US markets trend downward, Dec. 10-14
The gold price fell 0.7% to close the trading week at US$1,238.10. The Philadelphia Gold and Silver Index fell 0.5% to 67.59 and the Dow Jones Industrial Average fell 1.18%…
Gold
Mawson tables maiden resource for Rajapalot gold-cobalt project
Mawson Resources (TSX: MAW; US-OTC: MWSNF) has tabled a maiden resource for its Rajapalot gold-cobalt project in Finland that it says has plenty of room for expansion. The project contains…
Kirkland Lake finds visible gold at Fosterville in Australia
Kirkland Lake Gold (TSX: KL; NYSE; KL) has drilled high grade and visible gold mineralization on the down plunge extensions of the Swan zone at its Fosterville gold mine in…
Barrick ends joint venture with ATAC Resources
Shares of ATAC Resources (TSXV: ATC) plunged 25% on news that Barrick Gold (TSX: ABX; NYSE: ABX) is terminating its earn-in joint venture on the junior’s Orion project, part of…
Casa Minerals discovers new zone at Pitman gold project
Casa Minerals (TSXV: CASA) has discovered a new zone at its Pitman gold project near Terrace, B.C., 1 km south of the Golden Dragon gold discovery it made earlier this…
Aton drills ‘lost mountain of gold’ in Egypt
Aton Resources (TSXV: AAN; US-OTC: ANLBF) has drilled 4,125 metres across 50 reverse-circulation holes in a first round of drilling on the South Ridge at its Rodruin gold project, part…
Kirkland Lake Gold outlook sees steady production growth
Kirkland Lake Gold (TSX: KL; NYSE: KL) expects production growth of 10%-15% annually over the next three years with consolidated output of 740,000-800,000 ounces of gold in 2019, 850,000-910,000 ounces…
Amarc to drill Joy copper-gold project in BC
Amarc Resources (TSXV: AHR; US-OTC: AXREF) has identified five clusters of drill ready targets that cover areas ranging from 1.5 sq. km to more than 5 sq. km during 2018…
Sandy Lake’s Pat Sheridan back in Guyana
Less than two weeks after being appointed executive chairman and CEO of Sandy Lake Gold (TSXV: SLAU), Patrick Sheridan has steered the Red Lake-focused junior towards several acquisitions in Guyana….
Alacer tables resource for Ardich in Turkey
Alacer Gold (TSX: ASR; US-OTC: ALIAF) has tabled a maiden resource for its Ardich gold deposit, located 6 km northeast of its 80%-owned Copler gold mine in east-central Turkey. The…
Newcrest options Cornerstone’s Miocene
Over the last 15 years, Australian gold major Newcrest Mining (ASX: NCM) has found gold deposits in Australia, Papua New Guinea and Indonesia, and continues to explore and evaluate prospects…
Steppe Gold nears production at ATO
Since Steppe Gold (TSX: STGO) bought Altan Tsagaan Ovoo (ATO) from Centerra Gold (TSX: CG) for $19.8 million in January 2017, the junior has made steady progress de-risking and building…