Revolution turns to Red Mountain in BC
VANCOUVER — For Revolution Resources (TSX: RV) president and CEO Robert McLeod, the company’s recent acquisition of the Red Mountain gold property in northwestern B.C. is a lot like coming home.
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More high-grade prompts Pilot Gold to expand Kinsley
Results from infill and step-out drilling at the Western Flank target of Pilot Gold’s (TSX: PLG; US-OTC: PLGTF) majority owned Kinsley Mountain project in Nevada continue to yield high-grade intercepts, sending the company’s share…
Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, April 29 2014Precious MetalsPrice…
Torex Gold gets $375M for Morelos in Mexico
It took a while, but Torex Gold Resources (TSX: TXG; US-OTC: TORXF) has closed its $375-million project-finance facility — enough to fully fund its El Limon–Guajes project at its Morelos property in Mexico right through to…
Royal Nickel buys 25% of Sudbury Platinum for $1.5M
Toronto-based explorer Royal Nickel (TSX: RNX; US-OTC: RNKLF) has seen its shares climb more than 50% since April, when it gave an upbeat outlook on nickel prices and announced acquiring a minority interest in a private company that’s…
Nautilus settles dispute with PNG government
VANCOUVER — Shares of explorer Nautilus Minerals (TSX: NUS; US-OTC: NUSMF) were on the rise following an agreement with the Papua New Guinean (PNG) government that could set the development stage at the company’s Solwara 1…
Osisko drill results lift Abitibi Royalties to new heights
Yamana Gold (TSX: YRI) and Agnico Eagle Mines (TSX: AEM) bid for Osisko Mining (TSX: OSK) looks just a bit better today than it did yesterday.
Juan de Herrera shows the right signs for Precipitate Gold
VANCOUVER — “It’s been exciting — there are a lot of good things going on here that just all seem to be aligning,” said Precipitate Gold (TSXV: PRG; US-OTC: PREIF) president and CEO Jeffery Wilson in an interview…
Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, April 22 2014Precious MetalsPrice…
Endeavour Silver mines new high-grade zone at El Cubo
VANCOUVER — Endeavour Silver (TSX: EDR; NYSE: EXK) has done it again.
Editorial: Diamonds a lodestar in Canadian mining firmament
While much of the global mining industry has been limping along under sagging commodities prices and looming oversupply, one of the brightest spots has been the Canadian diamond-mining industry, which has weathered its wild, rocky youth and…
Timmins Gold hits the right notes at San Francisco
VANCOUVER — Mexico-focused producer Timmins Gold (TSX: TMM; NYSE-MKT: TGD) is riding positive momentum to start 2014 as the company exceeds analyst expectations and sets production records at its San Francisco gold–silver…