Alamos Gold seeks US$1bn from Turkey linked to stalled project
Alamos Gold (TSX: AGI; NYSE: AGI) is seeking to obtain more than US$1 billion from Turkey for what it deems as “unfair and inequitable treatment” of its Kirazli gold project,…
Canada
Equinox Gold sells Brazil mine, focuses on Canadian growth
Equinox Gold (TSX: EQX; NYSE: EQX) has sold its Pilar gold mine in Brazil for US$38 million in cash as part of a portfolio optimization strategy that includes increasing its stake…
TSX Venture down, April 12-16
The S&P/TSX Venture Composite Index fell 1.55% to finish the trading week at 944.46. Spot gold rose US$32.30 per oz., or 1.85%, to US$1,776.50 per ounce. Gold Mountain Mining climbed 48¢…
US markets mixed, April 12-16
The Dow Jones Industrial Average rose 1.18% to finish the week at 34,200.67 and the S&P 500 fell 0.77% to 3,913.10. Spot gold rose US$32.30 per oz., or 1.85%, to US$1,776.50…
TSX up, April 12-16
The S&P/TSX Composite Index rose 0.64% to 19,351.32 during the April 12-16 trading week. The S&P/TSX Global Mining Index jumped 4.81% to 111.25, and the S&P/TSX Global Base Metals Index…
Far North snapshot: Eight companies hunting for minerals in the north
In their search for future mines, many companies are turning to the Far North as existing resources are depleted. The North features favourable geology, mining-friendly policies and is much less…
Nighthawk Gold hunts for more near-surface mineralization at Indin Lake project
Nighthawk Gold (TSX: NHK; US-OTC: MIMZF) hopes to develop Canada’s next gold camp at its 100%-owned Indin Lake gold project in the Northwest Territories, about 220 km north of Yellowknife, says…
JV Article: Osisko Metals’ Pine Point on track to be a major source of clean, high-grade zinc concentrate
Osisko Metals’ (TSXV: OM; US-OTC: OMZNF) Pine Point project in the Northwest Territories has “all the ingredients you want for an outstanding base metals project,” says the company’s Chairman and…
Wesdome confirms Kiena gold resource with bulk sample
Ahead of an upcoming prefeasibility study expected this quarter on a restart of the Kiena mine complex in Quebec, Wesdome Gold Mines (TSX: WDO) has announced the results of…
Odds ‘n’ Sods: Close encounters of the polar bear kind
Field geologists — those lucky souls — contend with a lot of wildlife. We hike, bang rocks, hike some more, eat lunch, watch cute critters: all very National Geographic. But…
Yamana invests $20.6M in Ascot
After closing a $61 million bought deal on April 9 (upsized from $55 million), B.C.-focused gold-silver developer Ascot Resources (TSX: AOT) has announced a $20.6 million private placement financing by…
Scottie to acquire AUX, merge Golden Triangle properties in BC
Scottie Resources (TSXV: SCOT) has entered into a letter of intent with AUX Resources (TSXV: AUX; US-OTC: AUXRF) proposing a merger of the two companies that would consolidate the two…