Gold



Trelawney bids for Augen Gold

Trelawney Mining and Exploration (TRR-V) is looking to consolidate its position in the Swayze gold belt in northern Ontario, by acquiring one of its largest neighbours: Augen Gold (GLD-V).


Drillers at Carpathian Gold's RVP gold-copper project in central Romania. Photo by Carpathian Gold

Barrick buys 9% of Carpathian Gold for $20M

Carpathian Gold (CPN-T) has received a big credibility boost from Barrick Gold (ABX-T, ABX-N), after the miner agreed to purchase $20-million worth of the junior’s shares for an approximate 9% interest.   


Storm clouds for Lake Shore

Lake Shore Gold’s (LSG-T) shares plunged to a new 52-week low in mid-July, after the company reported lower-than-expected gold grades for the second quarter, a delay in mill expansion and a reduced full-year production target.  



Barrick stung by higher costs

Higher costs are pushing capex estimates higher at Pueblo Viejo, Pascua-Lama and Cerro Casale, Barrick Gold’s (ABX-T, ABX-N) major growth projects, the company reports.


Market shrugs for NovaGold’s Galore Creek PFS

Vancouver – NovaGold Resources (NG-T, NG-N) has released a new prefeasibility study for its 50%-owned Galore Creek copper-gold project in Northern British Columbia, nearly six years after completing it the first time round.



Gold Mountain rises on Elk, financing

A junior led by Copper Mountain Mining’s (CUM-T) CEO, Jim O’Rourke, saw its shares jump as high as 50%, two days after it completed a qualifying transaction and a concurrent financing. 


Batero falls on the drill

Batero Gold’s (BAT-V) impressive market run over the last 12 months has hit a bit of a snag. The company’s shares have fallen 28% since releasing its latest drill results on July 27. In Toronto on July 28 its shares closed at $2.68 on 1.04…


Agnico-Eagle invests $70 million in Rubicon

Agnico-Eagle Mines (AEM-T, AEM-N) is making a $70 million strategic investment in Rubicon Minerals (RMX-T, RBY-X) that will give it 9.2% of the company’s outstanding shares.


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