Goldcorp to pay $7.3M for stake in Colorado Resources
VANCOUVER — Goldcorp (TSX: G; NYSE: GG) is finding a foothold in northwestern B.C.’s historic Golden Triangle region with a plan to inject $7.3 million into Colorado Resources (TSXV: CXO)…
Gold
Probe Metals identifies shallow discoveries
Probe Metals (TSXV: PRB; US-OTC: PROBF) has found shallow gold mineralization at its Val-d’Or East project in northern Quebec. The junior explorer reported to the market in August that expansion…
TMAC tackles gold recovery issues at Hope Bay
VANCOUVER — TMAC Resources (TSX: TMR; US-OTC: TMMFF) has slashed annual production estimates and suspended cost guidance at its wholly owned Hope Bay gold project in Nunavut due to “processing issues”…
Nevsun halves Bisha mine life, revises Timok study plans
Newly appointed CEO Peter Kukielski hasn’t wasted time putting his imprint on Nevsun Resources (TSX: NSU; NYSE-MKT: NSU). The Stanford University-educated civil engineer, who joined the company in May, is…
Site visit: Agnico declares commercial production at Goldex’s Deep 1 project
VAL-D’OR, QUEBEC — With the declaration of first commercial production from the Deep 1 project, Agnico Eagle Mines (TSX: AEM: NYSE: AEM) has entered a new era in the life of…
Editorial: Terrorist attacks plague Burkina Faso
This week has been a particularly bloody one for sub-Saharan, West Africa mining nations, with major terrorist attacks on targets a day apart in Burkina Faso and Mali. In Burkina…
Asanko Gold revises guidance, shares tumble
Ten days after Asanko Gold (TSX: AKG; NYSE-MKT: AKG) said it was keeping its 2017 production guidance for its gold mine in Ghana at 230,000 to 240,000 oz. gold, the…
Killing of contractors casts pall over Continental’s Buritica
Over the last year, Continental Gold (TSX: CNL; US-OTC: CGOOF) has met a lot of goals in Colombia. It received the final environmental permit for its Buritica gold project last…
SolGold expands Alpala
VANCOUVER — SolGold (TSX: SOLG; USOTC: SLGGF; LON:SOLG) is building momentum at its 85%-owned Cascabel copper-gold project, 180 km north of Ecuador’s capital Quito. The company expects to ramp up from…
Uncertainty in Guatemala drives Tahoe to suspend dividend and guidance
Tahoe Resources (TSX: THO; NYSE: TAHO) is stopping dividend payments and company-wide guidance due to the suspension of its flagship Escobal silver mine in Guatemala. Ending the monthly 2¢-per-share dividend…
Novo Resources strikes gold at Purdy’s Reward in Australia
VANCOUVER — Shares of Novo Resources (TSXV: NVO; USOTC: NSRPF) have climbed since the company announced on July 12 it had found gold nuggets up to 4 cm long during…
Barrick’s Dushnisky on miner’s rebound, JVs
At the Canadian Mining Symposium hosted by The Northern Miner at Canada House in London, U.K., in May, session moderator Bill Whitelaw, executive vice-president of Northern Miner parent company Glacier…