Kinross takes 9.7% stake in Wolfden
Kinross Gold (TSX: K; NYSE: KGC) has acquired 12.5 million shares of Wolfden Resources (TSXV: WLF) at 20¢ each for $2.5 million, resulting in a 9.7% stake in the junior…
Fast News
Equinox upgrades resources at Aurizona and Mesquite
Equinox Gold (TSXV: EQX; US-OTC: EQXFF) has boosted resources at its Aurizona gold mine in northeastern California and reserves and resources at its Mesquite gold mine in California. Since the…
BMO cuts Vale production estimates after additional mine closure
BMO Capital Markets has cut Vale’s (NYSE: VALE) iron ore production estimate this year by a further 30 million tonnes due to the continued suspension of the miner’s Brucutu mine,…
Apex confirms gold anomaly at Ore Hill in BC
Apex Resources (TSXV: APX; US-OTC) has confirmed a 1.5 km by 150-metre gold in soil anomaly at its Ore Hill gold property near Salmo, B.C., after compiling historic and modern…
Silvercrest upgrades Las Chipas ahead of PEA
Silvercrest Metals (TSXV: SIL; NYSE: SILV) has upgraded the resource at its Las Chispas silver-gold property in Sonora, Mexico, to the indicated category for the first time. The project now…
Turquoise Hill income surges in 2018
Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) reported 2018 income of US$394.3 million — a 255.4% jump over 2017’s US$110.9 million — driven by an increase in gold production and…
Reunion Gold completes resource on Nivre following Barrick deal
A drill program last year to validate historic resources at Reunion Gold’s (TSXV: RGD) Nivre deposit in French Guiana has resulted in a 43-101 resource that is similar to its…
Leagold achieves higher gold production with 2018 acquisitions
Leagold Mining (TSX: LMC; US-OTC: LMCNF) produced 302,550 oz. gold in 2018 from its four operating mines at US$974 all-in sustaining costs (AISC) for a US$83.2 million AISC margin. The…
Atlantic Gold boosts resource, exceeds 2018 production guidance
Atlantic Gold (TSXV: AGB; US-OTC: SPVEF) has added measured and indicated ounces at its Touquoy, FMS and Cochrane Hill gold projects with results from its 2018 drill campaign. The company…
CIBC upgrades Imperial Metals with Newcrest investment in Red Chris
Imperial Metals ’ (TSX: III) deal with Newcrest Mining (ASX: NCM) to sell a 70% stake in its Red Chris mine in British Columbia averts a “liquidity crunch” for the…
Seabridge updates resource for Iron Cap in BC
Seabridge Gold (TSX: SEA; NYSE: SA) has tabled an updated resource estimate for its Iron Cap gold-copper porphyry project in British Columbia that increases the project’s indicated resource by 460,000…
Hudbay receives final permit for Rosemont construction
Hudbay Minerals (TSX: HBM; NYSE: HBM) has received the last key permit it needs to start building its Rosemont mine in Arizona. The U.S. Army Corps of Engineers issued a…