Northquest Ltd

The camp at Columbus Gold’s Montagne d’Or gold project in northwestern French Guiana. Credit: Columbus Gold.

Nordgold boosts stake in Columbus Gold

Russian billionaire Alexey Mordashov’s mining company, Nordgold, has increased its stake in Canadian junior Columbus Gold (TSX: CGT; US-OTC: CGTTF) to 9.96% on a non-diluted…

Northquest CEO Jon North (second from left) with colleagues at the Pistol Bay gold project, near the town of Whale Cove in eastern Nunavut. Credit: Northquest

Nordgold raises stake in Northquest

As Canadian mining companies look inward, licking their wounds from the prolonged rout in commodity markets, a Russian gold producer with nine operating mines and heaps of cash has exercised warrants above market price to take a majority stake…

A termite mound dwarfs Merrex Gold president and CEO Greg Isenor at the Siribaya gold project in Mali. Photo by Merrex Gold

Termites lead explorers in Mali to gold

Nicknamed “geozoology,” or “termite geochemistry,” mineral exploration companies in Mali are still turning to termites as an important tool in the search for gold deposits. By sampling termite mounds, which often tower more than two metres high…

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