TNM Drill Down: Mayfair near Timmins tops gold assays for June 19-23
Our TNM Drill Down features highlights of the top gold assays of the past week. Drill holes are ranked by gold grade x width, as identified by our data provider…
OceanaGold Corp.
Updated: OceanaGold to restart Didipio mine after new deal with the Philippines
The Philippines has renewed the contract for OceanaGold‘s (TSX: OGC; ASX: OGC) Didipio gold and copper mine for another 25 years, after almost two years of the operation being halted…
More consolidation expected as Atlantic Canada’s gold rush gathers steam
Atlantic Canada-focused gold juniors are driving an exploration boom in provinces not previously noted for their gold production. The increasing sentiment has one analyst calling for caution as the market…
OceanaGold lays off 496 employees, 400 contractors at Didipio in the Philippines
OceanaGold (TSX: OGC) has implemented the permanent lay-off of 496 employees at its Didipio gold and copper mine, located across the Nueva Vizcaya and Quirino provinces on the island of…
American Pacific signs JV with OceanaGold
In its fourth joint-venture deal in Nevada over the last six months, OceanaGold (TSX: OGC; ASX: OGC) will invest US$4 million for the next four years to earn a 51%…
Bluestone’s Cerro Blanco takes shape in Guatemala
When John Robins, founder and chairman of Kaminak Gold, sold the junior to Goldcorp (TSX: GG; NYSE: GG) for $560 million in 2016, the exploration geologist and entrepreneur let it…
Canada’s benchmark index posts slight increase, Feb. 19-23
The S&P/TSX Composite Index rose 1.20% to 15,638.45. The S&P/TSX Global Mining Index fell 0.56% to 72.96. A rising U.S. dollar put pressure on the gold price, which dropped US$18.30…