Rubicon begins PEA for Phoenix
After a 20,000-metre drill program last year at its Phoenix project in Red Lake, Ont., Rubicon Minerals (TSX: RMX; US-OTC: RBYCF) has increased measured and indicated resources by 110% to…
Gold
RNC buys option on Westgold’s Higginsville in Australia
RNC Minerals (TSX: RNX; US-OTC: RNKLF) has entered an A$50 million purchase option agreement with Westgold Resources (ASX: WGX; US-OTC: WTGRF) to buy the Higginsville Gold Operation in Western Australia’s…
Gold Standard Ventures hits thick intervals of oxide gold at Dark Star
Reverse circulation (RC) drilling to the north of the Dark Star deposit at Gold Standard Ventures’ (TSX: GSV; NYSE-AM: GSV) Railroad Pinion project in Nevada’s Carlin Trend has intersected thick…
BCI opposes Goldcorp’s US$12M retirement bonus for Ian Telfer
British Columbia Investment Management Corp. says it will vote against the proposed merger of Goldcorp (TSX: G; NYSE: GG) and Newmont Mining (NYSE: NEM) due to Goldcorp’s decision to award…
Amarillo Gold reinterprets Posse deposit with new resource model
Amarillo Gold (TSXV: AGC; US-OTC: AGCBF) has used a new resource model to reinterpret the Posse gold deposit and update the resource estimate for its Mara Rosa gold project in…
Corvus Gold chips away at North Bullfrog-Mother Lode
Before he founded International Tower Hill Mines (TSX: ITH; NYSE-AM: THM) in the mid-2000s and discovered the Livengood deposit in Alaska — a development project that now has an estimated…
TSX mixed, March 18-22: Barrick, INV and Seabridge
Canada’s benchmark index fell 0.31% to 16,089.22. The S&P/TSX Global Mining Index rose 1.4% to 75.07 and the S&P/TSX Global Gold Index rose 2.8% to 199. The gold price rose…
US markets down, March 18-22: Vale, Wheaton Precious Metals and Franco-Nevada
The Dow Jones Industrial Average fell 1.34% to finish the trading week at 25,502.32, and the S&P 500 Index lost 0.77% to end the week at 2,800.71. Spot gold rose…
TSX Venture rises, March 18-22: Macarthur, Luminex and Mirasol
Shares of Macarthur Minerals rose 100% to 10¢. The company signed a life-of-mine offtake agreement to sell Glencore International iron ore that could be produced from Macarthur’s Lake Giles iron…
B2Gold earmarks US$43M for global exploration
B2Gold (TSX: BTO; NYSE-AM: BTG) was created as a junior exploration company in 2007, and since then it has grown to become an intermediate gold producer, with five mines in…
Argo confirms historic grades at Woco in Ontario
Initial results from Argo Gold’s (CNSX: ARQ; US-OTC: ARBTF) 2,500-metre winter drill program at its 100%-owned Woco gold project near Ontario’s Red Lake district have confirmed high-grade results reported by…
Bluestone hits more high-grade near Cerro Blanco in Guatemala
An infill drill program designed to upgrade inferred resources at Bluestone Resources‘ (TSXV: BSR; US-OTC: BBSRF) Cerro Blanco project in Guatemala has returned intercepts of 201.4 grams gold per tonne…