Kirkland Lake presses on towards lofty goals
Its latest quarterly results weren’t perfect, but Kirkland Lake Gold (TSX: KGI; US-OTC: KGILF) is making steady progress towards its goal of becoming a substantial gold producer in Ontario.
Gold
B2Gold well positioned for an acquisition, says BMO
VANCOUVER — Producer B2Gold (TSX: BTO) has been one of the better performing gold equities over the past couple of months, as shares have jumped 52%, or $1.05 per share on the back of consistent production and a strong balance sheet.
Coastal Gold keeps the drills turning at Hope Brook
Coastal Gold (TSXV: COD) is steaming ahead with a resource definition program at its 100% owned Hope Brook gold project in southwestern Newfoundland.
Esperanza’s shareholders embrace Alamos offer
Shareholders of Esperanza Resources (TSXV: EPZ) voted 96.25% in favour of the company’s acquisition by Alamos Gold (TSX: AGI; NYSE: AGI), and the Supreme Court of British Columbia has given its seal of approval to the plan of arrangement.
More high grade for Probe
The more Probe Mines (TSXV: PRB; US-OTC: PROBF) drills out its Borden Gold project near Chapleau, Ont., the more it looks like it may have Ontario’s next big gold deposit on its hands.
Wesdome discovers new gold structures at Eagle River
VANCOUVER — Toronto-based producer Wesdome Gold Mines (TSX: WDO; US-OTC: WDOFF) enjoyed a warm reception from markets following news of underground drilling success at its wholly owned Eagle River mine, located 50 km west of Wawa, Ont….
Brigus improves at Black Fox, boosts guidance
VANCOUVER — Halifax-based producer Brigus Gold (TSX: BRD; NYSE-MKT: BRD) is adjusting to challenging market conditions at its Black Fox gold mine in the town of Matheson, Ont. Despite volatile gold prices — which hit a…
Colorado shares slide despite stepout hits
VANCOUVER — Since hitting 333 metres of copper-gold porphyry in its first hole at the North ROK property in B.C. just four months ago, Colorado Resources (TSXV: CXO) has completed 6,000 metres of drilling and hit mineralization in 10 of…
Gabriel pushes forward at Rosia Montana gold project
Gabriel Resources (TSX: GBU) is intent on proving the naysayers wrong and the latest word out of Romania indicates it may well be on its way to doing just that.
The majestic rise of Imperial’s Red Chris
DEASE LAKE, B.C. — Buying used equipment. Building the small mine envisioned by previous project owners because it was already permitted. Funding the $500-million capital cost from cash flow, supplemented by a loan from a single…
AuRico’s Q2 hits the mark
AuRico Gold (TSX: AUQ; NYSE: AUQ) has met second-quarter earnings expectations after adjusting for US$105 million in non-cash charges, mostly related to its El Chanate gold mine in Mexico.
Iamgold marches forward as cost cuts continue
Despite posting a second-quarter loss of US$28.4 million compared to a US$52.9-million profit a year ago, Iamgold (TSX: IMG; NYSE: IAG) says its operations are performing as expected, as it reins in spending amid declining quarterly revenues,…