Alamos bids US$770M for Richmont Mines
VANCOUVER — Alamos Gold (TSX: AGI; NYSE: AGI) is set to expand its Canadian production footprint via a US$770-million, all-share deal for Richmont Mines (TSX: RIC; NYSE: RIC). On Sept. 11,…
Canada
New Gold reports ‘significant progress’ at Rainy River
VANCOUVER — New Gold (TSX: NGD; NYSE-MKT: NGD) hopes developmental challenges are in the rearview mirror at its Rainy River gold project in northwestern Ontario. The company is advancing towards a…
Harte Gold finds new anomalies on Sugar property in Ontario
Harte Gold (TSX: HRT; US-OTC: HRTFF) has identified five new anomalies within 15 km to the east and west of its Sugar deposit in northern Ontario that may host both…
North American Palladium posts $8M profit in turnaround quarter
VANCOUVER — North American Palladium (TSX: PDL; US-OTC: PALDF) has marked its first profitable quarter since mid-2015, thanks to surging palladium prices and increased production at its Lac des Îles…
Pure Gold to update Madsen PEA in Q3
Pure Gold Mining (TSXV: PGM) has reached several milestones this year at its Madsen project in northwestern Ontario’s Red Lake district, and is on track to reach several more before…
The Northern Miner podcast – episode 72: Government infrastructure cash & discovery news
This week we’re talking infrastructure! The show will focus on the Sept. 2 announcement of the $360-million Yukon Resource Gateway Project. The joint federal and territorial initiative is designed to…
Kirkland Lake rides high grades towards banner year
VANCOUVER — Kirkland Lake Gold (TSX: KLG) has been on a tear in 2017 thanks to high gold grades and strong operating performances at its two flagship assets: the Macassa operation…
Klondike Gold to ramp up drilling in Yukon
VANCOUVER — The rush is on for Klondike Gold (TSXV: KG; US-OTC: KDKGF) in the Yukon’s 20 million oz. Klondike placer goldfields. The junior explorer has mobilized a second drill rig onto…
Editorial: Ontario gov’t to fund road to Ring of Fire, nearby First Nations
It’s the first bit of genuinely good news about Ontario’s Ring of Fire mineral district in five years: the Ontario government has pledged “support” and provincial funding to build two…
The Northern Miner podcast – episode 71: The commodity forecast special
Matt’s back in studio this week with a forward-looking show on commodity price forecasts and analyst reviews. We’re talking base and precious metals, and will touch on the recent broad…
TSX breaks 15,000 level, Aug. 21-25
The S&P/TSX Composite Index broke the 15,000 level, finishing 0.69% higher at 15,055.99. Base metal prices — copper climbed above US$3 per lb. for the first time since 2011, while…
TSX Venture slips, Aug. 21-25
The S&P/TSX Venture Composite Index dipped 29 points to a 769.47-point close, as spot gold prices rose US$7.5 to US$1,291.35 per oz., and Comex copper prices gained US10¢ to US$3.06…