Volume 101 Number 10 Apr 20 - 26, 2015

A portal at Klondex Mines' Midas gold-silver mine in Nevada. Source: Klondex Mines

Klondex adds life to Midas with aggressive drilling

When Klondex Mines (TSX: KDX; US-OTC: KLNDF) bought the Midas gold-silver mine in Nevada from Newmont Mining (NYSE: NEM) in early 2014, Newmont had penciled in March 2015 as the date the underground operation would reach the end of its mine…

McEwen Mining executive chairman Rob McEwen.

Rob McEwen speaks out on Mexican gold robbery

On April 7 armed robbers stole 900 kilograms of gold-rich concentrate containing 7,000 oz. gold from McEwen Mining’s (TSX: MUX; NYSE: MUX) El Gallo 1 mine in Sinaloa, Mexico. At US$1,200 per oz. gold, the thieves made off with over…

Workers pour the first concrete at Roxgold's Yaramoko gold project in Burkina Faso. Source: Roxgold

Roxgold starts construction at Yaramoko

Roxgold (TSXV: ROG; US-OTC: ROGFF) has kicked off construction at its high-grade Yaramoko gold project in southwestern Burkina Faso, with an aim of starting production in the second quarter of 2016.

Looking north along the deposit's axis at Newmont Mining's Long Canyon gold project in northeast Nevada. Source: Newmont Mining

Newmont green-lights Long Canyon gold mine

VANCOUVER — Denver-based Newmont Mining (NYSE: NEM) is poised to open up a new gold district at its Long Canyon project along the eastern flank of the Pequop Mountains in northeastern Nevada. The U.S. Bureau of Land Management (BLM)…

TSX posts solid gains, April 6-10

A slight rally in oil prices and reports of encouraging employment data in Canada helped lift Canada’s benchmark index. The S&P/TSX Composite Index advanced 2.4% to 15,388.43, while the S&P/TSX Capped Diversified Metals &…

The Young-Davidson gold mine in northern Ontario's Abitibi greenstone belt. Source: Alamos Gold.

Alamos, AuRico unveil US$1.5B ‘merger of equals’

VANCOUVER — Alamos Gold (TSX: AGI; NYSE: AGI) and AuRico Gold (TSX: AUQ; NYSE: AUQ) have apparently been in an on-again, off-again courtship for years, but on April 13 the companies decided to tie the knot amidst a rising tide of merger…

Wall Street marches higher, April 6-10

U.S. stocks rose for a second straight week. The Dow Jones Industrial Average advanced 294.41 points to 18,057.65 and the S&P 500 Index gained 35.1 points to finish at 2,102.06. Both indexes were up 1.7%. The Nasdaq Composite rose 2.2% to…

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