Turquoise Hill income surges in 2018
Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) reported 2018 income of US$394.3 million — a 255.4% jump over 2017’s US$110.9 million — driven by an increase in gold production and…
Gold
Reunion Gold completes resource on Nivre following Barrick deal
A drill program last year to validate historic resources at Reunion Gold’s (TSXV: RGD) Nivre deposit in French Guiana has resulted in a 43-101 resource that is similar to its…
Leagold achieves higher gold production with 2018 acquisitions
Leagold Mining (TSX: LMC; US-OTC: LMCNF) produced 302,550 oz. gold in 2018 from its four operating mines at US$974 all-in sustaining costs (AISC) for a US$83.2 million AISC margin. The…
Salazar Resources set to dust off neglected portfolio
After riding out a decade of political and market instability, Ecuador-focused junior Salazar Resources (TSXV: SRL) has emerged with funds and a new focus to explore its portfolio of early-stage…
Atlantic Gold boosts resource, exceeds 2018 production guidance
Atlantic Gold (TSXV: AGB; US-OTC: SPVEF) has added measured and indicated ounces at its Touquoy, FMS and Cochrane Hill gold projects with results from its 2018 drill campaign. The company…
CIBC upgrades Imperial Metals with Newcrest investment in Red Chris
Imperial Metals ’ (TSX: III) deal with Newcrest Mining (ASX: NCM) to sell a 70% stake in its Red Chris mine in British Columbia averts a “liquidity crunch” for the…
Newcrest to buy 70% of Red Chris for US$807M
Newcrest Mining (ASX: NCM) says there is potential to transform Imperial Metals’ (TSX: III) Red Chris copper-gold mine in northwestern British Columbia into a tier-one operation, and is spending US$806.5…
Seabridge updates resource for Iron Cap in BC
Seabridge Gold (TSX: SEA; NYSE: SA) has tabled an updated resource estimate for its Iron Cap gold-copper porphyry project in British Columbia that increases the project’s indicated resource by 460,000…
Barrick and Newmont forge ‘historic’ joint venture in Nevada
Barrick Gold (TSX: ABX; NYSE: GOLD) has abandoned its hostile takeover bid for Newmont Mining (NYSE: NEM), after the companies struck a joint-venture deal on their Nevada assets. Barrick will…
TSX Venture falls, March 4-8: Maverix Metals, Aurania, Novo
The S&P/TSX Venture Composite Index fell 1.13% to 618.08 in the first week of March, after a strong close to February. Shares of Maverix Metals rose 36¢ to $2.69. The…
Aurania Resources finds more copper at Lost Cities–Cutucu
Gold-oriented Aurania Resources (TSXV: ARU) is finding as much copper as gold in the early innings of exploration at its Lost Cities–Cutucu project in southeastern Ecuador. In January the junior…
US markets down, March 4-8: Yamana, Goldcorp, Alamos, Kinross
The Dow Jones Industrial Average fell 2.21% to finish the week at 25,450.24, and the S&P 500 Index lost 2.20% to end the week at 2,743.07. Spot gold rose US$4.80…