B2Gold to sell Burkina Faso project to West African Resources
B2Gold (TSX: BTO; NYSE-AM: BTG) is selling its 81% stake in the Kiaka gold project in Burkina Faso to Australia’s West African Resources (ASX: WAF) for cash and shares. Kiaka…
Gold
Pretium Resources makes new discovery at Brucejack
Pretium Resources (TSX: PVG; NYSE: PVG) has made a new high-grade gold discovery at the Golden Marmot zone on its Brucejack property in British Columbia, Canada, located roughly 3.5 km north of its Valley of the Kings deposit. The company received assays for…
Marathon Gold a strong acquisition candidate, CIBC says
Research analysts at CIBC see Marathon Gold (TSX: MOZ) as a “top take-out target” due to its advanced stage Valentine gold project in central Newfoundland, and believe construction on the…
Wallbridge hits gold on first drill hole at Casault in Quebec
The first reported hole of thirteen drilled this summer into exploration targets on the Casault property in northwestern Quebec returned 2 metres grading 6.85 grams gold per tonne starting from…
UPDATED: Monarch Mining expands gold mineralization at its McKenzie Break property
Monarch Mining (TSX: GBAR; US-OTC: GBARF) has discovered shallow gold mineralization 1 km south of its McKenzie Break deposit in Quebec, about 35 km north of Val-d’Or. The new discovery…
Barrick Gold says mining at Pueblo Viejo would end without TSF
Barrick Gold (TSX: ABX; NYSE: GOLD), the world’s second-largest producer of the precious metal, warns that mining at its Pueblo Viejo operation in the Dominican Republic could finish this year if a new tailings storage facility…
Maritime Resources drills 160 grams gold at Hammerdown in Newfoundland
Maritime Resources (TSXV: MAE) is drilling bonanza grades at its Hammerdown gold project in the Baie Verte region of Newfoundland. The project covers both the Hammerdown and Orion gold deposits….
Upward trend in global exploration budget to continue in 2022 – report
The aggregate annual global exploration budget is expected to increase between 5% and 15% year over year for 2022, a new report by S&P Global Market Intelligence states. The market…
TSX moves higher, Oct. 11-15
The S&P/TSX Composite Index rose 511.8 points or 2.51% to 20,928.10 during the Oct. 11 to Oct. 15 trading week. The S&P/TSX Global Mining Index increased 5.73 points or 6.02%…
TSX Venture rises, Oct. 11-15
The S&P/TSX Venture Composite Index rose 60.19 points or 6.86% to 939.67 during the Oct. 11-15 trading week. Spot gold closed the week at US$1,767.40 per oz., up US$10.30 per…
Hochschild exercises earn-in option on Skeena’s Snip gold project
Hochschild Mining (LSE: HOC) has informed Skeena Resources (TSX:SKE) of its intention to take over operatorship of the Snip gold project and begin spending to earn 60% of Skeena’s interest,…
Green Energy Metals Snapshot: Eight companies with large ambitions
Canada is rich with resources needed to fuel the electrification of modern society, and Canadian companies are rich with ideas for finding lithium, nickel, copper, cobalt, and PGMs wherever they…