TSX posts solid gains, Sept. 17-21
Canada’s benchmark index rose 1.31% to 16,224.13 during an improved trading week. The S&P/TSX Global Mining Index rose 5.4% to 66.73 and the S&P/TSX Global Gold Index rose 2.7% to…
South America
Barrick and Randgold to merge in US$18B deal
Barrick Gold (TSX: ABX; NYSE: ABX) and Randgold Resources (LON: RRS; NASDAQ: GOLD) have agreed to a share-for-share merger to create the New Barrick Group in a deal valued at…
Three Continental Gold geologists killed in Colombia
Three exploration geologists working on Continental Gold’s (TSX: CNL; US-OTC: CGOOF) Berlin project in Colombia were killed during an attack on their residence in the middle of the night. The…
Palamina expands gold footprint at Veta
Palamina (TSXV: PA; US-OTC: PLMNF) is continuing to expand the Veta gold zone at its Coasa gold project in south eastern Peru. The company discovered high-grade gold at surface at…
TSX falls, Sept. 3-7
Canada’s benchmark index fell 1.06% to 16,090.27 during a shortened trading week. The S&P/TSX Global Mining Index fell 4.3% to 62.70 and the S&P/TSX Global Gold Index fell 2.9% to…
CIBC initiates coverage of Equinox Gold
CIBC has launched coverage of junior developer Equinox Gold (TSXV: EQX) with an outperform rating and a 12-18 month target price of $1.30 per share. The stock is currently trading…
BHP buys SolGold stake for US$35M
BHP Billiton (NYSE: BHP; LON: BLT) is acquiring a 6.1% stake in SolGold (TSX: SOLG; LON: SOLG), which is developing its Cascabel porphyry copper-gold project in Ecuador. BHP is buying…
Continental Gold employee killed in Colombia
Two mining engineers employed by Continental Gold (TSX: CNL; US-OTC: CGOOF) in Colombia were attacked by armed men in the town of Buritica, near the company’s gold project. One of…
Panoro to drill new zone after expanding permit at Cotabambas
Now that Peru has approved Panoro Minerals’ (TSXV: PML; US-OTC: POROF) request for an expanded environmental impact assessment at its Cotabambas copper project in southern Peru’s Apurimac region, the company…
Tahoe troubles continue with solution discharge at La Arena
Tahoe Resources (TSX: THO; NYSE: TAHO) says it has contained a discharge of pregnant solution that may have flowed into a nearby creek at its La Arena mine in Peru….
Blue Sky prepping for PEA at Ivana in Argentina
A few months after tabling a maiden resource for its Ivana urnaium deposit on its Amarillo Grande uranium project in Argentina’s Rio Negro province, Blue Sky Uranium (TSXV: BSK; US-OTC:…
Jaguar Mining CEO resigns, company cuts guidance for 2018
Shares of Jaguar Mining (TSX: JAG) lost a third of their value in mid-August after the abrupt resignation of the company’s CEO Rodney Lamond, along with news the junior gold…