First Mining finishes phase-two drilling at Goldlund
First Mining Gold (TSX: FF; US-OTC: FFMGF) has tabled the final set of drill results from its 16,000-metre infill program at Zone 1 of its 236 sq. km Goldlund gold…
Gold
TSX inches higher while gold dips, May 14-18
Canada’s benchmark index rose 0.47% to 16,162.31 during a week that saw little movement in Canadian markets. The S&P/TSX Global Mining Index rose 0.12% to 75.25 and the S&P/TSX Global…
US markets dip, May 14-18
Gold closed at US$1,291.9, down 2% over the previous trading week, as U.S. markets slipped. The Philadelphia Gold and Silver Index fell 2.14% to 82.06, and the Dow Jones Industrial…
Marathon Gold finishes PEA on Valentine Lake
The first economic assessment of Marathon Gold’s (TSX: MOZ) Valentine Lake gold project in Newfoundland could host a “very robust” and “low cost” operation, president and CEO Phillip Walford says….
Osisko Mining builds critical mass in Quebec
In the first five months of the year, Osisko Mining (TSX: OSK) released resource estimates for two projects in Quebec while keeping in step with an ambitious drill program that…
Millbrook pens exploration contract with Cuban gov’t
In late April, privately held Millbrook Minerals became the first copper-zinc explorer to sign an International Economic Association (IEA) contract with Cuban state mining company GeoMinera. The document permits Millbrook…
Cartier Resources cuts more high grade at Chimo
During the most recent market downturn, when many of his peers were running for cover and trying to preserve cash, French Canadian geologist Philippe Cloutier went on a shopping spree….
Guyana Goldstrike trenches Marudi ahead of drilling
Guyana Goldstrike (TSXV: GYA) has completed preliminary mapping, trenching and sampling at the Paunch area on its Marudi gold project in Guyana’s Guiana gold belt — phase one of its…
Rio2 to merge with Atacama Pacific
Alex Black and his team have built two mines in Peru — La Arena and Shahuindo — and in the process nurtured Rio Alto Mining from a $12-million company in…
Leagold pursues new resource at Los Filos gold mine
Leagold Mining (TSX: LMC) has tabled new step-out drill results from the underground portion of its Los Filos gold mine, 230 km south of Mexico City. The company has drilled…
Barrick takes strategic stake in Midas Gold
In the latest of a series of strategic investments in junior mining companies, Barrick Gold (TSX: ABX; NYSE: ABX) is acquiring a 19.9% stake in Midas Gold (TSX: MAX; US-OTC:…
World Gold Council: Gold demand off to a soft start in 2018
The following is an edited summary from the World Gold Council, based on its Gold Demand Trends Q1 2018 report. To access the full report, visit www.gold.org. Gold demand had…