Nighthawk hits high-grade at Treasure Island in NWT
Drilling at Nighthawk Gold’s (TSX: NHK; US-OTC: MIMZF) Treasure Island project, about 11 km to the north of its Colomac project in the Northwest Territories, has served up significant, shallow…
Gold
TSX Venture falls, Oct. 15-19
The S&P/TSX Venture Composite Index fell 4.1% to 682.16. Shares of Great Bear Resources rose 57¢ to $3.24. The company recently discovered an outcropping ultramafic rock unit with at least…
B2Gold completes expansion study for El Limon mine
In February, B2Gold Corp. (TSX: BTO; NYSE: BTG) announced an initial open-pit inferred resource for the newly discovered El Limon Central zone at its El Limon mine in Nicaragua. This…
Canada’s benchmark index posts small gain, Oct. 15-19
Despite a strong U.S. dollar, the price of gold increased for the third consecutive week, finishing at US$1,226.50 per ounce, up 0.74%, while the S&P/TSX Global Gold Index rose 1.85%…
Newmont’s Merian mine hits 1 million ounce milestone
Two years after commercial production began in October 2016, Newmont Mining’s (NYSE: NEM) Merian mine in Suriname has poured one million ounces of gold. Newmont Suriname — a subsidiary of…
Orbit Garant buys Burkina Faso drilling company
Orbit Garant Drilling (TSX: OGD), one of Canada’s largest drilling companies, took advantage of the last downturn to make a strategic move into Chile, and now hopes to repeat that…
Alio improves resource by 52% at Florida Canyon
Alio Gold (TSX: ALO; NYSE: ALO) has boosted measured and indicated resources at its operating Florida Canyon gold mine in Nevada by 52% over the previous estimate, contained in a 2016…
Amarillo improves economics of Mara Rosa in Brazil
Amarillo Gold (TSXV: AGC; US-OTC: AGCBF) recently tabled an updated prefeasibility study (PFS) for the Posse gold deposit on its 100%-owned Mara Rosa gold project in Goias state, Brazil. The…
Nordic Gold secures funding for Laiva mine in Finland
Pandion Mine Finance is giving Nordic Gold (TSX: NOR) an additional US$7 million in funding so that the junior can put its Laiva gold mine into production and pour first…
Treasury tables first new resource for Goliath since 2015
Treasury Metals (TSX: TML; US-OTC: TSRMF) has updated the resource at its 100% owned Goliath gold project near Dryden, Ontario, for the first time since 2015, boosting underground gold equivalent…
Medgold hunts for gold in Serbia with Fortuna Silver
Medgold Resources (TSXV: MED; US-OTC: MGLDF) is wrapping up a nearly 5,000-metre exploration program at its Tlamino gold-silver-lead-zinc project in southern Serbia that partner Fortuna Silver Mines (TSX: FVI; NYSE:…
Northern Vertex strikes three financial deals, raises US$13.6M for Moss
Vancouver-based Northern Vertex Mining (TSXV: NEE) (US-OTC: NHVCF) has amended the terms of a loan and lined up two new sources of financing totalling US$13.6 million to improve cash flow…