Video: McEwen says rebrand aligns with broader reach
McEwen (NYSE, TSX: MUX) changed its name from McEwen Mining at the Rule Resource Investment Symposium early this month to mark a shift toward a broader resource play, the chief owner…
Precious Metals
Orla tumbles on Mexico mine halt
Orla Mining (TSX: OLA; NYSE: ORLA) stopped pit‑mining activities at its Camino Rojo oxide mine in central Mexico after heavy rains triggered a wall failure. The stock plunged. The incident took place early…
Silver Bullet’s King Tut grades fit for a pharaoh
Silver Bullet Mines (TSXV: SBMI; US-OTC: SBMCF) has bought the past-producing underground King Tut gold mine in Arizona on “very low” cash terms in a deal almost as mysterious as…
Video: Aris boosts Segovia gold ore milling by 50%
Aris Mining (TSX: ARIS; NYSE-A: ARMN) this month brought its second mill at Segovia online, lifting the Colombia operation’s throughput by half to 3,000 tonnes per day, senior vice-president Oliver Dachsel…
Onyx Gold expands drilling at Munro-Croesus
Onyx Gold (TSX-V: ONYX; US-OTC: ONXGF) said it’s more than doubling the current drill program at the Munro-Croesus gold project in Ontario after reporting high-grade results from five new holes….
Osisko lands $450M loan for Cariboo gold project
Osisko Development (TSXV, NYSE: ODV) has secured a $450-million (C$615-million) loan from Appian Capital Advisory to advance construction of the Cariboo gold project in central British Columbia. The senior secured…
New Found Gold posts high-return economics
New Found Gold (TSXV: NFG; NYSE-A: NFGC) has outlined a staged development starting with toll milling and expanding to an underground mine and processing plant, according to a preliminary economic…
Equinox promotes former Calibre executive to CEO
Equinox Gold (TSX: EQX; NYSE-A: EQX) promoted chief operating officer Darren Hall to the post of CEO to replace founding shareholder Greg Smith, who is stepping down. Hall, a 40-year…
Mali judge rejects Barrick appeal to free staff
A court in Mali has rejected Barrick Mining’s (TSX: ABX; NYSE: B) appeal to release four employees arrested in November, deepening a high-stakes standoff between the Canadian mining giant and…
Canagold soars on New Polaris feasibility in BC
Canagold Resources (TSX: CCM) surged on Monday after releasing results of a feasibility study for its New Polaris project in British Columbia, outlining a low-cost underground gold operation with total production…
Feds OK Nevada gold project, first in a decade
Waterton Mining has announced that the U.S. Bureau of Land Management approved its Spring Valley project in Nevada, the first federal approval of a gold mine project in more than…
Gold price to hit $3,600 this year and next: CIBC
Despite gold’s recent slump, CIBC Capital Markets still expects the yellow metal to reach new heights this year, with prices averaging $3,600 per oz. in the second half. Behind the…