Argonaut boosts San Agustin’s economics
Argonaut Gold (TSX: AR) shares gained 11% after an updated preliminary economic assessment (PEA) on the San Agustin gold-silver project in Mexico cut initial cost estimates 36% and improved returns. The…
Gold
Sirios rethinks Cheechoo, wins Goldcorp’s interest
VANCOUVER — Explorer Sirios Resources (TSXV: SOI; US-OTC: SIREF) has been toiling away for years in relative obscurity at its flagship Cheechoo gold project, 320 km north of Matagami, Que., but is gaining…
Shanghai Gold Exchange launches benchmark price
The following is an edited release from the London-headquartered World Gold Council. For more information, please visit www.gold.org. A year and half after it was established in September 2014, the…
Barrick posts Q1 loss
Barrick Gold (TSX: ABX; NYSE: ABX) swung into the red in the first quarter on the back of declining production due to asset sales in the second half of 2015…
Roxgold reports maiden resource on Bagassi South’s QV1 target
Roxgold (TSXV: ROG; US-OTC: ROGFF) expects to become a junior producer in June when it pours the first gold from its Yaramoko project in Burkina Faso. In the meantime, the…
Pretium boosts confidence in Brucejack
VANCOUVER — Pretium Resources (TSX: PVG; NYSE: PVG) is proceeding on schedule and US$50 million under budget at its Brucejack gold project in northwestern B.C., moving steadily towards its goal…
Colorado hunts for high-grade gold at KSP
VANCOUVER — Colorado Resources (TSXV: CXO) has a plethora of targets to choose from at its rugged 305 sq. km KSP property in northwest B.C, but this year the junior…
TSX Venture hits nine-month high, April 18-22
The S&P/TSX Venture Composite Index broke a nine-month high over the trading period, gaining 22.34 points, or 3.5%, to a 656.18-point close, lifted by optimism over demand for industrial metals…
Eldorado to sell Jinfeng to China National Gold
VANCOUVER — Eldorado Gold (TSX: ELD; NYSE: EGO) is the largest foreign gold producer in China, with three of the company’s six producing mines operating in the country. But that…
TSX climbs, April 18–22
Canada’s benchmark index enjoyed another weekly gain, rising 236.8 points, or 1.7%, to close at 13,874 points, on the back of higher oil prices and encouraging economic data. The S&P/TSX…
Nevsun trumps Lundin bid for Reservoir
VANCOUVER — There had been ample speculation on when Nevsun Resources (TSX: NSU; NYSE-MKT: NSU) would mobilize its substantial capital position in the mergers and acquisitions arena, and on April 24,…
US markets inch higher, April 18-22
It was a relatively quiet week on the U.S. economic front. The Dow Jones Industrial Average finished at 18,003.75, a 0.6% gain, while the S&P 500 Index advanced 0.5% to…