Wall Street declines, April 25–29
U.S. stocks fell as oil and gold prices rose higher. The Dow Jones Industrial Average and the S&P 500 Index both fell 1.3% to 17,773.64 and 2,065.30. The Nasdaq Composite…
Gold
The Northern Miner podcast – episode 10: Aloha! CIM conference and earnings season
Join us as we bid Lesley a groovy week-long vacation in Hawaii; aloha! Matt digs into a flurry of quarterly earnings reports, including Goldcorp (TSX: G; NYSE: GG) and Barrick Gold…
Avnel sees Kalana as open pit mine
Howard Miller, executive chairman and CEO of Avnel Gold Mining (TSX: AVK), has had his fair share of success over the last 35 years. As a founding director of Nelson Resources, he…
Argonaut boosts San Agustin’s economics
Argonaut Gold (TSX: AR) shares gained 11% after an updated preliminary economic assessment (PEA) on the San Agustin gold-silver project in Mexico cut initial cost estimates 36% and improved returns. The…
Sirios rethinks Cheechoo, wins Goldcorp’s interest
VANCOUVER — Explorer Sirios Resources (TSXV: SOI; US-OTC: SIREF) has been toiling away for years in relative obscurity at its flagship Cheechoo gold project, 320 km north of Matagami, Que., but is gaining…
Shanghai Gold Exchange launches benchmark price
The following is an edited release from the London-headquartered World Gold Council. For more information, please visit www.gold.org. A year and half after it was established in September 2014, the…
Barrick posts Q1 loss
Barrick Gold (TSX: ABX; NYSE: ABX) swung into the red in the first quarter on the back of declining production due to asset sales in the second half of 2015…
Roxgold reports maiden resource on Bagassi South’s QV1 target
Roxgold (TSXV: ROG; US-OTC: ROGFF) expects to become a junior producer in June when it pours the first gold from its Yaramoko project in Burkina Faso. In the meantime, the…
Pretium boosts confidence in Brucejack
VANCOUVER — Pretium Resources (TSX: PVG; NYSE: PVG) is proceeding on schedule and US$50 million under budget at its Brucejack gold project in northwestern B.C., moving steadily towards its goal…
Colorado hunts for high-grade gold at KSP
VANCOUVER — Colorado Resources (TSXV: CXO) has a plethora of targets to choose from at its rugged 305 sq. km KSP property in northwest B.C, but this year the junior…
TSX Venture hits nine-month high, April 18-22
The S&P/TSX Venture Composite Index broke a nine-month high over the trading period, gaining 22.34 points, or 3.5%, to a 656.18-point close, lifted by optimism over demand for industrial metals…
Eldorado to sell Jinfeng to China National Gold
VANCOUVER — Eldorado Gold (TSX: ELD; NYSE: EGO) is the largest foreign gold producer in China, with three of the company’s six producing mines operating in the country. But that…