Site visit: Maple works to boost resource in Quebec
Kiran Patankar cracks a grin as he points towards the boreal forest that stretches as far as the eye can see. “When you’re up here the first thing that strikes…
gold exploration
Iamgold signs deals to triple Quebec district footprint
Canadian miner Iamgold (TSX: IMG; NYSE: IAG) announced a pair of acquisitions that would more than triple its footprint in northern Quebec’s Chibougamau region. Shares rose. Iamgold agreed to buy…
Fortuna soars on fast repay plan for Senegal gold project
Fortuna Mining (TSX: FVI; NYSE: FSM) says a preliminary economic assessment (PEA) for the Diamba Sud gold project in Senegal shows the Canadian miner could recoup its investment in less than…
West Red Lake books high-grade gold at Madsen
Underground drilling at West Red Lake Gold Mines’ (TSXV: WRLG; US-OTC: WRLGF) primary Madsen property in Northwestern Ontario yielded multiple instances of high-grade gold, the company said. Highlight hole MM25D-12-4860-004 in the…
Predictive, Robex reach $1.5B deal to create Guinea-focused gold miner
Australia’s Predictive Discovery (ASX: PDI) and Canada’s Robex Resources (CVE: RBX)(ASX: RXR) agreed to merge in an all-share deal worth A$2.35 billion ($1.55 billion) that would create a new Guinea-focused…
G Mining eyes Guyana gold project decision this month
G Mining Ventures (TSX: GMIN; US-OTC: GMINF) said Monday it will decide this month whether to proceed with the Oko West project in Guyana after securing up to $537.5 million (C$753 million)…
Torex hits record as high-grade gold booked in Mexico
New high-grade structures discovered by Torex Gold Resources (TSX: TXG) during drilling at its ELG underground mine in Mexico could help the company achieve a goal of extending the deposit’s operating…
Barrick CEO exit could spur asset sales, M&A: analysts
Leadership changes at two of North America’s biggest miners open the door to asset sales and even a potential takeover of Barrick Mining (TSX: ABX; NYSE: B), analysts say. On…
Red Pine books near-surface gold at Wawa project
Red Pine Exploration (TSXV: RPX; US-OTC: RDEXF) said new drilling at the past-producing Wawa project in Ontario showed the presence of near-surface gold near a potential open pit. The stock…
AbraSilver jumps to record on Diablillos drilling results
AbraSilver Resource (TSX: ABRA; US-OTC: ABBRF) stock closed at an all-time high Tuesday after the miner said new drilling at its flagship Diablillos project in northwestern Argentina showed the presence…
Omai Gold hits all-time TSX high on Guyana assays
Omai Gold Mines (TSXV: OMG; US-OTC: OMGGF) stock hit a new all-time high Friday after the company said new drilling at its namesake project in Guyana produced multiple high-grade intercepts….
Fortune Bay’s Goldfields project value jumps
Fortune Bay (TSXV: FOR; US-OTC: FTBYF) said an updated economic study for the company’s Goldfields project in Saskatchewan shows rising gold prices have resulted in a quadrupling of the past-producing…