The remarkable move upwards of gold prices in mid-June has gold investors catching their collective breath and walking with a little more spring in their step, as June draws to an end and gold prices firm up well north of US$1,300 per oz.
Capstone Mining (TSX: CS; US-OTC: CSFFF) has published a promising feasibility study for its Santo Domingo iron oxide–copper–gold project in Chile’s Region III, showing it could churn out an average 248 million lb. copper in…
Toronto-based Lake Shore Gold (TSX: LSG; NYSE-MKT: LSG) says its strong operating results and growing cash position has helped it make a $10-million prepayment on a standby line of credit with Sprott Resource Lending Partnership, reducing the…
Guyana Goldfields (TSX: GUY) has secured financing to bring its Aurora gold project in Guyana into production by mid-2015. The good news came in the form of approvals by a group of lenders to provide US$185 million in debt financing to cover…
Probe Mines (TSXV: PRB; US-OTC: PROBF) has published the first high-grade underground resource estimate for its Borden gold project, located on the outskirts of Chapleau, west of Timmins, Ont.
In a move which signals that junior gold companies are still a draw for investors, Kirkland Lake Gold (TSX: KGI; LSE: KGI) has struck a bought-deal financing that will raise $7 million to advance the company’s exploration program.
Seabridge Gold’s (TSX: SEA; NYSE: SA) chairman and CEO Rudi Fronk says the company anticipates good news from the exploration program it has launched at its KSM gold–copper project in northwestern B.C.
First Quantum Minerals (TSX: FM; LSE: FQM) has made a friendly $470-million takeover offer for Lumina Copper (TSXV: LCC; US-OTC: LCPRF), ending a sale process for the junior and its Taca Taca copper–gold–molybdenum project in…
VANCOUVER — From new holes to old cores, and from gold to tungsten, Mega Precious Metals (TSXV: MGP; US-OTC: MPRXF) has been uncovering potential at the Monument Bay project in northeastern Manitoba.
VANCOUVER — The gold industry appears to be reacting to growing scrutiny over the century-old method that determines the daily spot price of gold. On June 18 the World Gold Council — a market-development organization composed of top…
Pretium Resources’ (TSX: PVG; NYSE: PVG) revised feasibility study for its Brucejack gold–silver project in B.C. shows the deposit is economical, even at low gold prices.
VANCOUVER — Serbia has received attention lately as an under-explored jurisdiction for copper porphyry targets, but for junior Avala Resources (TSXV: AVZ) the story is all about gold. To this end, the company has just tabled an…
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