Volume 99 Number 19 Jun 24 - 30, 2013

Looking down at Premier Gold Mines' Trans-Canada gold project in northwestern Ontario's Beardmore-Geraldton greenstone belt. Source: Premier Gold Mines

Premier gathers momentum on grade

Many stocks within the junior gold sector are languishing, but Premier Gold Mines (PG-T) is showing there is still life for explorers that find the grade.

Geologist Nicole Lasanen standing in front of a drill on hole 21, the discovery hole for the Llama Lake Zone. Source: Sabina Gold & Silver

Sabina raises funds for Back River’s exploration

Sabina Gold & Silver (SBB-T) is raising $20 million to keep the drills turning on its advanced-stage Back River gold project in Nunavut’s West Kitikmeot region, a move that has one analyst scratching his head.  

Miners at Teranga Gold's Sabodala gold mine in Senegal, 650 km southeast of the capital Dakar. Source: Teranga Gold

Teranga aims to boost Sabodala with Oromin bid

VANCOUVER — Toronto-based producer Teranga Gold (TGZ-T, TGZ-A) is taking a second swing at Vancouver-based junior Oromin Explorations (OLE-T) with an all-share acquisition offer. Teranga’s target is Oromin’s 43.5% stake in the…

Mega Uranium's Lake Maitland  project in Western Australia. Source: MegaUranium

Rockgate and Mega to merge

VANCOUVER — Rockgate Capital (RGT-T) and Mega Uranium (MGA-T) are merging to create a uranium company with several advanced projects, early stage properties, a healthy treasury and a strong team of managers and directors.

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