Prosper Gold starts drill testing its Ashley project
Prosper Gold (TSXV:PGX) has kicked off drilling at its Ashley gold project in central Ontario, roughly seven months after optioning into the property, with results expected out in the fourth…
Alamos Gold Inc
Alamos bids $28.5M for Carlisle
Alamos Gold (TSX: AGI; NYSE: AGI) is offering to buy the shares it doesn’t already own in Carlisle Goldfields (TSX: CGJ) for $28.5 million, so it can gain a 100% interest in the Lynn Lake gold project in Lynn Lake, Man.
AuRico CEO: ‘We’re well situated for challenging markets’
VANCOUVER — Newly minted AuRico Metals (TSX: AMI; US-OTC: ARCTF) is poised to hit the ground running with a strong capital position and a portfolio of royalty assets that already make it cash flow positive.
Carlisle CEO says Lynn Lake is a ‘project for our times’
VANCOUVER — The exploration game is afoot for Carlisle Goldfields (TSX: CGJ; US-OTC: CGJCF) across its expansive land package at the Lynn Lake gold camp in Manitoba. The company never lacked drill targets or historic data on the 350 sq….
TSX retreats, April 13-17
Canada’s benchmark index fell on renewed concern over Greece’s debt and China’s new trading regulations. The S&P/TSX Composite Index slipped 28 points, or 0.2%, to 15,360.55, while the S&P/TSX Capped Diversified Metals…
Alamos, AuRico unveil US$1.5B ‘merger of equals’
VANCOUVER — Alamos Gold (TSX: AGI; NYSE: AGI) and AuRico Gold (TSX: AUQ; NYSE: AUQ) have apparently been in an on-again, off-again courtship for years, but on April 13 the companies decided to tie the knot amidst a rising tide of merger…
Wall Street edges up, March 30-April 2
U.S. equities gained momentum on positive jobless data. The Dow Jones Industrial Average climbed 50.64 points to 17,763.24, and the S&P 500 Index added 5.94 points to finish at 2,066.96. Spot gold edged up US$3.60 per oz. to end at US$1,202…
Guerrero on the discovery trail at Biricu
VANCOUVER — It’s early days for explorer Guerrero Ventures (TSXV: GV; US-OTC: GVXNF) at its 410 sq. km Biricu property in the emerging Guerrero Gold Belt (GGB) of southwestern Mexico, but the company has strong technical pedigree…
Alamos shares punished over disappointing results
Alamos Gold (TSX:AGI; NY0SE:AGI) shares continue to slide on the back of disappointing 2014 production results from its Mulatos gold mine in Sonora, Mexico.
U.S. equities march higher, Jan. 20-23
U.S. stocks snapped a three-week losing streak to close the abbreviated trading week higher. The Dow Jones Industrial Average gained 161.03 points, or 0.9%, to finish at 17,672.60, while the S&P 500 Index moved up 32.4 points, or 1.6%, to…
Dundee: Gold miners continue to wrestle with costs
VANCOUVER — Cost optimization has been an underlying theme for gold miners over the past few years. Falling metal prices and frugal capital markets have made it hard to balance sustainable production growth and strong profit margins. In…
NuLegacy explores Iceberg in Nevada
NuLegacy Gold (TSXV: NUG; US-OTC: NULGF) may be onto something at its Iceberg gold deposit on the Red Hill project in Nevada’s famed Cortez gold trend.