TomaGold keeps good company in Quebec and Ontario
For a junior gold explorer trading at 9¢ a share, TomaGold’s (TSXV: LOT) list of joint-venture partners on projects in central Canada could come as a surprise. The company has three…
Volume 103 Number 11 May 29 – June 11, 2017
Eldorado eyes the Abitibi with $590M Integra deal
VANCOUVER — Eldorado Gold (TSX: ELD; NYSE: EGO) is set to establish a Canadian foothold with a cash-and-share bid for Integra Gold (TSXV: ICG; US-OTC: ICGQF) and its historic Lamaque gold…
Obituary: Jean Descarreaux, a Quebec mining icon
The Quebec mineral exploration community marks the passing of Jean Descarreaux, who has been a monumental inspiration and mentor for generations of geologists and mineral exploration entrepreneurs in Quebec. He…
Newmont takes 19.9% stake in Continental Gold
In what will be Newmont Mining’s (NYSE: NEM) first investment in Colombia, the gold and copper producer is plunking down US$109 million for a 19.9% stake in Continental Gold (TSX:…
GT Gold to drill Tatogga in BC’s Golden Triangle
VANCOUVER — A new era of exploration in northwestern British Columbia’s historic Golden Triangle region hasn’t yet resulted in much greenfield discovery, but Vancouver-based GT Gold (TSXV: GTT; US-OTC: GTGDF)…
Asanko turns to profit in Q1, eyes production growth
Ghana-focused miner Asanko Gold (TSX: AKG; NYSE-MKT: AKG) has swung back into the black with 2017 first-quarter earnings of US$7.8 million, or US4¢ per share, beating average analysts’ expectations of…
NxGold hunts for gold near Meliadine
VANCOUVER — NxGold (TSXV: NXN), a company founded by management of uranium explorer NexGen Energy (TSX: NXE; US-OTC: NXGEF), is preparing to explore for structurally hosted gold mineralization at its Kuulu project,…
South32 takes 15% stake in Arizona Mining
South32 (LON: S32) is acquiring a 15% stake in Arizona Mining (TSX: AZ) at a 30% premium to the junior’s share price in a move analysts say is a ringing…