FireFox Gold acquires property in Finland
Vancouver-based FireFox Gold (TSXV: FFOX) has acquired property covering 984 sq. km in the Kierinki Schist belt in northern Finland’s Lapland region. The company says the two blocks, collectively known…
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Giyani Metals completes study on manganese project in Botswana
Giyani Metals (TSXV: EMM) has published a preliminary economic assessment (PEA) for its 88%-owned K.Hill manganese project in Botswana. The early-stage study forecast total production of 245,000 tonnes of high-purity,…
Fremont sells Gold Canyon interest to McEwen
Fremont Gold (TSXV: FRE) has signed an agreement to sell its rights and interest in the Gold Canyon gold project in Nevada to McEwen Mining (TSX: MUX) in exchange for…
Rockridge reports first resource for Knife Lake in Saskatchewan
Rockridge Resources (TSX-V: ROCK) has completed the first resource estimate for its flagship Knife Lake project in Saskatchewan. The project has an indicated resource of 3.8 million tonnes grading 0.83%…
Avesoro suspends operations at Youga mine after security breach
Avesoro Resources (TSX: ASO) has temporarily suspended operations at its Youga gold mine in Burkina Faso and moved all staff to the capital Ouagadougou as a precautionary measure, after a…
Pure Gold lands US$90M for Madsen
Six months after delivering a positive feasibility study for its Madsen gold project in Red Lake, Ont., Pure Gold Mining has landed a US$90-million financing to bring it into production….
Semafo revises 2019 guidance after Mana pit-wall failure
Semafo (TSX: SMF) has cut 2019 production guidance for its Mana mine in Burkina Faso by 40,000 to 50,000 oz. gold, following a pit-wall failure in the northern part of…
Marathon Gold ‘prime takeout candidate’: National Bank of Canada analyst
Marathon Gold (TSX: MOZ) is on track to release a new resource estimate in September for its Leprechaun deposit in the company’s Valentine Gold camp in Newfoundland and Labrador. The…
Facts ‘n’ Figures: Canada’s IPO market struggles at fraction of 2018 pace, PwC says
The following is a release by PwC Canada as part of its quarterly monitoring of the status of initial public offerings in Canada. Visit www.pwc.com/ca for more information. The surge…
SSR Mining acquires past producers
SSR Mining (TSX: SSRM; NASDAQ: SSRM) is acquiring from Newmont Goldcorp (TSX: NGT; NYSE: NEM) and Fairmile Gold Mining two past-producing gold operations to the south of its Marigold mine…
Orvana completes study on Taguas in Argentina
A preliminary economic assessment (PEA) of Orvana Minerals’ (TSX: OR) Taguas gold project, 25 km north of Barrick Gold’s (TSX: ABX; NYSE: ABX) Veladero mine in Argentina, envisions a conventional…
Red Pine builds up Wawa project in Ontario
The land package containing Red Pine Exploration’s (TSXV: RPX) Wawa gold project in Ontario hosts numerous historic mines that in their heyday produced more than 120,000 oz. gold. The largest…