VANCOUVER — When the “geological complexity” of their orebodies forced Rubicon Minerals’ (TSX: RMX; NYSE-MKT: RBY) to suspend development production at its Phoenix gold mine in Red Lake, Ont., and Goldcorp (TSX: G; NYSE:…
VANCOUVER — It’s been a busy 12 months for Almaden Minerals (TSX: AMM; NYSE-MKT: AAU), and it wrapped up the year with an option agreement for mill infrastructure that will drop development capital requirements at its Ixtaca…
VANCOUVER — Explorer Otis Gold (TSXV: OOO; US-OTC: OGLDF) hasn’t let tepid market conditions impact its vision for an open-pit, heap-leach gold mine at its Kilgore project roughly 50 km due northeast of the town of Dubois, Idaho. The…
The Toronto stock market ended in positive territory, with the S&P/TSX Composite Index gaining 0.5% to close at 13,082.86. The S&P/TSX Global Mining Index climbed 4.5% to 43.70, while the S&P/TSX Capped Diversified Metals &…
VANCOUVER — There’s certainly no lack of high-grade gold targets for TerraX Minerals (TSXV: TXR) to shoot for at its Yellowknife City gold project, located in a district it refers to as “Canada’s last undeveloped…
The opportunities related to mining and exploration are enormous in Manitoba and Saskatchewan, but mineral exploration in these two provinces is decreasing, and our industry will need to see changes if we are to expect improvement.
U.S. equities closed lower, despite receiving a boost after the Federal Reserve raised interest rates. The Dow Jones Industrial Average fell 0.5% to 17,495.84, while the S&P 500 Index lost 0.5% to close at 2,041.89. The Nasdaq dipped 0.8%…
With $70 million in cash and equivalents, Oban Mining (TSX: OBM) is quietly consolidating ground in the Abitibi by acquiring junior companies and properties in Ontario and Quebec.
A group of 20 lenders have come up with US$4.4 billion in project financing for Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) to build the underground portion of its Oyu Tolgoi copper and gold mine in southern Mongolia.
Salman Partners’ analyst Derek Macpherson has recently initiated coverage on Klondex Mines (TSX: KDX; NYSE-MKT: KLDX), with a “buy” rating and a one-year, $5-per-share price target.
Raymond James analyst Phil Russo has reviewed 67 mergers and acquisitions (M&A) in the gold space since 2010 to determine how many are viable producing, developing and streaming deals. He has found that 40% of transactions would not recoup…
VANCOUVER — Discovery Ventures (TSXV: DVN) is eager to develop its Willa gold-copper-silver deposit, located 8 km south of Silverton, southeast B.C., now that the company has secured complete ownership of the Max mine and mill complex,…
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