Newcore shares surge on updated Enchi PEA
The Toronto-quoted shares of Canadian project developer Newcore Gold (TSXV: NCAU, US-OTC: NCAUF) surged nearly 15% this morning following an updated preliminary economic assessment (PEA)…
Gold
Nighthawk Gold extends Grizzly Bear at Indin Lake
Drilling at Nighthawk Gold‘s (TSXV: NHK) 930-sq.-km Indin Lake gold project, 200 km north of Yellowknife, has extended mineralization at the Grizzly Bear deposit ahead…
Near-term catalysts in the works for Newcore Gold as Enchi’s district-scale potential beckons
Recent drill results from Newcore Gold’s (TSXV: NCAU; OTCQX: NCAUF) Enchi project in Ghana underlines the company’s district-scale exploration opportunity in Africa’s top gold producing…
Monarch plans 2022 restart for Beaufor gold mine
Monarch Mining (TSXV: GBAR; US-OTC: GBARF) plans to reopen its Beaufor mine and Beacon mill, 20 km east of Val-d’Or, Quebec, by next June. Currently…
Kinross and S2 team up to find Finnish gold
Kinross Gold (TSX: K; NYSE: KGC) has signed a US$9.5 million farm-in agreement with a Finnish subsidiary of Australia-based S2 Resources (ASX: S2R) to look…
Nordgold seeks listing in Moscow and London
Russian gold producer Nordgold is planning an initial public offering (IPO) of at least 25% of its existing shares in London, with a secondary listing…
Foran weighs drill program expansion for McIlvenna Bay on results, $100M investment
Foran Mining (TSXV: FOM) is considering expanding the 30,000 metre drill program under way at its McIlvenna Bay project in Saskatchewan after receiving encouraging results…
Mineração Vale Verde completes Serrote copper-gold mine build
Privately held Mineração Vale Verde (MVV) and funding partner Appian Capital Advisory have completed construction of the Serrote copper-gold project in Alagoas, Brazil, ahead of…
Dundee announces acquisition of INV Metals
Dundee Precious Metals (TSX: DPM) will add its first project in the Americas to its portfolio by acquiring all the shares it doesn’t already own…
Goldsource seeks to chart scalable development of Eagle Mountain
Goldsource Mines (TSXV: GXS) is rapidly advancing the Eagle Mountain project in Guyana, the country’s second-largest undeveloped gold deposit, CEO Steve Parsons tells The Northern…
Bolsonaro vows to keep mining out of Yanomami reservation
President Jair Bolsonaro of Brazil promised the Yanomami indigenous people that he would respect their wishes to keep mining out of their reservation in the…
TSX Venture slightly up, May 24-28
The S&P/TSX Venture Composite Index rose 0.95% to finish the trading week at 966.28. Spot gold increased by US$22.80 per oz., or 1.21%, to US$1,903.50 per ounce….