Banyan Gold finds grade continuity at Airstrip zone in Yukon
Banyan Gold (TSXV: BYN) has released assays for nine holes completed at the Airstrip zone within its AurMac property, 56 km northeast of Mayo, Yukon. The drilling has extended the…
Canada
Falcon Gold finds visible gold at Central Canada project
Falcon Gold (TSX-V: FG) has reported positive drill results from a second hole at its flagship Central Canada gold project, located 22 km east of Atikokan and 160 km west of…
Shandong Gold calls on Canadian gov’t to approve TMAC purchase
Shandong Gold Mining, one of China’s top bullion miners, said its acquisition of a Canadian junior that owns the massive Hope Bay property in Nunavut should be approved for economic…
Endeavour Mining eyes dual listing after Semafo acquisition
Endeavour Mining (TSX: EDV), a Toronto-listed gold mining company with assets in West Africa, is assessing whether to dual list on either the London or New York exchanges as it looks…
Iamgold reports positive drill results at Monster Lake, Nelligan
Iamgold (TSX: IMG; NYSE: IAG) has reported the results of six drill holes completed at its 75%-owned Monster Lake joint venture project, 50 km southwest of Chibougamau, Quebec. The holes…
Hudbay posts US$51.9M loss on Constancia suspension
Canadian miner Hudbay Minerals (TSX: HBM, NYSE: HBM) posted a US$51.9 million loss in the second quarter, as an eight-week suspension of its Constancia copper mine in Peru weighed on results….
Wesdome meets production guidance in Q2
Wesdome Gold Mines’ (TSX: WDO) Eagle River complex in Ontario churned out 25,142 oz. gold in the second quarter at all-in sustaining costs (AISCs) of US$879 per ounce. According to…
Lucara Diamond ends second quarter with $14M loss
Lucara Diamond (TSX: LUC) saw revenues fall 82% in the three months to June 30 from the same period last year after it decided to hold back the sale of…
US to reimpose 10% tariff on Canadian aluminium
The U.S. government will reimpose a 10% tariff on some aluminium imports from Canada as of Aug. 16, U.S. President Donald Trump announced during a campaign event at a Whirlpool…
Osisko hits more high grades at Windfall
Osisko Mining (TSX: OSK) has released high-grade drill results from the Lynx and Triple Lynx zones at its Windfall gold project, 700 km northwest of Montreal. Drill highlights from the…
TSX moves higher, Aug. 3-7
The S&P/TSX Composite Index rose 2.32% to 16,544.48 during the Aug. 3-7 trading week. The S&P/TSX Global Mining Index climbed 1.41% to 102.65, and the S&P/TSX Global Base Metals Index…
US markets rise, Aug. 3-7
The Dow Jones Industrial Average rose 3.80% to finish the week at 27,433.48 and the S&P 500 increased 2.45% to 3,351.28. Spot gold jumped US$58.70 per oz., or 2.97%, to…