Premier gathers momentum on grade
Many stocks within the junior gold sector are languishing, but Premier Gold Mines (PG-T) is showing there is still life for explorers that find the grade.
Gold
Sabina raises funds for Back River’s exploration
Sabina Gold & Silver (SBB-T) is raising $20 million to keep the drills turning on its advanced-stage Back River gold project in Nunavut’s West Kitikmeot region, a move that has one analyst scratching his head.
Teranga aims to boost Sabodala with Oromin bid
VANCOUVER — Toronto-based producer Teranga Gold (TGZ-T, TGZ-A) is taking a second swing at Vancouver-based junior Oromin Explorations (OLE-T) with an all-share acquisition offer. Teranga’s target is Oromin’s 43.5% stake in the…
Playing interest rates with mining stocks
To state that interest rates drive financial markets is to state the obvious. But defining the relationship between rates and mining stocks is a more difficult matter.
Colorado Resources suffers a discovery hangover at North ROK in BC
VANCOUVER — It is often difficult to maintain market momentum after a really strong discovery hole on a project. And Kelowna-based explorer Colorado Resources (CXO-V) found out just how trigger-happy investors can be when the company…
Newcrest to take $6B writedown, cut office jobs
Newcrest Mining (NM-T, NCM-A), joining a growing list of miners that have been rattled by the recent dip in commodity prices amidst escalating costs, intends to slam the brakes on spending and swallow up to A$6 billion ($5.8 billion) in…
True Gold making good Karma in Burkina Faso
True Gold Mining’s (TGM-V) Karma project in Burkina Faso keeps getting better and better.
Pretium completes Brucejack feasibility
A feasibility study on the Brucejack high-grade gold project, 65 km north of Stewart, B.C., has brought Pretium Resources (PVG-T, PVG-N) one step closer to its goal of kicking off mine construction in the second half of 2014 and commercial…
Orefinders sees potential in gold-rich Kirkland Lake
VANCOUVER — When equity markets and investors get skittish, being an explorer in an established jurisdiction with minimal socio-political risk can really pay off. And with that in mind, Vancouver-based junior Orefinders Resources (ORX-V)…
Marathon cracks open gold system at Valentine Lake
Since picking up the 50% that it didn’t already own of the Valentine Lake gold project in Newfoundland, Marathon Gold (MOZ-T) has been busy proving up resources across the 260 sq. km flagship property, 57 km south of the mining town of…
Goldcorp grows in Canada
VANCOUVER — It has been a tough year for Canadian gold producers, but Vancouver-based Goldcorp (G-T, GG-N) has side-stepped the writedowns and jurisdictional concerns plaguing many of its peers. Goldcorp’s conservative approach…
Clifton keeps advancing Duparquet
Clifton Star Resources (CFO-V) is getting busy at its Duparquet gold property in northwestern Quebec, with plans to table a resource update by July, followed by a prefeasibility study in early 2014.