Rye Patch Gold to restart Florida Canyon in early 2017
Four months after buying the fully permitted Florida Canyon gold mine in Nevada for US$15 million in cash and 20 million shares, Rye Patch Gold (TSXV: RPM; US-OTC: RPMGF) is…
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Rio Tinto faces scrutiny of African projects
Rio Tinto (NYSE: RIO) faces a new probe by U.S. regulators, according to the Financial Times. The London-based newspaper, quoting “sources close to the company,” reported that the U.S. Securities…
TSX Venture loses ground, Nov. 21-25
The S&P/TSX Venture Composite Index lost 1.6%, or 12.09 points, en route to a 734.58-point weekly close. December contracts for gold bullion dropped US$27.75 before closing near a nine-month low…
TSX moves higher, Nov. 21-25
Vows of greater spending on infrastructure in both Canada and the U.S. lifted Canada’s S&P/TSX Composite Index 1.4% to 15,075.44, and drove up the S&P/TSX Global Mining Index 4.2% to…
Wall Street rises, Nov. 21–25
U.S. equities ended holiday-shortened trading in positive territory. The S&P 500 Index rose 1.4% to 2,213.35, while the Dow Jones Industrial Average advanced 1.5% to 19,152.14. The Nasdaq Composite Index…
Wesdome’s biggest-ever exploration campaign pays off
Wesdome Gold Mines (TSX: WDO) is spending more money on exploration this year than at any other time in its 29-year history. “This has been an aggressive exploration program for…
Advantage Lithium to acquire up to 75% of Orocobre’s Cauchari
Lithium producer Orocobre (TSX: ORL) plans to partner with junior Advantage Lithium (TSXV: AAL) on its Cauchari lithium project in northwestern Argentina’s Jujuy province. Cauchari is 15 km south of…
Stornoway CEO ‘happy’ with Renard’s first diamond sale
Stornoway Diamond’s (TSX: SWY) CEO Matt Manson says he’s “perfectly satisfied” with the results of the company’s first-ever diamond sale from its new Renard mine in northern Quebec, despite selling…
Site visit: Alexco hopes Bermingham will drive Keno Hill revival
KENO CITY, YUKON — Rolling into Alexco Resource’s (TSX: AXR; NYSE-MKT: AXU) Keno Hill silver camp outside of the long-standing — though now sparsely populated — mining hamlet of Keno…
Facts ‘n’ Figures: Silver market to record fourth straight deficit in 2016
The following are highlights from The Silver Institute’s 2016 Interim Silver Market Review. For more information, please visit www.silverinstitute.org. The silver market is expected to be in an annual physical…
Randgold, Newcrest to team up in Côte d’Ivoire
Randgold Resources (NASDAQ: GOLD) and Newcrest Mining, two of the world’s leading gold mining companies, have signed a heads of agreement to negotiate a formal joint venture to explore areas…
Aura Minerals sketches positive economics at EPP
Aura Minerals (TSX: ORA) has tabled a positive feasibility study on its recently acquired Ernesto/Pau-a-Pique (EPP) gold project in Brazil’s western Mato Grosso state, not too far from its producing…