Maritime offers streaming royalty to investors
Maritime Resources (TSXV: MAE) has gotten inventive with its financings to help advance its 100%-held Green Bay gold property in Newfoundland and Labrador. The junior has offered a streaming royalty as…
Richmont Mines Inc
Brexit fears weigh on TSX, June 13-17
Worries that Britain might vote to leave the European Union in a referendum on June 23 sent Canada’s main stock index down 0.97% to 13,901.77. A vote to leave the…
TSX ekes out slim gain, May 9-13
The ferocious wildfires in Alberta’s oil patch around Fort McMurray knocked an estimated 1 million barrels a day offline, prompting many economists to lower their 2016 gross domestic product growth…
Drilling pays off for Richmont at Island Gold
Richmont Mines (TSX: RIC; NYSE-MKT: RIC) shares got a boost after exploration drilling confirmed the Island Gold mine near Wawa, Ont., continues to grow in size. The 77.7 sq. km property…
TSX posts strong gain, April 11-15
The Bank of Canada announced mid-week that it would keep its overnight interest rate at half a percent, and projected real gross domestic product growth this year would be 1.7%,…
Richmont CEO Renaud Adams: ‘Now we control our destiny’
Richmont Mines’ (TSX: RIC; NYSE-MKT: RIC) president and CEO Renaud Adams talked to The Northern Miner about the 187% reserve increase at its two gold mines. Reserves at the Island Gold mine in Ontario grew 206% to…
Richmont boosts gold reserves 187%
Richmont Mines (TSX: RIC; NYSE-MKT: RIC) is reaping the rewards of its extensive drilling campaigns last year, with a combined 187% increase in reserves at its two gold mines: Island Gold in Ontario and Beaufor in Quebec.
Red Pine recruits veteran advisors Watson, Franklin, Desrochers for Wawa project
At the end of August, Red Pine Exploration (TSXV: RPX; US-OTC: RDEXF) completed its earn-in for a 30% stake in the Wawa gold project, which hosts eight past-producing gold mines with average grades of 8.9 grams gold per tonne, 2 km southeast of…
Richmont goes deep at Island Gold mine
At a time when many companies are putting exploration plans on hold to weather the downturn in metals markets, Richmont Mines (TSX: RIC; NYSE-MKT: RIC) is doing exactly the opposite.
Red Pine Exploration updates resource at Wawa project
Like many other juniors in today’s depressed commodities market, Red Pine Exploration (TSXV: RPX; US-OTC: RDEXF) seems to have a lot more going for it than its 4¢ share price would suggest.
Land deal with Richmont brings Argonaut drill success
About 2 km away from where Richmont Mines (TSX: RIC; NYSE-MKT: RIC) is producing gold from its Island gold mine, and exploring for more at its Island gold deep development project, Argonaut Gold (TSX: AR; US-OTC: ARNGF) is advancing its…
Stepout exploration yields riches for Richmont
In the first full week of January, Richmont Mines (TSX: RIC; NYSE: RIC) released high-grade intercepts at significant depths from stepout exploration beneath its Island gold mine in northwestern Ontario. It prompted analysts at Macquarie Bank…