Gold

TSX surges, June 2-6

The Toronto stock market had a strong run during the trading week, with the S&P/TSX Composite Index gaining 234.74 points to 14,838.90, as investors digested the positive U.S. employment data while shrugging off the lacklustre Canadian jobs…


Drill core from the 2201 Zone at Premier Gold Mines' Cove project in Nevada. Credit:  Premier Gold Mines

Cove makes the grade for Premier

It may have made its name on its Hardrock gold project in Ontario but Premier Gold Mines (TSX: PG; US-OTC: PIRGF) is bolstering its project pipeline in Nevada.



Workers at a drill site at GoldQuest Mining's Romero gold-copper project in the Dominican Republic. Credit: Gold Quest Mining

GoldQuest’s PEA on Romero a ‘good start’

GoldQuest Mining (TSXV: GQC; US-OTC: GDQMF) has tabled a positive preliminary economic assessment (PEA) for its flagship project, consisting of the Romero and Romero South gold–copper deposits, two years after discovering the main deposit…


Peter Harvey, senior project geologist, examines drill core from Temex Resources and Goldcorp's Whitney gold project. Credit: Temex Resources

Temex hits shallow high-grade at Whitney

VANCOUVER — Drills at Temex Resources’ (TSXV: TME) Whitney gold project near Timmins, Ont., are finding high grades while the company upgrades the main deposit for a planned bulk sample and initial economic study.




Midway expands Gold Rock resource

Midway Gold (TSX: MDW; NYSE: MDW) may be in the thick of building its first gold mine at the Pan project in Nevada — with the first gold pour expected in the fourth quarter — but that hasn’t stopped the junior developer from…


Drillers at Rye Patch Gold's Lincoln Hill gold-silver project in Nevada, 160 km northeast of Reno. Credit: Rye Patch Gold

Rye Patch touts Nevada’s Oreana Trend

VANCOUVER — A year ago explorer Rye Patch Gold (TSXV: RPM; US-OTC: RPMGF) scored a chunk of cash and a net smelter return royalty (NSR) thanks to  some savvy staking around Coeur Mining’s (TSX: CDM; NYSE: CDE) Rochester…


A drilling team in action at Pinecrest Resources' Enchi gold project in Ghana. Credit: Pinecrest Resources

Edgewater spins out Ghanaian gold into Pinecrest

VANCOUVER — Several months ago junior Edgewater Exploration (TSXV: EDW; US-OTC: EDWZF) was hit with a permitting delay at its flagship Corcoesto gold project, 35 km southwest of the port city of La Coruna in Spain. Edgewater had been…


The Cerro Pelon deposit, 3 km from Alamos Gold's Mulatos gold mine in northwestern Mexico's Sonora state. Credit: Alamos Gold

Alamos adding Cerro Pelon and La Yaqui to the mix

Alamos Gold (TSX: AGI; NYSE: AGI) has scored a major victory at its Mulatos gold mine operation in Mexico with the acquisition of surface rights for two satellite gold deposits that could add low-cost production growth as early as 2016.


Calibre Mining president and CEO Greg Smith (left) and senior geologist Marc Cianci at the Eastern Borosi gold-silver project in northeast Nicaragua. Credit: Calibre Mining

Iamgold becomes Calibre’s third partner in Nicaragua

Calibre Mining (TSXV: CXB; US-OTC: CXBMF) saw its shares surge 43% after reporting that Iamgold (TSX: IMG; NYSE: IAG) had signed an option to spend US$10.9 million to earn up to 70% of the junior’s Eastern Borosi gold–silver project…


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