Aurelius reports near-surface gold in Nova Scotia
Aurelius Minerals (TSXV: AUL) has released assay results for three holes completed within the Aureus West portion of its wholly owned 16.8-sq.-km Aureus gold project in Nova Scotia, 150 km…
Gold
GFG Resources to drill high-grade gold targets at Pen
GFG Resources (TSXV: GFG; US-OTC: GFGSF) has begun this year’s second-phase, 8,500-metre drill program at the 475-sq.-km Pen project, 40 km west of the Timmins gold district in Ontario. The…
PNG grants Porgera lease to state-backed miner: report
Canada’s Barrick Gold (TSX: ABX; NYSE: GOLD) said it would challenge the Papua New Guinea (PNG) government’s reported move to grant a 20-year lease for the Porgera gold mine to a…
Coronavirus outbreak mutes outlook at OceanaGold’s Haile mine in South Carolina
OceanaGold (TSX, ASX: OGC) said that the outlook at its Haile gold mine in South Carolina is “uncertain” after 18 staff members tested positive for Covid-19 since June. According to…
SilverCrest acquires past-producing El Picacho silver-gold property
SilverCrest Metals (TSX: SIL) has acquired a 100% interest in the 71-sq.-km El Picacho property, located 40 km northeast of its flagship Las Chispas silver-gold development project in the state of Sonora,…
Skeena Resources launches aggressive drill program at Eskay Creek
Skeena Resources (TSX: SKE; US-OTC: SKREF) plans to drill a combined 89,000 metres of exploration and infill drilling before the end of the year at its Eskay Creek gold-silver project…
South Africa ministry approves AngloGold asset sale, blocks delisting
South Africa’s mines ministry has approved the sale of AngloGold Ashanti’s (NYSE: AU; JSE: ANG) last remaining assets in the country to Harmony Gold (NYSE: HMY), on condition that it…
Artemis Gold study outlines 23-year open pit mine at Blackwater in BC
Days after closing the acquisition of the Blackwater gold project in central British Columbia from producer New Gold (TSX: NGD; NYSE-AM: NGD), Artemis Gold (TSXV: ARTG) has released the results…
Golden Minerals drills high-grade gold at Rodeo in Mexico
Golden Minerals (TSX: AUMN; NYSE: AUMN) has released a second set of assays results from its Rodeo gold-silver project, 80 km west of its Velardena project in Mexico’s Durango state….
Gold price wobbles on renewed vaccine hopes
The rally in gold, which surged to a record high nearly two weeks ago, is beginning to lose steam with hopes for a coronavirus treatment and signs of improving economies…
Nomad Royalty grows portfolio with US$45.8M Coral Gold acquisition
Nomad Royalty (TSX: NSR; US:OTC: NSRXF) has entered into a definitive arrangement agreement to acquire Coral Gold (TSXV: CLH; US-OTC: CLHRF) in a cash and share deal valued at US$45.8…
US markets mixed, Aug. 17-21
The Dow Jones Industrial Average fell 0.003% to finish the week at 27,930.33 and the S&P 500 rose 0.72% to 3,397.16. Spot gold climbed US$2.40 per oz., or 0.12%, to…