G Mining hikes cost forecast on labour, royalties
Operating expenses at South America-focused gold producer G Mining Ventures (TSX: GMIN; US-OTC: GMINF) will be about 12% higher this year due in part to labour-cost inflation and increased royalty…
gold
Rosebud project, like in ‘Citizen Kane,’ reveals another secret
New drilling by Canadian explorer Blossom Gold (TSX: BGAU) at its Rosebud open-pit, heap-leach project in Nevada points to broad mineralized zones around areas of historical underground mining. Hole BG26-027 in…
NGEx to spin out South American exploration company
NGEx Minerals (TSX: NGEX; US-OTC: NGXXF) plans to spin out its Valle Ancho copper-gold project into a new company – a move that will let the Canadian developer concentrate on…
Osisko Gold makes discovery at Cariboo regional target
Osisko Gold Group (TSX: OSG) said early drilling at its Proserpine target near the Cariboo gold project in British Columbia has outlined a new mineralized system that could support future…
Revival books 11.58g gold at Beartrack-Arnett in Idaho
Revival Gold (TSXV: RVG; US-OTCQX: RVLGF) reported one of the strongest underground drill hits to date from the high-grade Joss zone of its Beartrack-Arnett gold project in Idaho. The stock…
Montage books near-surface gold in Côte d’Ivoire
Early drilling by Montage Gold (TSX: MAU; US-OTC: MAUTF) at its Wendé project in Côte d’Ivoire has returned shallow gold, confirming the potential of what the Canadian developer says could…
Spanish Mountain logs high-grade gold results in BC
New drilling by Spanish Mountain Gold (TSXV: SPA) at its namesake project in British Columbia paves the way for an expansion of the property’s gold system. The stock jumped. Standout…
Agnico bets $60M more on stake in Lassonde-backed Cadillac in Abitibi
Agnico Eagle Mines (TSX: AEM; NYSE: AEM) is paying $60 million (US$43 million) for an additional stake in soon-to-be-listed Cadillac Mines (TSX: CADY) as Canada’s biggest miner strengthens its position…
Coeur doubles Mexico exploration budget to $158M
Coeur Mining (TSX, NYSE: CDE) plans to spend twice as much this year drilling in Mexico after reporting high-grade assays from its Palmarejo operation in Chihuahua state. The stock rose….
Gold, silver prices rebound as US-Iran war spreads
Gold and silver jumped on Wednesday as a sharp escalation in the United States war on Iran sent oil surging and investors scrambling back into havens, with buyers willing to…
Getchell Gold sees $905M value for Fondaway Canyon
Getchell Gold (CSE: GTCH; US-OTC: GGLDF) says a revised preliminary economic assessment (PEA) for its proposed Fondaway Canyon open-pit gold mine in Nevada has boosted the project’s value by 67%…
Thunder Gold assays suggest Tower Mountain expansion in Ontario
New drilling by Thunder Gold (TSXV: TGOL; US-OTC: TGOLF) at its Tower Mountain project in Ontario has confirmed the deposit’s main trend continues at depth and remains open for further…