Mountain Province improves resource at Faraday 2
In early April 2019, Mountain Province Diamonds (TSX: MPVD; NASDAQ; MPVD) updated the resource estimate for its Faraday 2 kimberlite — one of several kimberlites at its Kennady North diamond…
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TSX mixed, April 15-19: Euro Copper, Taseko, Largo
Canada’s benchmark index rose 0.8% to 16,612.81. The S&P/TSX Global Mining Index fell 2.5% to 76.22 and the S&P/TSX Global Gold Index fell 3.5% to 186.63. The spot gold price…
TSX Venture slips, April 15-19: Millennial Lithium, Novo, Superior Gold
The S&P/TSX Venture Composite Index fell 1.5% to 609.21, continuing its steady April decline. Shares of Millennial Lithium rose 18¢ to $1.75, after the company doubled the resource at its…
White Gold expands footprint in the Yukon
With four discoveries in the Yukon last year, a property purchase this year, and financial and technical backing from partners Agnico Eagle Mines (TSX: AEM; NYSE: AEM) and Kinross Gold…
Facts and Figures: Global silver demand rises 4% in 2018, says Silver Institute
The following is a release by the Silver Institute relating to the publication of the 29th edition of its World Silver Survey, which was independently researched and compiled by the…
Agnico Eagle forecasts record production in 2019
Agnico Eagle Mines (TSX: AEM; NYSE: AEM) forecasts record production this year, with the start of two gold mines at Meliadine and Amaruq in Canada’s Arctic. With the output from…
Great Bear expands drill program at Dixie in Red Lake
In April 2019, Great Bear Resources (TSXV: GBR; US-OTC: GTBDF) doubled the 30,000-metre drill program at its Dixie gold project in Ontario’s Red Lake district. At the time the company…
Lundin Mining to buy Yamana’s Chapada mine in Brazil
Lundin Mining’s (TSX: LUN; NASDAQ: LUMI) proposed acquisition of Yamana Gold’s (TSX: YRI; NYSE: AUY) Chapada copper-gold mine in Brazil for US$800 million in cash will boost its copper production…
American Pacific signs JV with OceanaGold
In its fourth joint-venture deal in Nevada over the last six months, OceanaGold (TSX: OGC; ASX: OGC) will invest US$4 million for the next four years to earn a 51%…
Newrange pushes ahead at Pamlico in Nevada
The U.S. Bureau of Land Management has approved Newrange Gold’s (TSXV: NRG; US-OTC: NRGOF) proposal to transfer the company permits for the Merritt decline, part of its 16.7 sq. km Pamlico…
Thor secures US$78M for Segilola in Nigeria
Thor Explorations (TSXV: THX) estimated in a definitive feasibility study two months ago that pre-production capital expense to build an open-pit mine at its Segilola gold project in Nigeria would…
MAS Gold revisits historic Saskatchewan projects
MAS Gold (TSXV: MAS) has completed a 3,500-metre drill program in Saskatchewan, targeting the Point gold prospect on its Preview Lake property and the North Lake gold prospect on its…