U.S. Markets, March 4-8
U.S. stocks ended in positive territory during the trading week, helped by strong jobs data.
News
Guyana offers golden upside for frontier explorers
VANCOUVER — Though the last commercial-scale, gold-mining operation in the small Caribbean nation of Guyana closed its doors in 2005, the country’s intriguing geology and artisanal mining history continue to beckon Toronto-listed…
Sacre-Coeur proving its mettle
VANCOUVER — It has been nearly a decade since Gregory Sparks put together a large property package in Guyana, with the hope of discovering a gold deposit that could become an attractive acquisition target for a major gold miner.
Survival tips for juniors
In a market where majors are struggling to perform, there seems little hope that all juniors will weather the storm, making strategies to survive a popular theme at this year’s Prospectors and Developers Association of Canada (PDAC)…
Columbus bulks up Paul Isnard’s gold
Columbus Gold (CGT-V) recently updated the inferred resource estimate for its wholly owned Paul Isnard gold project in northwestern French Guiana, with ounces growing 184% to over 5 million oz. gold.
Unigold works to connect the golden dots at Neita
VANCOUVER — Drilling continues to hit near-surface gold mineralization at Unigold’s (UGD-V) Neita project in the Dominican Republic’s northwest border area.
Wesdome to put Kiena on care and maintenance
VANCOUVER — Shares of Toronto-based Wesdome Gold Mines (WDO-T) took a tumble following news that the company is suspending activities at its Kiena underground gold mine in Val-d’Or, Que. The company announced on March 8 that it…
The PDAC-saw
The first week of March was dominated by the Prospectors and Developers Association of Canada’s mega-convention in Toronto, with 30,147 investors, analysts, mining executives, geologists, government officials, students and international…
How ‘contagious’ is resource nationalism in Africa?
Resource nationalism is infectious, and as more mining jurisdictions take resource nationalist measures, others come under domestic pressure to do the same, said Peter Leon, head of Africa Mining and Energy projects at Johannesburg-based law…
Firestone eyes quick start-up in Guatemala
VANCOUVER — There’s only five years of defined resources at Torlon Hill, but a preliminary economic assessment (PEA) of the zinc-lead-silver project in Guatemala suggests that owner Firestone Ventures (FV-V) could build a mine at…
Alamos on verge of derailing Hecla bid as battle for Aurizon builds
VANCOUVER — The battle for Aurizon Mines (ARZ-T, AZK-X) is getting nasty.
Long gold hits at Condor for Ecuador Gold and Copper
VANCOUVER — A 10,000-metre drill program at the Condor copper-gold project in southeast Ecuador is returning long, mineralized intercepts for Ecuador Gold and Copper (EGX-V).