Osisko Gold to buy Orion’s royalties for $1.1B
VANCOUVER — Osisko Gold Royalties (TSX: OR; NYSE: OR) CEO Sean Roosen says his firm had been “keeping the powder dry” in anticipation of a transaction that would make it a…
Gold
TSX Venture eases down, May 29-June 2
The S&P/TSX Venture Composite Index lost 7.61 points over the report period to an 800.98-point close, as spot gold prices gained US$12.41 to US$1,278.17 per oz., and Comex copper prices…
US markets inch higher, May 29-June 2
Markets in the U.S. were closed for the Memorial Day holiday on May 29. For the rest of the week, the Dow Jones Industrial Average rose 0.60% to 21,206.29 and…
[Update] Barrick, Acacia embroiled in political turmoil in Tanzania
VANCOUVER — Barrick Gold‘s (TSX: ABX; NYSE: ABX) senior management is getting directly involved in an evolving sociopolitical situation in Tanzania that could materially impact its annual gold production. The company holds a 63.9%…
Canada’s benchmark index posts marginal advance, May 29-June 2
Canada’s real growth domestic product advanced at a 3.7% annualized rate in the first quarter, or more than triple the 1.2% rate posted in the United States. Business investment was…
Miner Moments #8: Exploration Insights’ Brent Cook talks junior markets
Matt sits down with Exploration Insights analyst Brent Cook to talk about the state of junior markets. This is an interlude from a longer conversation we’ll be airing during The…
Ivanhoe veteran Hornor ventures into gold with Aurvista
VANCOUVER — Matthew Hornor, protégé of mining mogul Robert Friedland and veteran of Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF), has taken the helm of Aurvista Gold (TSXV: AVA) as president…
Richmont studies Island Gold expansion, steps up exploration
VANCOUVER — Richmont Mines (TSX: RIC; NYSE: RIC) has completed a preliminary economic assessment (PEA) at its flagship Island Gold operation in Ontario in late May that models 115,000 oz….
The Northern Miner podcast – episode 61: Junior mining & exploration special ft. Mickey Fulp
There’s plenty to talk about on this week’s Northern Miner podcast as Matt swings by the International Metal Writers Conference in Vancouver to catch-up with some of our favourite newsletter…
Lundin Gold secures up to US$450M for Fruta del Norte
The stars are aligning for Lundin Gold (TSX: LUG) at its large, wholly owned Fruta del Norte (FDN) gold project in Ecuador. On May 30, the company announced a US$400-…
Trek extends mineralization at Aurizona
Shallow step-out holes drilled at Trek Mining’s (TSXV: TREK) wholly owned Aurizona gold project in Brazil have extended gold mineralization west of the past-producing Piaba open-pit mine. Drill results from…
Snapshot: Promising gold projects from NWT to Newfoundland
With gold prices on the upswing and Canada’s stable politics looking ever more appealing, Canada’s junior gold explorers are in the midst of a particularly active year. Here is a…