Cayden three for three at El Barqueo
Cayden Resources (TSXV: CYD; US-OTC: CDKNF) keeps hitting gold at its El Barqueno project in Jalisco state, Mexico, coming up with its third discovery at the project in July.
Gold
Cerro Quema shines for Pershimco in Panama
A newly tabled prefeasibility study of Pershimco Resources’ (TSXV: PRO; US-OTC: RSPRF) Cerro Quema gold project in southern Panama outlines a low-cost, open-pit operation generating 78,500 oz. gold a year over five years, with production…
Merrex Gold and Iamgold report ‘game-changing’ discovery at Siribaya
What was until recently characterized as “a strong gold geochemical anomaly” at the Siribaya gold project in Mali is now “a significant new gold discovery with multiple zones of gold mineralization,” according to…
Primero gets to work on Black Fox underground
VANCOUVER — After snapping up Brigus Gold and its Black Fox mine for $220 million in late 2013, Primero Mining (TSX: P; NYSE: PPP) pledged it would turn operations around and realize the project’s dormant underground potential….
McEwen and Turk talk gold
The Northern Miner invited James Turk, the London-based gold analyst and founder of GoldMoney, and mining legend Rob McEwen of McEwen Mining (TSX: MUX; NYSE: MUX), to discuss their views on a number of issues ranging from the value of money,…
TSX takes a break, June 30-July 4
Trading on the Toronto Stock Exchange was on the downbeat during the Canada Day shortened week, with the S&P/TSX Composite Index losing nearly 69 points to finish at 15,214.96. The spot price for gold retreated US$7.91 per oz. to…
Kirkland Lake Gold unveils three-year production plan
A three-year mine plan for fiscal years 2015–17 has Kirkland Lake Gold (TSX: KGI; US-OTC: KGILF) focusing on grade over tonnage and margin over production.
Avino Silver & Gold to reacquire Bralorne project
Profitable silver junior Avino Silver & Gold Mines (TSXV: ASM; NYSE-MKT: ASM) has inked a letter of intent to acquire Bralorne Gold Mines (TSXV: BPM; US-OTC: BPMSF) for its Bralorne gold project in B.C. — a past-producing mine that is…
Lake Shore aims to beat 2014 production forecast
Lake Shore Gold (TSX: LSG; NYSE-MKT: LSG) is moving in the right direction. The Toronto-based gold miner posted record quarterly and six-month production in the second quarter and first half of 2014, and expects to reach the top end of its…
US stocks drop, June 23-27
U.S. equities had a lacklustre trading week. The Dow Jones Industrial Average fell 95 points from the week before to 16,851.84, while the broader S&P 500 Index slipped nearly 2 points to 1,960.96. Bucking the downward trend was the…
Sun Valley Gold loads up on shares of Belo Sun Mining
Privately held hedge fund Sun Valley Gold has added to its shareholding in Belo Sun Mining (TSX: BSX) with the purchase of 7 million shares at 19¢, bringing its total stake to 12.4% in the Brazil-focused gold explorer.
Aura welcomes Agnico as partner in Nunavut
Shares in little known junior explorer Aura Silver Resources (TSXV: AUU; US-OTC: AUSVF) have been on the rise since Agnico Eagle Mines (TSX:AEM; NYSE:AEM) agreed to option into its 100%-owned Greyhound gold-silver project in Nunavut.