Premier gathers momentum on grade
Many stocks within the junior gold sector are languishing, but Premier Gold Mines (PG-T) is showing there is still life for explorers that find the grade.
Canada
Sabina raises funds for Back River’s exploration
Sabina Gold & Silver (SBB-T) is raising $20 million to keep the drills turning on its advanced-stage Back River gold project in Nunavut’s West Kitikmeot region, a move that has one analyst scratching his head.
Western gets $32M for Milestone from Chinese firms
Western Potash (WPX-T) has lined up $32 million to develop its Milestone potash deposit in Saskatchewan, giving it some breathing room to secure more funds to advance its $3.3-billion project.
Votorantim, El Nino prove up Bathurst
The Bathurst camp in New Brunswick is proving that, after all these years, it still has plenty more to give.
Colorado Resources suffers a discovery hangover at North ROK in BC
VANCOUVER — It is often difficult to maintain market momentum after a really strong discovery hole on a project. And Kelowna-based explorer Colorado Resources (CXO-V) found out just how trigger-happy investors can be when the company…
Pretium completes Brucejack feasibility
A feasibility study on the Brucejack high-grade gold project, 65 km north of Stewart, B.C., has brought Pretium Resources (PVG-T, PVG-N) one step closer to its goal of kicking off mine construction in the second half of 2014 and commercial…
Orefinders sees potential in gold-rich Kirkland Lake
VANCOUVER — When equity markets and investors get skittish, being an explorer in an established jurisdiction with minimal socio-political risk can really pay off. And with that in mind, Vancouver-based junior Orefinders Resources (ORX-V)…
Marathon cracks open gold system at Valentine Lake
Since picking up the 50% that it didn’t already own of the Valentine Lake gold project in Newfoundland, Marathon Gold (MOZ-T) has been busy proving up resources across the 260 sq. km flagship property, 57 km south of the mining town of…
Goldcorp grows in Canada
VANCOUVER — It has been a tough year for Canadian gold producers, but Vancouver-based Goldcorp (G-T, GG-N) has side-stepped the writedowns and jurisdictional concerns plaguing many of its peers. Goldcorp’s conservative approach…
Clifton keeps advancing Duparquet
Clifton Star Resources (CFO-V) is getting busy at its Duparquet gold property in northwestern Quebec, with plans to table a resource update by July, followed by a prefeasibility study in early 2014.
Editorial: Dousing the Ring of Fire
One of the surprises of the year that in some ways isn’t such a big shocker is Cliffs Natural Resources’ announcement this past week that it is suspending work at its $3.3-billion Black Thor chromite project in northern…
Commentary: Nothing to fear in Quebec’s proposed tax regime
Recently, mining operators and investors have been playing it safe in Quebec. No business wants to be in a situation where mining taxes become an intrinsic production cost that could jeopardize a project’s profitability.