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…
United States
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…
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)…
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.,…
Facts ‘n’ Figures: Global exploration spending on the rebound, study finds
The following is an edited excerpt from the World Exploration Trends report, released by S&P Global Market Intelligence. To see the full report, visit www.spglobal.com/marketintelligence. Things are looking up for…
First Cobalt to acquire US Cobalt and its Iron Creek project in Idaho
The proposed acquisition of a junior explorer with a cobalt project in Idaho will give Canada-focused First Cobalt (TSXV: FCC; US-OTC: FTSSF) a footprint in the U.S. and burnish its…
US markets dip, Feb. 19-23
Gold closed at US$1,328.20, down 1.36% over the previous week, as U.S. markets slipped. The Philadelphia Gold and Silver Index fell 3.24% to 80.53 and the Dow Jones Industrial Average…
Site visit: Northern Empire juggles options for Sterling gold
LAS VEGAS, NEVADA — Out in the Nevada desert, 160 km northwest of Las Vegas and amid military facilities where soldiers pilot drones in the Middle East, and the secrets…
Hecla seeks arbitration to end Lucky Friday strike
VANCOUVER — Hecla Mining (NYSE: HL) is turning to arbitration to resolve a labour dispute at its Lucky Friday underground silver mine in Shoshone County, North Idaho. The company has been…
US Snapshot: Six juniors with active programs
With prices for gold, silver, and other metals and minerals on the upswing, the mining and exploration scene is heating up again in the U.S., particularly in traditional mining destinations…
Coeur invests in US assets
VANCOUVER — Chicago-based Coeur Mining (NYSE: CDE) has 75% of its company-wide reserves in the U.S., and the company continues to invest on its home turf. Coeur boosted exploration spending by…
Premier plans ‘big year’ in Nevada
Having lopped off more than half of its debt last year and with over $100 million in the bank, Premier Gold Mines (TSX: PG) is primed and ready for a…