Goldcorp’s lonore to pour first gold in Q4
By year-end, Goldcorp (TSX: G; NYSE: GG) will pour first gold from Éléonore — its first mine in Quebec.
Gold
Sean Roosen brings golden touch to Falco
The co-founder of Osisko Mining — who brought the $1-billion Canadian Malartic mine into production, and oversaw the sale of the company earlier this year to Agnico Eagle Mines (TSX: AEM; NYSE: AEM) and Yamana Gold (TSX: YRI; NYSE: AUY)…
Hecla boosts gold exposure with Quebec plays
VANCOUVER — Gold production is playing a growing role in U.S.-based silver miner Hecla Mining’s (NYSE: HL) precious metals portfolio, and most of the company’s new exposure to the yellow metal is in Eastern Canada.
Agnico has room to grow in Quebec
Agnico Eagle Mines (TSX: AEM; NYSE: AEM) has grown over the past two decades from a single asset producer to a mid-tier gold miner, with mines spread across Quebec, Nunavut, Finland and Mexico. But its four gold mines strung out along a 50 km…
Rising GDP drives consumer gold demand
The following is an edited summary from the U.K.-based World Gold Council about its report entitled: The growth dividend: How rising GDP lifts gold consumer demand. The full report can be found at www.gold.org.
US stocks rise, Sept.15-19
U.S. equities ended the trading week in positive territory. The Dow Jones Industrial Average added 292 points to end at 17,279.74, while the S&P 500 Index rose 25 points to 2,010.40. The tech-heavy Nasdaq Composite Index jumped 12 points to…
Probe Mines brings ex-Barrick CEO on board
On Sept. 16, a day after Jamie Sokalsky stepped down as Barrick Gold’s (TSX: ABX; NYSE: ABX) president and CEO, came news of his first post-Barrick appointment: director and chairman of junior Probe Mines (TSXV: PRB; US-OTC: PROBF).
Work on Oyu Tolgoi underground to resume in Q1
Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) and the Mongolian government have resolved several issues that have held up the underground expansion of the Oyu Tolgoi copper-gold mine in the country.
Newstrike touts low costs in Ana Paula PEA
VANCOUVER — Four years ago junior Newstrike Capital (TSXV: NES; US-OTC: NWSKF) scored a strategic slice of Mexico’s emerging Guerrero gold belt (GGB) in the form of its wholly owned Ana Paula gold asset, and now the company is…
Santacruz lands US$28.4M deal to fund second mine
Santacruz Silver Mining (TSXV: SCZ) has signed a US$28.4-million prepaid silver-purchase agreement to help fund its San Felipe silver-lead-zinc project in Sonora state, Mexico.
Capstone tweaks Minto’s mine plan after permit delay
Capstone Mining (TSX: CS; US-OTC: CSFFF) is modifying the mine plan at its Minto copper-gold-silver mine in the Yukon, after announcing that it had not received its amended water-use licence from the Yukon Water Board to pre-strip the…
Editorial: Gold in Colorado
This September’s twin gold conferences in Colorado in some ways mark a new era for gold miners, with a new-found humbleness and overall confidence in the industry’s fundamentals.