News

[Update] Great Basin’s great descent

Great Basin Gold (GBG-T, GBG-X) continues to tumble as it’s placed under a delisting review by the Toronto Stock Exchange, following the market response to the suspension of the company’s Burnstone gold mine in South Africa.


Pretium lowers Brucejack’s resource estimate

Pretium Resources’ (PVG-T, PVG-N) saw total resources at its Brucejack gold-silver project in northern B.C. decrease after publishing an updated resource estimate for one of the project’s underground deposits.



Lynas Corp. inches ahead

Lynas Corporation (LYC-A) has been developing its massive rare earths project in Western Australia for more than ten years and a decision earlier this month by Malaysia’s Atomic Energy Licensing Board brought the project one step closer…



Lake Shore closes $90M financing

Lake Shore Gold (LSG-T) has completed a $90-million public offering to strengthen its balance sheet, which was in “bad shape” even after closing several other financings this year, says Haywood Securities’…



El Gallo delivers Phase II feasibility

A feasibility study for Phase II of McEwen Mining’s (MUX-T, MUX-N) El Gallo project supports production of an additional five million oz. silver a year for seven years from the company’s mining complex in Sinaloa, Mexico. Permits to…



TSX Venture resumes climb

The TSX Venture exchange collected itself and resumed its forward march. After falling four straight days over the previous period the holiday shortened Sept. 4-7 period saw the index climb 31 points to 1,276.71 points on the back of renewed…



U.S. equities strong performers, Sept. 3-7

Hopes of additional stimulus measures from the U.S. Federal Reserve after news of disappointing jobs data in the month of August; the announcement by the Chinese government of a US$150 billion infrastructure building program; and news that the…


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