Agnico bets $60M more on stake in Lassonde-backed Cadillac in Abitibi
Agnico Eagle Mines (TSX: AEM; NYSE: AEM) is paying $60 million (US$43 million) for an additional stake in soon-to-be-listed Cadillac Mines (TSX: CADY) as Canada’s…
Gold
US debt could drive gold to $6,000, analyst says
Gold could climb to $6,000 (C$8,450) per oz. as swelling U.S. debt and central-bank buying extend the metal’s bull market, Toronto-based brokerage Maison Placements President…
Rule Symposium Video: Hemlo targets 20-year mine life
Hemlo Mining (TSX: HMMC; US-OTC: HMMCF) plans to keep its namesake northwestern Ontario gold mine running for about 20 more years by raising output and…
Rule Symposium Video: Cariboo deep hits point to larger mine, says Roosen
Osisko Gold Group (TSXV, NYSE: ODV) has traced gold mineralization below 700 metres at its Cariboo project in British Columbia, more than twice the deposit’s…
McFarlane Lake drills long gold intercepts as MRE nears
New drilling by McFarlane Lake Mining (CSE: MLM; US-OTC: MLMLF) at its main Juby gold project in northeastern Ontario has continued to expand the scale…
Equinox-Orla get OK to create No. 2 Canada gold miner
Equinox Gold (TSX: EQX) (NYSE: EQX) and Orla Mining (TSX: OLA) (NYSE: ORLA) have secured shareholder approval for their $18.5 billion merger, creating Canada’s second-largest…
AbraSilver raises $45M for Diablillos in Argentina
AbraSilver Resource (TSX: ABRA; US-OTC: ABBRF) is raising $45 million (US$32 million) through a bought-deal share offering to fund early works at its Diablillos silver-gold…
Rule Symposium Video: Hodge sounds alarm on junior ‘lifestyle’ stocks
Investors should seek companies whose managers own meaningful stakes and have committed backers able to fund more than one drill program, Digest Publishing co-founder and…
Novagold creates $4.2B US gold giant with Donlin deal
Novagold Resources (NYSE-A, TSX: NG) will acquire the Donlin Gold stake in Alaska it does not already own from Paulson Advisors in an all-stock transaction…
Coeur doubles Mexico exploration budget to $158M
Coeur Mining (TSX, NYSE: CDE) plans to spend twice as much this year drilling in Mexico after reporting high-grade assays from its Palmarejo operation in…
Gladiator’s Cub assays highlight historical copper belt
Recent assays from step out drilling at Gladiator Metals’ (TSXV: GLAD; US-OTC: GDTRF) Whitehorse project in Yukon show the Cub East discovery is a developing…
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…