Commentary: Fifty years of ‘free’ gold
It is difficult to say when the ‘free’ gold market came into existence, since there always has been one. Yes, the gold price has been set and fixed by governments…
News
TSX falls while gold rises, March 19-23
Canada’s benchmark index moved lower and gold moved higher after the U.S. said it would impose US$50-billion worth of tariffs on Chinese exports, and China retaliated with import taxes on…
Greenstone takes 30% stake in gold miner Serabi
Private equity group Greenstone Resources is investing US$15 million for a 29.82% stake in Serabi Gold (TSX: SBI; LON: SRB), a junior with two operating gold mines in Brazil. The…
Group Eleven drills for zinc in Ireland
Newly public Group Eleven Resources (TSXV: ZNG) has started drilling its 60%-owned Ballinalack zinc property, 50 km west of Boliden’s (STO: BOL; US-OTC: BDNNF) Navan zinc mine in the Republic…
Pershing builds Relief Canyon
Pershing Gold (TSX: PGLC; NASDAQ: PGLC) is pursuing step-out and infill drilling at its Relief Canyon gold-silver project in Pershing County, 150 km northeast of Reno, Nev., while raising capital…
California Gold drills Queen Specimen in Mariposa
California Gold Mining (TSXV: CGM; US-OTC: CFGMF) is drilling a new target at its flagship, 100%-owned Fremont gold project in Mariposa County, Calif., as it tries to establish a second…
New Age Metals updates resource
A new resource for the River Valley palladium project brings New Age Metals (TSXV: NAM; US-OTC: PAWEF) one step closer to its goal of building a series of open pits…
Alio Gold to acquire Rye Patch in all-share deal
In an effort to diversify geopolitical risk and transform itself from a single-asset producer, Mexico-focused Alio Gold (TSX: ALO; NYSE: ALO) is buying Rye Patch Gold (TSXV: RPM; US-OTC: RPMGF)…
The Northern Miner podcast – episode 96: TSX Venture Exchange’s resurgence ft. Brady Fletcher
Join our Toronto editorial team as we survey the latest news in the junior mining scene in Canada and beyond. Editor-in-chief John Cumming looks at declining metal prices, junior gold M&A…
Hecla to acquire Klondex for US$462M
Hecla Mining (NYSE: HL) is acquiring Klondex Mines (TSX: KDX) and its Fire Creek, Midas and Hollister mines in Nevada — three of the highest-grade gold mines in the U.S.,…
PDAC 2018: NWT Minister Schumann appeals for federal infrastructure investment
The Northwest Territories’ Minister of Industry, Tourism, Investment and Infrastructure, Wally Schumann, came to the Prospectors & Developers Association of Canada (PDAC) convention in Toronto with a message for the…
Antioquia Gold seeks cash for Cisneros
Antioquia Gold (TSXV: AGD; US-OTC: AGDFX) recently published a positive National Instrument 43-101 compliant preliminary economic assessment (PEA) and a revised resource estimate for its high-grade Cisneros gold project in…