In a move which signals that junior gold companies are still a draw for investors, Kirkland Lake Gold (TSX: KGI; LSE: KGI) has struck a bought-deal financing that will raise $7 million to advance the company’s exploration program.
VANCOUVER — President and CEO Eira Thomas calls Kaminak Gold’s (TSXV: KAM; US-OTC: KMKGF) new preliminary economic assessment (PEA) of its Coffee gold project in the Yukon one more step in defining a “potential new gold…
Probe Mines (TSXV: PRB; US-OTC: PROBF) has published the first high-grade underground resource estimate for its Borden gold project, located on the outskirts of Chapleau, west of Timmins, Ont.
VANCOUVER — It’s been a wild ride through commodities for explorer Lomiko Metals (TSXV: LMR; US-OTC: LMRMF) over the past five years. But president and CEO Paul Gill says the company is positioned to grow in the graphite space…
Guyana Goldfields (TSX: GUY) has secured financing to bring its Aurora gold project in Guyana into production by mid-2015. The good news came in the form of approvals by a group of lenders to provide US$185 million in debt financing to cover…
Toronto-based Lake Shore Gold (TSX: LSG; NYSE-MKT: LSG) says its strong operating results and growing cash position has helped it make a $10-million prepayment on a standby line of credit with Sprott Resource Lending Partnership, reducing the…
Capstone Mining (TSX: CS; US-OTC: CSFFF) has published a promising feasibility study for its Santo Domingo iron oxide–copper–gold project in Chile’s Region III, showing it could churn out an average 248 million lb. copper in…
Fresh on the heels of the $470 million sale of Lumina Copper (TSXV: LCC) and its Taca Taca project in Argentina to First Quantum Metals (TSX: FM; LSE: FM) earlier this month, Lumina’s founder and largest shareholder, Ross Beaty, is making…
Short positions outstanding at June 15/14 (with changes from May 31/14).
Spot pricesCourtesy of ScotiabankTuesday, June 17 2014 Precious MetalsPrice…
The 70 Quebec scientists and professionals from industry and academia who have signed this open letter are committed to using their know-how in an ethical, socially responsible and environmentally responsible manner. Exploration for and…
For years it seemed that juniors were fleeing from diamond exploration — and for good reason.
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