TSX Venture posts strong gains, June 6-10
The S&P/TSX Venture Composite Index jumped 3.2%, or 21.87 points, to a 715.59-point close, as gold prices climb towards four-week highs. Spot gold gained 2.4%, or US$30.04, to a US$1,274.24…
Gold
The Northern Miner podcast – episode 16: Story time with Lesley and gold rises
The Northern Miner introduces ‘Story Time with Lesley’, wherein we share some entertaining tales from the field, with additional coverage on Lundin Gold‘s (TSX: FUG; US-OTC: FTMNF) Fruta Del Norte project…
TSX edges lower, June 6-10
Canada’s unemployment rate in May fell to 6.9%, its lowest level since July 2015, but the news was tempered by worries about slowing global economic growth and concerns that Britain…
Fortuna scooping up Goldrock for US$101M
VANCOUVER — Fortuna Silver Mines (TSX: FVI; NYSE: FSM) has been on the lookout for an acquisition in the Americas, and it found a fit in Goldrock Mines (TSXV: GRM; US-OTC:…
Nautilus probes for more in Central Pacific
VANCOUVER — There’s an ocean of opportunity for aspiring seafloor miner Nautilus Minerals (TSX: NUS; US-OTC: NUSMF) at its wholly owned, polymetallic nodule project within the Clarion-Clipperton fracture zone (CCZ)…
Silver Bear moving swiftly to develop Vertikalny Central
Since the end of last year, shares of Russia-focused Silver Bear Resources (TSX: SBR) have soared from 1.5¢ to 24¢ apiece. “That’s more than a tenfold increase in the last six months…
Atac eyes road access to Tiger gold deposit in the Yukon
VANCOUVER — Explorer Atac Resources (TSXV: ATC; US-OTC: ATADF) thinks its high-grade Tiger oxide gold deposit could offer significant start-up cash flow for a large-tonnage operation at its massive Rackla project,…
Dundee Precious Metals to start construction at Krumovgrad in Q3
Updating investors on its Krumovgrad gold project in southern Bulgaria, Dundee Precious Metals (TSX: DPM) says it could start construction before October and has revised its construction capital cost estimate…
It’s official: Lydian to start construction at Amulsar
Lydian International (TSX: LYD) has decided to build Armenia’s largest gold mine, with the first gold pour anticipated in 20 months. The company has more than 80% of the financing…
Lundin Gold tables feasibility study for Fruta del Norte
VANCOUVER — Lundin Gold (TSX: LUG; US-OTC: FTMNF) has completed a feasibility study that outlines a path to production at its flagship Fruta del Norte (FDN) gold project in southeastern Ecuador….
Editorial: Northern Superior loses case in Ontario
A long-simmering legal case revolving around the duty to consult in Ontario’s Mining Act has been resolved, with plaintiff Northern Superior Resources having its action against the province of Ontario…
Nordgold raises its offer for Northquest
VANCOUVER — After increasing its stake in Northquest (TSXV: NQ) to 52.3% late last year, Russian gold miner Nordgold is making a move to acquire the rest of the junior and…