Newcrest bets big on Greatland’s Havieron gold-copper project
It has also inked a farm-in and JV agreement with Greatland to access the latter’s Black Hills and Paterson Range East exploration licenses in the Paterson region of Western Australia.
Canada
US markets up, Nov. 23-Nov. 27
The Dow Jones Industrial Average rose 2.21% to finish the week at 29,910.37 and the S&P 500 climbed 2.27% to 3,638.35. Spot gold dropped US$67.30 per oz., or 3.62%, to…
TSX mixed, Nov. 23-Nov. 27
The S&P/TSX Composite Index rose 2.22% to 17,396.56 during the Nov. 23-Nov. 27 trading week. The S&P/TSX Global Mining Index increased by 0.27% to 94.34, and the S&P/TSX Global Base…
O3 Mining reports drill results from its Marban gold project in Quebec
O3 Mining (TSXV: OIII) has reported new drill results from the Gold Hawk zone at its Marban gold project, part of the company’s wholly-owned Malartic property located near Val d’Or,…
Great Bear advances Dixie gold project in Ontario
Great Bear Resources (TSXV: GBR; US-OTC: GTBAF) has reported new drill results from its fully-funded $21 million exploration program on its 100%-owned flagship Dixie project, about 25 km southwest of Red…
Victoria Gold’s John McConnell on launching a mine during a pandemic
Victoria Gold (TSXV: VGCX) commenced production at its Eagle heap-leach mine in the Yukon on July 1 – perhaps the only new gold mine in the world to launch in…
TSX rises, Nov. 9-13
The S&P/TSX Composite Index rose 2.41% to 16,675.64 during the Nov. 9-13 trading week. The S&P/TSX Global Mining Index declined by 2.43% to 96.48, and the S&P/TSX Global Base Metals…
Denison plans Canada’s first in-situ recovery uranium mine
Canada’s Denison Mines (TSX: DML) is ready to resume the formal environmental assessment (EA) process for its 90%-owned Wheeler River project in Saskatchewan, which is poised to be the country’s…
First Cobalt to finalize new supply deal with Glencore
First Cobalt (TSXV: FCC) is planning to alter its prior arrangement with global miner Glencore (LSE: GLEN) and sign a a long-term feed purchase contract instead of the original tolling contract….
Troilus buys back royalty from First Quantum
Troilus Gold (TSX: TLG; US-OTC: SKREF) has entered into a definitive agreement to buy back a sliding 2.5% net smelter royalty (NSR) on 81 mineral claims and one mining lease (the…
O3 Mining hits near-surface gold at Malartic
Drilling at O3 Mining’s (TSXV: OIII) Malartic property in Val d’Or, Que., hit near-surface extensions of the Kierens gold deposit, outside of the proposed pit outlines defined in a September…
Torex Gold posts ‘extraordinary’ Q3 results
Mexico-focused Torex Gold Resources (TSX: TGX) is the latest gold miner to report surging profits on the back of a strong gold price. For its third quarter, Torex poured 131,790…