Asanko Gold Inc

Asanko Gold's main office block at the Asanko gold project in Ghana. Credit: Asanko Gold

Asanko approves gold mine construction in Ghana

Asanko Gold’s  directors (TSX: AKG; NYSE: AKG) have given management the green light to build the first phase of the Asanko gold mine in Ghana for US$295 million, and the company expects to break ground within a month.

Novo Resources' Beatons Creek gold project in western Australia.  Credit: Novo Resources

Are the clouds parting for juniors?

Junior gold explorer Novo Resources (CNSX: NVO) checks all the boxes: it’s led by a well-known, connected and respected geologist; it has several prospective gold projects (one of which has an inferred resource) in the low-risk…

U.S. markets, Jan. 27-31

A continued sell-off in emerging market currencies, worries about slowing growth in China and the U.S. Federal Reserve’s announcement that it would trim its monthly bond purchases by US$10 billion to US$65 billion, starting in February,…

Toronto Stock Exchange, Dec. 16-20

The S&P/TSX Composite Index jumped 273.90 points, or 2%, to 13,399.60 during the  trading week after the U.S. Federal Reserve said it would trim its monthly bond-buying program by US$10 billion to US$75 billion, starting in January….

A drill rig at PMI Gold's Obotan gold project in Ghana. Credit:  PMI Gold

Asanko takes a second go at PMI

In a friendly all-share deal valued at $183 million, Asanko Gold (TSX: AKG; NYSE-MKT: AKG) plans to take over PMI Gold (TSX: PMV; ASX: PVM; US-OTC: PMVGF) to create an emerging mid-tier gold producer.

Cayden Resources director David Jones at the Pea de Oro target at the El Barqueo gold project in Mexico's Jalisco state. Source: Cayden Resources

Cayden’s El Barqueo steals the show

Cayden Resources’ (TSXV: CYD) El Barqueno gold project in Mexico’s Jalisco state hasn’t been in its portfolio for very long, but the potentially high-grade, near-surface project has grabbed centre stage.

Market news: Toronto Stock Exchange

The S&P/TSX Composite Index was off 103 points to 12,686.63 for the period, as market activity unfolded in anticipation of a G20 meeting addressing the emerging theme of “currency wars” — where one country after another…

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