Gold, silver prices rebound as US-Iran war spreads
Gold and silver jumped on Wednesday as a sharp escalation in the United States war on Iran sent oil surging and investors scrambling back into havens, with buyers willing to…
Gold
Rule Symposium Video: Dundee bets Shovelnose can narrow share discount
Mining investment firm Dundee (TSX: DC.A) is taking a larger-than-usual role in a project through an $85-million (US$60 million) earn-in on Westhaven Gold’s (TSXV: WHN; US-OTC: WTHVF) Shovelnose in British…
Ali producer Lee Caplin joins NovaRed after Noem
NovaRed Mining (CSE: NRED; US-OTC: NREDF) has appointed to its advisory board Lee Evan Caplin, the executive producer of the Oscar-nominated movie Ali and an entrepreneur behind Rolling Stone owner…
Rule Symposium Video: Grosskopf sees $150 silver, $6,000 gold by 2028
Silver could more than double to $125-$150 (C$176-C$211) per oz. within two years, outpacing gold as industrial use and investment demand grow, SCP Resource Finance chairman Peter Grosskopf said. Silver…
Eldorado crushes first ore at Skouries, eyes Q3 output
Eldorado Gold (TSX: ELD; NYSE: EGO) has processed first ore through the crushing circuit at its Skouries copper-gold project in northern Greece as the company remains on track for first…
Getchell Gold sees $905M value for Fondaway Canyon
Getchell Gold (CSE: GTCH; US-OTC: GGLDF) says a revised preliminary economic assessment (PEA) for its proposed Fondaway Canyon open-pit gold mine in Nevada has boosted the project’s value by 67%…
Lundin keeps forecast despite Chile winter storm shutting Caserones
Lundin Mining (TSX: LUN) said a severe winter storm in northern Chile has temporarily shut its Caserones copper-molybdenum mine and disrupted operations at the Candelaria complex, but the company expects…
Barrick bets on BC with 9.9% Kingfisher stake
Barrick Mining (TSX: ABX; NYSE: B) is acquiring an almost 10% stake in Canadian explorer Kingfisher Metals (TSX-V: KFR) through a $20.9-million private placement, backing the junior’s exploration efforts in…
Seabridge Gold lands $100M loan despite KSM snags
Seabridge Gold (TSX: SEA; NYSE: SA) has secured a $100-million (C$137-million) credit line from an unnamed investor to advance its KSM project in British Columbia despite mounting legal uncertainty surrounding…
Lassonde’s Cadillac targets $363M IPO
Cadillac Mines, chaired by Canadian Mining Hall of Famer Pierre Lassonde, aims to raise up to $363 million (US$258 million) in an initial public offering (IPO) that counts Agnico Eagle…
Orezone restarts Quebec mine after wildfire pause
Orezone Gold (TSX: ORE) resumed operations at its Casa Berardi gold mine in Quebec on Friday evening after a three-day voluntary suspension prompted by nearby wildfire activity, while maintaining its…
London Gold offers $25M for Bolivia-focused Bocana
Privately held London Gold LLC is moving towards a $25 million (C$35 million) cash and stock deal for Americas-focused explorer Bocana Resources (TSXV: BOCA), which holds the Escala project in…