Gold price to hit $3,600 this year and next: CIBC
Despite gold’s recent slump, CIBC Capital Markets still expects the yellow metal to reach new heights this year, with prices averaging $3,600 per oz. in the second half. Behind the…
Agnico Eagle Mines
Video: Agnico Eagle CEO vows to return unused cash, not chase weak deals
Sitting on significant free cash amid gold trading at record price levels, Agnico Eagle Mines (NYSE; TSX: AEM) would rather hand back surplus cash than chase marginal deals, CEO Ammar Al‑Joundi…
Decarbonization out of sync with diesel dependence
In Canada’s Far North, where the effects of climate change are readily apparent, decarbonization goals are stunted by a lack of infrastructure and diesel dependence. Agnico Eagle Mines (TSX, NYSE:…
Emperor Metals doubles inferred gold at Duquesne West
Emperor Metals’ (CSE: AUOZ; US-OTC: EMAUF) initial resource has more than doubled the inferred estimate at its Duquesne West gold project in Quebec’s Abitibi region. Shares rose. The estimate includes…
B2Gold in first yellow metal pour at Goose mine
B2Gold (TSX: BTO; NYSE: BTG, NSX: B2G) has made the first gold pour at its Goose mine in southwestern Nunavut, making it the company’s first producing mine in Canada and…
Foran assays extend copper zone at McIlvenna Bay
Foran Mining (TSX: FOM; OTCQ-X: FMCXF) cut a highlight result of 21.3 metres grading 1.55% copper at its McIlvenna Bay project in east-central Saskatchewan. Hole BZ-25-02 also intersected 0.69% zinc,…
Australia gold output falls as miners tap stockpiles
Gold mine output in Australia fell 7% quarter-over-quarter as more miners used lower-grade stockpiled material to blend into their mill feed, a new report says. Australia, the world’s largest gold…
Agnico stake in Fury Gold could rise to 9.9%
Agnico Eagle Mines (TSX, NYSE: AEM) has nearly tripled its equity position in junior explorer Fury Gold Mines (TSX, NYSE-A: FURY) with a further $4.3-million investment. Most of the new…
Amex nearly triples Perron project gold in Abitibi
A resource update for Amex Exploration’s (TSXV: AMX; US-OTC: AMXEF) Perron gold project in Quebec’s Abitibi region raises contained gold almost three-fold in the measured and indicated categories over the…
Agnico lifts Foran stake but copper project costs jump
Canada’s Agnico Eagle (TSX, NYSE: AEM) is increasing its stake in Foran Mining (TSX: FOM) which is coping with increased capital costs for its McIlvenna Bay copper-zinc-gold-silver project in Saskatchewan. …
Southern Cross banks $143M to fast-track Sunday Creek resource estimate
Australia’s Southern Cross Gold (ASX: SXG) raised $143 million (A$162 million) in a private placement in Canada to support work at the Sunday Creek gold-antimony project. Bankers from Stifel Nicolaus…
Agnico Eagle podcast spotlights Nunavut’s people, environment and mining
Agnico Eagle Mines (TSX, NYSE: AEM), generating about one-fifth of Nunavut’s gross domestic product, launched The Arctic Edge podcast series on Thursday. This series aims to show listeners the realities…