US markets rise marginally, April 16-20
The Dow Jones Industrial Average climbed 0.42% to 24,462.94 and the S&P 500 Index rose 0.52% to 2,670.14. Alcoa posted the largest gain, surging $5.05 per share to $60.01. The…
AngloGold Ashanti
New DRC mining code upsets miners
A new mining code in the Democratic Republic of the Congo that would raise royalties on metal production and eliminate a stability clause enshrined in the previous 2002 charter that…
Pure Gold to update Madsen PEA in Q3
Pure Gold Mining (TSXV: PGM) has reached several milestones this year at its Madsen project in northwestern Ontario’s Red Lake district, and is on track to reach several more before…
Trek extends mineralization at Aurizona
Shallow step-out holes drilled at Trek Mining’s (TSXV: TREK) wholly owned Aurizona gold project in Brazil have extended gold mineralization west of the past-producing Piaba open-pit mine. Drill results from…
New execs hope to turn around Luna Gold
The team that put the Karma gold mine into production in Burkina Faso for True Gold before the junior was acquired by Endeavour Mining (TSX: EDV; US-OTC: EDVVF) for $240…
Odin Mining to buy Ecuador Gold and Copper
In a friendly all-share deal that knits together assets in southern Ecuador, Odin Mining and Exploration (TSXV: ODN), a junior that counts mining entrepreneur Ross Beaty as its largest shareholder,…
Colombian Mines’ Nevada acquisition sends shares soaring
Robert Carrington has spent a good part of his career in Nevada and has helped find a number of deposits that became producing mines, including Twin Creek, now owned by…
Hunt Mining acquires Martha mine in Argentina
Matthew Hughes found the Martha silver deposit while looking out the window of his pick-up truck. It had just rained and a red line streaked across the dirt road in…
Moody’s cuts Goldcorp’s credit rating
Moody’s Investors Service has downgraded Goldcorp’s (TSX: G; NYSE: GG) senior unsecured ratings one notch above junk status, while confirming its ratings for Barrick Gold (TSX: ABX; NYSE: ABX), AngloGold…