Volume 101 Number 32 Sept 21 - 27, 2015

Richmont Mines' Island Gold gold mine near Wawa on the north shore of Lake Superior.

Richmont goes deep at Island Gold mine

At a time when many companies are putting exploration plans on hold to weather the downturn in metals markets, Richmont Mines (TSX: RIC; NYSE-MKT: RIC) is doing exactly the opposite.

An Ontario Provincial Police officer poses with a freshly poured gold bar at the Mishi gold mine opening in Ontario in 2012. Credit: Wesdome Gold Mines

Wesdome ‘proud’ of its Ontario gold mines

For a company that hasn’t had to raise equity since 2006 and whose last financing was a $7-million convertible debenture in 2012, which isn’t due until 2017, Wesdome Gold Mines (TSX: WDO; US-OTC: WDOFF) has performed fairly well…

TSX slips, Sept. 8-11

Canada’s main stock index fell 0.1% to 13,461.47 in the holiday-shortened trading week as Goldman Sachs trimmed its 2016 price forecasts for crude oil and the Bank of Canada said it would keep its key interest rate of 0.5% as the…

TSX Venture moves lower, Sept. 8-11

The S&P/TSX Venture Composite Index closed in the red for the second week after a loss of 1%, or 5.41 points, en route to a 547.20-point close. Falling energy futures drove losses , while the U.S. Federal Reserve and the Bank of England…

US stocks rise, Sept. 8-11

U.S. equities stayed in positive territory despite U.S. consumer sentiment in September hitting its lowest level in 12 months, flat domestic producer prices in August, and worries about China’s slowing growth and shrinking imports (data…

William Chornobay, Goldstrike Resources chief operating officer, examines a core sample from the Plateau South gold project, 300 km east of Dawson City in the Yukon. Credit: Goldstrike Resources

Goldstrike strikes again at Plateau South in Yukon

VANCOUVER — Goldstrike Resources (TSXV: GSR) is gaining traction over a new gold district at its Plateau South project, 300 km east of Dawson City, Yukon, as recent drilling has expanded its high-grade gold targets.

A drill rig, surrounded by sound walls, in the Central zone at Premier Gold Mines' Hasaga gold project in northwestern Ontario. Credit: Premier Gold Mines

Premier’s Downie bullish on Hasaga in Red Lake

VANCOUVER — Premier Gold Mines (TSX: PG; US-OTC: PIRGF) is taking a new approach to exploration at its past-producing Hasaga gold property in the prolific Red Lake mining district of northwestern Ontario, and Ewan Downie, president and…

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