US markets slide, March 6-10
The Dow Jones Industrial Average closed at 20,902.98, down 0.5%, while the S&P 500 Index fell 0.4% to 2,372.60. The U.S. Department of Commerce announced on March 7 that the…
Gold
TSX slips as oil price sinks, March 6-10
The S&P/TSX Composite Index dipped 0.7% to close at 15,506.68, as oil and gold prices declined. The S&P/TSX Global Mining Index dropped 4.7% to 64.46, while the S&P/TSX Global Gold…
Everton kicks off drill program in the DR
Two of the three concessions Everton Resources (TSXV: EVR) has in the Dominican Republic are next to the huge Pueblo Viejo open-pit gold mine, jointly owned by Barrick Gold (TSX:…
Prefontaine hopes to duplicate La India success at Cerro Quema
As president and CEO of Grayd Resource, geologist Marc Prefontaine and his team discovered the La India gold deposit, 200 km east of Hermosillo in Sonora, Mexico, selling it to…
Agnico Eagle buys 15% of GoldQuest for $23M
GoldQuest Mining (TSXV: GQC) shares got a welcome boost after reports that Agnico Eagle Mines (TSX: AEM; NYSE: AEM) is buying 15% of the company for $23 million. This marks…
PDAC 2017: Randgold’s Bristow on managing gold price cyclicality
Randgold Resources’ (LSE: RRS; NASDAQ: GOLD) chief executive Mark Bristow gave a talk on how to create and protect shareholder value in gold mining during the March 6 keynote session…
The Northern Miner podcast – episode 50: PDAC edition and historic tales ft. Otis Gold
Happy #PDAC2017 week! Matt and Lesley are back with a great edition of the Geology Corner where we discuss some outlandish mining deals from cycles past, including: finding gold in…
Otis Gold CEO talks discovery at Kilgore, Agnico investment
VANCOUVER — Explorer Otis Gold (TSXV: OOO; US-OTC: OGLDF) has closed a $5-million investment from Canadian gold producer Agnico Eagle Mines (TSX: AEM; NYSE: AEM) on the back of exploration…
The Northern Miner podcast – episode 49: PDAC primer and geoscience 101 ft. Lukas Lundin
Matt and Lesley follow-up on their conversation about National Instrument 43-101 technical economic reports with a Geology Corner on prospecting, early-stage exploration and target generation! The discussion includes the interpretation of press…
Aurion discovers gold in Finland
VANCOUVER — Prospect generator Aurion Resources (TSXV: AU) has uncovered gold-rich subcrop within a 700 by 1,100 metre (1.1 km) wide area at its Risti project in northern Finland’s Central…
Gold junior snapshot: 7 companies with active programs
Make no mistake, despite the recent rise in the prices of most mined commodities, it’s still gold that attracts the most interest and financing among the juniors. The following are…
Wall Street gains, Feb. 21-24
The S&P 500 Index added 0.69% to close at 2,367.34, while the Dow Jones Industrial Average climbed 0.96% to 20,821.76, both finishing at new highs during the holiday-abbreviated week. The…