VANCOUVER — Only a true world-class gold camp reveals new ounces when a sector-wide downturn has quieted so many drills. As such, two estimates offering resource ounces is a good reminder that the Abitibi greenstone belt is one such camp.
DAWSON CITY, YUKON — Shawn Ryan could have retired.
With margins being squeezed by falling metal prices, miners that used debt financing to build projects are feeling the need for some relief.
Earlier-than-expected commercial production at the Detour Lake mine has caught analysts by surprise. Detour Gold (TSX: DGC; US-OTC: DRGDF) reported the milestone at the open-pit gold mine in northern Ontario on Aug. 12, noting that the…
These days, it’s unusual to see a company’s share price more than double on strong trenching results. But this is what happened when Calibre Mining (TSXV: CXB; US-OTC: CXBMF) released more trenching assays from its wholly…
Carpathian Gold’s shares (TSX: CPN; US-OTC: CPNFF) fell 26% after the company announced a bought-deal financing to finish developing its Riacho dos Machados (RDM) gold project in Minas Gerais, Brazil.
VANCOUVER — Gold Fields (NYSE: GFI; JSE: GFI) is preparing for a future of US$1,300 per oz. gold by restructuring all of its operations — and potentially closing some — to bring its production costs back below the gold price,…
VANCOUVER — It’s been a strong four months for explorer Cayden Resources (TSXV: CYD) and its El Barqueno gold project, 110 km west of Guadalajara in Mexico’s Jalisco state.
Its latest quarterly results weren’t perfect, but Kirkland Lake Gold (TSX: KGI; US-OTC: KGILF) is making steady progress towards its goal of becoming a substantial gold producer in Ontario.
VANCOUVER — Producer B2Gold (TSX: BTO) has been one of the better performing gold equities over the past couple of months, as shares have jumped 52%, or $1.05 per share on the back of consistent production and a strong balance sheet.
Coastal Gold (TSXV: COD) is steaming ahead with a resource definition program at its 100% owned Hope Brook gold project in southwestern Newfoundland.
Shareholders of Esperanza Resources (TSXV: EPZ) voted 96.25% in favour of the company’s acquisition by Alamos Gold (TSX: AGI; NYSE: AGI), and the Supreme Court of British Columbia has given its seal of approval to the plan of arrangement.
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