Contact Gold explores upside at Pony Creek
VANCOUVER — Expect to hear a lot more about Contact Gold (TSXV: C), president and CEO Matthew Lennox-King says. The new junior explorer is more than halfway through an 8,000-metre…
Newmont Mining
Chakana’s Soledad attracts Doug Kirwin
When a renowned geologist like Douglas Kirwin throws his weight behind a junior exploration company, the mining world usually sits up and takes notice. Kirwin, a member of the joint…
Paulson & Co. aim to stop ‘serial value destruction’
An analysis of 13 of the largest publicly listed gold companies shows that total shareholder returns have been “dreadful” since 2010 and management must be made accountable, Marcelo Kim, a…
Killing of contractors casts pall over Continental’s Buritica
Over the last year, Continental Gold (TSX: CNL; US-OTC: CGOOF) has met a lot of goals in Colombia. It received the final environmental permit for its Buritica gold project last…
Gold juniors reap investment windfall from majors
Direct investment in TSX-listed shares of junior gold companies is the highest it’s been in the last 10 years, CIBC World Markets says in a report. The bank’s research analysts…
Goldstrike, Newmont tackle Plateau’s prolific gold showings
VANCOUVER — Goldstrike Resources (TSXV: GSR) is in for a busy year at its flagship Plateau gold property, 200 km east of Dawson City, central Yukon. The junior explorer and its…
Pilot expects Goldstrike resource by mid-year
In the last five months Pilot Gold (TSX: PLG) has found five gold zones at its Goldstrike project in southwestern Utah near the state’s border with Nevada. Goldstrike — a…
Eloro secures foothold in popular Peruvian gold belt
The North Central Mineral Belt of Peru is well-known for the gold mines that dot its landscape, from South America’s largest gold mine, Yanacocha, owned by Newmont Mining (NYSE: NEM)…
US markets move higher, Nov. 14-18
Expectations that U.S. president-elect Donald Trump would stimulate the economy through infrastructure spending lifted Wall Street. The Dow Jones Industrial Average rose 0.1%, or 20.27 points, to 18,867.93, and the…
US markets slide, Oct. 3-7
The Dow Jones Industrial Average fell 0.37% to 18,240.49 and the S&P 500 dropped 0.67% to 2,153.75. Gold fell below US$1,300 per oz., hitting a post-Brexit-vote low of US$1,255.20 per…