Iamgold options into Solvista Gold’s Caramanta project
Shares of Solvista Gold (TSXV: SVV) rose 31% after Iamgold (TSX: IMG; NYSE: IAG) signed an option agreement for the junior’s Caramanta gold project in Colombia.
News
Defiance drops mill option to advance San Acacio
With a dwindling cash reserve, Defiance Silver (TSXV: DEF; US-OTC: DNCVF) had to choose between optioning into a mine or a mill, and swiftly chose the former last December.
Guest editorial: A heap of trouble for the junior sector
A pillar of the Toronto mining community, Ed Thompson kicked off the new year by resigning from his many directorships in junior mining companies. As he tells The Northern Miner, part of the reason for doing so all at once was that he was…
Fission ends 2013 with a bang
Since April 2013, Fission Uranium (TSXV: FCU; US-0TC: FCUUF) has released assay results from its Patterson Lake South discovery a total of 23 times—including in its most recent press release on the second last day of 2013.
Amara reports largest resource in Ivory Coast
Amara Mining (TSX: AMZ; LSE: AMA) has expanded resources at its Yaoure project in the Ivory Coast from 2.7 million oz. gold grading an average of 1.1 grams gold per tonne to 6.3 million oz. gold averaging 1.3 grams gold per tonne, and claims…
Kirkland Lake Gold launches strategic review
Kirkland Lake Gold (TSX: KGI; US-OTC: KGI) kicked off 2014 with news that it is exploring alternatives to “enhance shareholder value that include a potential sale of the company’s shares or assets” and has set up a special…
Champion and Cartier complete Penguin Lake resource
Champion Iron Mines (TSX: CHM; US-OTC: CPMNF) has increased the historic resource at its Penguin Lake iron project tenfold in the southern portion of the Labrador Trough, 110 km southwest of the town of Fermont.
Sherritt sells all its coal mines to Westmoreland, Altius
Sherritt International (TSX: S) is firming up its balance sheet and putting itself in a position to take advantage of perceived low prices for non-coal mining assets.
Roxgold finds more cash to advance Yaramoko
Roxgold (TSXV: ROG; US-OTC: ROGFF) Roxgold plans to add cash to its balance sheet by acquiring a private company called XDM Royalty Corp. in an all-share deal.
Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, January 7, 2014Precious MetalsPrice…
U.S. markets, Dec. 27-Jan. 3
U.S. equities slipped during the holiday-shortened trading week, but ended 2013 on a positive note.
Santacruz unveils maiden resource at Gavilanes
VANCOUVER — Emerging producer Santacruz Silver Mining (TSXV: SCZ; US-OTC: SZSMF) added more quality in-situ silver equivalent ounces to its books on Dec. 18, when it released an initial resource estimate on its Gavilanes polymetallic…