in cash for a cobalt stream from Vale’s (NYSE: VALE) Voisey’s Bay mine on the north coast of Labrador, Wheaton Precious Metals (TSX: WPM; NYSE:…
Avino sees copper output rise, silver-gold decline in Q2
Vancouver-based junior miner Avino Silver & Gold Mines (TSX: ASM; NYSE-AM: ASM) had a mixed second quarter of production at its Avino property in Mexico’s Durango state, with copper production…
Lundin Mining makes new bid for Nevsun
In its second major overture in three months, Lundin Mining (TSX: LUN) said it plans to offer US$1.4 billion in cash for Nevsun Resources (TSX: NSU; NYSE: NSU). Lundin Mining…
TSX rises while gold falls, July 9-13
Canada’s benchmark index rose 1.15% to 16,561.12 on a down trading week. The S&P/TSX Global Mining Index fell 1.6% to 73.19 and the S&P/TSX Global Gold Index fell 2.76% to…
Dow Jones down, S&P 500 up, July 9-13
Rising discord between the U.S. and its major trading partners Canada, Europe and China put pressure on some stocks, while the rising U.S. dollar put pressure on gold. The Dow…
Anaconda withdraws takeover bid for Maritime
Anaconda Mining (TSX: ANX; US-OTC: ANXGF) has withdrawn its hostile takeover bid for Maritime Resources (TSXV: MAE; US-OTC: MRTMF) after Maritime’s recently completed, $1.5-million private placement. It ends Anaconda’s five-month-long…