WPC aims to bring Lupin back online
WPC Resources (TSXV: WPQ) — soon to be named Lupin Gold Corp. — plans to bring the past-producing Lupin gold mine online, while also advancing the nearby Ulu gold property.
Gold
Columbus Gold to launch $20M program
Over the next year, Columbus Gold (TSXV: CGT; US-OTC: CBGDF), a small junior with a market cap of just $64 million, will oversee $20 million invested in exploration and development at its two gold projects, Paul Isnard in French Guiana and…
U.S. stocks drop, April 27-May 1
U.S. equities fell after being tripped up by soft economic data. The Dow Jones Industrial Average lost 56.08 points to 18,024.06, and the S&P 500 Index slipped 9.4 points to 2,108.29. The Nasdaq retreated 86.69 points to…
Eastmain resource turns heads
When RBC Capital Markets recently screened for undeveloped open-pit gold projects in North America with a resource of more than 500,000 oz. gold in the measured and indicated category and a grade of greater than 1.5 grams gold per tonne, it…
TMAC targets production at Hope Bay in late 2016
A recent prefeasibility study shows privately held firm TMAC Resources’ Hope Bay gold project in Nunavut has what it takes to be a low-cost, long-life underground operation, with first production starting as early as 2016.
BC Survey’s ‘red line’ a game changer for explorers
VANCOUVER — Geologists Jeff Kyba and Joanne Nelson from the B.C. Geological Survey may have unlocked the secret to world-class porphyry- and intrusion-related gold-copper deposits in northwestern B.C.
Northern Empire rises again with an eye on Alaskan gold
VANCOUVER — The management team at Northern Empire Resources (TSXV: NM; US-OTC: PSPGF) believe it’s an opportune time to get back into the project-generation game, and that the early stage Richardson gold project in Alaska’s…
Redstar Gold drills the Aleutian Islands
If you ask Redstar Gold (TSXV: RGC; US-OTC: RGCTF) for comparables to the mineralization at its Unga gold project in Alaska’s Aleutian Islands, the management team will tell you that it is similar to the high-grade, low-sulphidation…
Agnico grows Amaruq discovery under Whale Lake
Agnico Eagle Mines (TSX: AEM; NYSE: AEM) is off to a strong start in this year’s exploration program at its promising Amaruq gold discovery, located 50 km northwest of its Meadowbank gold mine in western Nunavut, 300 km west of Hudson Bay.
Capstone ends Q1 in the red
Copper producer Capstone Mining (TSX: CS; US-OTC: CSFFF) widens its loss in the first quarter of 2015 due to impairments at the Pinto Valley mine in Arizona and the Minto mine in the Yukon.
Wall Street gains, April 20-24
U.S. equities swung back into the positive territory. The Dow Jones Industrial Average increased 1.4% to 18,080.14 points and the S&P 500 Index added 1.8% to 2,117.69. The Nasdaq rose 3.2% to 5,092.08. The gold price, however, fell US$15.30…
Sirius pushes Nova towards production in Australia
VANCOUVER — It’s been two and a half years since Mark Bennett, managing director and CEO of Australian-explorer Sirius Resources (ASX: SIR; US-OTC: SRQUF), struggled to keep his 5¢-per-share company above water.