US markets slip slightly, Nov. 13-17
Gold closed Friday at US$1,293.40 per oz., up US$18.50 per ounce. The Philadelphia Gold and Silver Index rose 0.35% to 80.88 while the Dow Jones Industrial Average slipped 0.27% to…
Gold
Argonaut pushes forward in Mexico and Ontario
Argonaut Gold (TSX: AR) has had a strong November, expanding its Mexican portfolio by acquiring the Cerro del Gallo (CDG) project from Primero Mining (TSX: P), and tabling a positive…
Copper Mountain bids US$70M for Altona Mining
VANCOUVER — Copper Mountain Mining (TSX: CMMC; US-OTC: CPPMF) has tabled a US$70-million, all-share bid for Australia-based Altona Mining (ASX: AOH) and its district-scale Cloncurry copper-gold property, 95 km northeast of…
TSX posts marginal decline, Nov. 13-17
The S&P/TSX Composite Index fell 0.25% to finish the trading week at 15,998.57, while the gold price climbed US$18.50 per oz., or 1.45%, to US$1,293.40 per ounce. Shares of Endeavour…
TSX Venture rises, Nov. 13-17
The S&P/TSX Venture Composite Index gained 2.87 points to a 799.35-point close, as spot gold prices gained US$17.35 to US$1,292.42 per oz., and Comex copper prices edged up US1¢ to…
Contact Gold explores upside at Pony Creek
VANCOUVER — Expect to hear a lot more about Contact Gold (TSXV: C), president and CEO Matthew Lennox-King says. The new junior explorer is more than halfway through an 8,000-metre…
Gold Standard Ventures finds new zone at North Bullion in Nevada
Gold Standard Ventures (TSX: GSV; NYSE-AM: GSV) is spending US$15.5 million this year on a 48,800-metre program of core and reverse-circulation drill holes at its Railroad-Pinion gold project in Nevada’s…
Columbus Gold plans spin-out of US projects
VANCOUVER — Columbus Gold (TSX: CGT; US-OTC: CBGDF) hopes to unlock unrecognized value within its extensive portfolio of U.S. precious metal prospects. The company recently announced dates for the pending…
Aben’s Forrest Kerr shows promise
VANCOUVER — It’s been a roller-coaster ride for Aben Resources (TSXV: ABN; US-OTC: ABNAF), a junior explorer on the hunt for high-grade gold at its Forrest Kerr project in northwestern…
Kerr Mines to make production decision on Copperstone next year
When two successful businessmen — one from Saudi Arabia and the other from Canada — amass 35% of a junior company’s common shares and dip into their own pockets to…
SSR eyes Seabee expansion, sees two killed at Marigold
VANCOUVER — SSR Mining (TSX: SSRM; NASDAQ: SSRM), formerly Silver Standard Resources, is planning a US$90-million expansion of its Seabee underground gold mine in northern Saskatchewan that would boost production, cut…
Nevada green-lights McEwen Mining’s Gold Bar
Nevada has approved McEwen Mining’s (TSX: MUX; NYSE: MUX) final environmental impact statement for its Gold Bar project and the company says it will start building the gold mine immediately. “Gold…