Eldorado buys Foran for $2.8B in copper push
Eldorado Gold (TSX: ELD; NYSE: EGO) has agreed to buy fellow Canadian miner Foran Mining (TSX: FOM; US-OTC: FMCXF) in a transaction that values the copper-focused developer at about $3.8…
Precious Metals
Despite gold drop JPMorgan sees $6,300 this year
JPMorgan is maintaining a bullish outlook on gold prices by setting an end-of-year price target of $6,300 an oz. amid a broader shift towards hard assets. In a note published…
Mining equities have room to run: BMO
Mining and metals stocks remain positioned for further gains in the mining equity cycle, despite a sharp selloff on Friday and new concerns about China’s copper demand, according to an…
VRIC Video: Dakota Gold pushes towards Richmond Hill PFS
Dakota Gold (NYSE-A: DC) is advancing its Richmond Hill project in South Dakota’s historical Homestake district towards a prefeasibility study within months and first production in three years, CEO Robert…
Silver, gold fall as U.S. dollar rebounds on next Fed chair
Precious metals prices plunged on Friday as a rebound in the U.S. dollar led some investors to book profits on the metals. Silver plunged 22% to trade at $90.73 an…
Paulson lifts stake in International Tower Hill with Alaska gold project
International Tower Hill Mines (TSX: ITH, NYSE-AM: THM) tapped leading shareholder and hedge fund Paulson and Co. to raise a large chunk of its financing this week for the Livengood…
Vizsla says kidnapping halts Panuco project in Mexico
Canadian mine developer Vizsla Silver (TSX, NYSE: VZLA) suspended some work on its flagship Panuco silver-gold project in Mexico’s Sinaloa State after 10 people were taken from the site. The…
American Eagle drills long 0.6% copper at NAK in BC
Canadian explorer American Eagle Gold (TSX-V: AE; US-OTC: AMEGF) says new drilling at its polymetallic NAK project in British Columbia has enlarged a discovery zone that could serve as the…
B.C. hands Skeena key Eskay Creek permit
Skeena Gold & Silver (TSX: SKE; NYSE: SKE) has picked up a provincial permit for its Eskay Creek gold-silver redevelopment in northwest British Columbia, moving one of Canada’s most closely…
Alamos books new gold in Manitoba and Quebec
Alamos Gold (TSX, NYSE: AGI) said recent drilling at its Lynn Lake project in Manitoba and Qiqavik property in northern Quebec located new mineralization at both sites, potentially boosting the…
Thor outlines million-oz Senegal gold producer
Thor Explorations (TSXV, AIM: THX) says its Douta gold project in Senegal might deliver 82,000 oz. of gold a year as part of the company’s aim to become a multi-asset…
Calls grow for Germany to repatriate U.S.-held gold
Germany is facing renewed pressure to bring home some of its gold held in the United States due to geopolitical uncertainties stemming from the shift in transatlantic relations. The European…