New discovery gets Volta moving upwards
A new discovery at its Kiaka Project had Volta Resources (VTR-T) riding high on the Toronto big board.
Gold
Northshore results boost GTA, Balmoral
Shares of GTA Resources and Mining (GTA-V) surged $1.29 or 528.6% to end the day at $1.54 on 7.8 million shares traded after releasing drill results from the Northshore property in the Hemlo-Schrieber greenstone belt of Ontario….
Corvus shares surge 50% on Nevada gold
Vancouver — Corvus Gold (KOR-T) has started the year with a bang. Positive assay results from its North Bullfrog gold-silver project outside of Beatty, Nev., combined with a generally sunny outlook for gold juniors helped push the…
MAX hopes to find ‘silver lining’ in Majuba Hill
Vancouver — MAX Resource (MXR-V) continues to search for a copper-silver porphyry system at its Majuba Hill property in Pershing County, Nevada. Assays were released in early February from a second quarter 2011 drill campaign.
Eagles, Buffalos and America the Beautiful: Investing in US Coins
From gold- or silver-backed exchange-traded funds (ETFs) to high-risk junior exploration plays, options, futures, coins, bars or shares in senior mining companies, the modern investor has no shortage of ways to invest in precious metals.
Salazar shares gain on Lundin’s investment
Salazar Resources (SRL-V) climbed 18% on news that diversified miner Lundin Mining (LUN-T) is acquiring a 15.4% stake in the company by buying over 80% of Salazar’s $3-million private placement, consisting of 6 million units…
Elgin’s bid for Gold-Ore to create new Arctic gold producer
With gold equities having largely underperformed for more than a year despite gold prices hitting a series of new all-time highs, many predict a fresh wave of M&A activity for the gold sector in 2012, arguing it now represents one of the…
Latin American Minerals clarifies and bounces back
Instead of the pomp normally associated with a new mine opening, Latin American Minerals (LAT-V) dashed investors’ hopes of any ceremonies on Feb. 1 by announcing that it was suspending operations at what was set to become Paraguay’s…
Canaccord brokers pile back into North Country
At least 14 Canaccord Genuity brokers have picked up shares in Nunavut-focused gold explorer North Country Gold (NCG-V) in a recent private placement. North Country raised $12 million in late December by issuing 10.2 million flow-through shares…
Crocodile execs applaud Luxor’s higher offer
Luxor Capital Group has increased its partial offer for Crocodile Gold (CRK-T), which operates gold mines in Australia. The New York-based investment company has raised its bid to US62¢ from US56¢ a share to buy 215.4 million…
Perseus turns 1M oz. gold project into 7M oz. gold mine in Ghana
Perth-based Perseus Mining (PRU-T, PRU-A) has brought its first West African gold mine to commercial production, pouring 35,801 oz. gold from the Edikan gold mine in Ghana in the fourth calendar quarter of 2011.
Pilot Gold hits high grade in search for next Long Canyon
Vancouver – On the hunt for the next Long Canyon deposit, Fronteer spin-out Pilot Gold (PLG-T) thinks it has found just that some 75 km southeast of its original Nevada discovery.