Firesteel to buy, restart Laiva gold mine
Firesteel Resources (TSXV: FTR) intends to purchase and reactivate the past-producing Laiva gold mine located in central Finland, near the Gulf of Bothnia, in early December and begin producing gold…
Gold
Novo shares tumble on sampling woes at Purdy’s Reward
VANCOUVER — Novo Resources (TSXV: NVO; US-OTC: NSRPF) is “uncomfortable” with the experimental, bulk-sampling technique it has been using for grade estimation at the company’s Purdy’s Reward paleoplacer joint-venture gold project…
Southwest US Snapshot: Six juniors on the hunt for gold, silver, copper and lithium riches
Higher prices for most mined commodities has translated into renewed activity in the junior mining sector in the southwestern U.S. states. Here’s a quick look at six such companies. CALIFORNIA…
The Northern Miner podcast – episode 81: Lessons learned ft. Rio Tinto & Iamgold
This week’s show is packed with exclusive content recorded at The Northern Miner’s Progressive Mine Forum in Toronto. First up, we listen in on Iamgold (TSX: IMG; NYSE: IAG) president and…
US markets slip slightly, Nov. 13-17
Gold closed Friday at US$1,293.40 per oz., up US$18.50 per ounce. The Philadelphia Gold and Silver Index rose 0.35% to 80.88 while the Dow Jones Industrial Average slipped 0.27% to…
Argonaut pushes forward in Mexico and Ontario
Argonaut Gold (TSX: AR) has had a strong November, expanding its Mexican portfolio by acquiring the Cerro del Gallo (CDG) project from Primero Mining (TSX: P), and tabling a positive…
Copper Mountain bids US$70M for Altona Mining
VANCOUVER — Copper Mountain Mining (TSX: CMMC; US-OTC: CPPMF) has tabled a US$70-million, all-share bid for Australia-based Altona Mining (ASX: AOH) and its district-scale Cloncurry copper-gold property, 95 km northeast of…
TSX posts marginal decline, Nov. 13-17
The S&P/TSX Composite Index fell 0.25% to finish the trading week at 15,998.57, while the gold price climbed US$18.50 per oz., or 1.45%, to US$1,293.40 per ounce. Shares of Endeavour…
TSX Venture rises, Nov. 13-17
The S&P/TSX Venture Composite Index gained 2.87 points to a 799.35-point close, as spot gold prices gained US$17.35 to US$1,292.42 per oz., and Comex copper prices edged up US1¢ to…
Contact Gold explores upside at Pony Creek
VANCOUVER — Expect to hear a lot more about Contact Gold (TSXV: C), president and CEO Matthew Lennox-King says. The new junior explorer is more than halfway through an 8,000-metre…
Gold Standard Ventures finds new zone at North Bullion in Nevada
Gold Standard Ventures (TSX: GSV; NYSE-AM: GSV) is spending US$15.5 million this year on a 48,800-metre program of core and reverse-circulation drill holes at its Railroad-Pinion gold project in Nevada’s…
Columbus Gold plans spin-out of US projects
VANCOUVER — Columbus Gold (TSX: CGT; US-OTC: CBGDF) hopes to unlock unrecognized value within its extensive portfolio of U.S. precious metal prospects. The company recently announced dates for the pending…