Tango Mining recovers 42.25 carat diamond from Oena
Vancouver-based Tango Mining (TSXV: TGV) has recovered a 42.25 carat diamond from run of mine gravel at the Oena diamond mine in westernmost South Africa. Tango plans to sell the…
Fast News
Banyan arranges nearly $1M financing
Banyan Gold (TSXV: BYN; US-OTC: BYAGF) has arranged a $931,000 private placement with insiders participating for $112,000, or 12%. It closed the private placement’s first tranche, worth half a million…
Tajiri raises $1.9M for work at Reo in Burkina
Vancouver-based Tajiri Resources (TSXV: TAJ) has closed a $1.9 million financing, with the net funds to be directed towards licensing and exploration at its newly acquired, grassroots Reo gold project…
Another management change at Roxgold, with Sapuppo to become CFO
In its third management change in as many months, Roxgold (TSX: ROXG) has appointed a new chief financial officer. Roxgold’s current CFO — Natacha Garoute — will stay in the…
CIBC analysts ponder Detour Gold suitors
Shares of Detour Gold (TSX: DGC) jumped nearly 12% yesterday on disclosure from one of the company’s largest institutional shareholders, Paulson & Co., that a potential acquirer is interested in…
De Beers bids $107M for Peregrine
De Beers has tabled a friendly bid for Peregrine Diamonds (TSX: PGD; US-OTC: PGDIF) of 24¢ in cash per share that values the Canadian diamond exploration company at $107 million….
Moneta extends mineralization at Golden Highway near Timmins
Moneta Porcupine Mines (TSX: ME; US-OTC: MPUCF) has identified a new mineralized shoot and two new veins at the South West deposit of its Golden Highway gold project, 110 km…
US Dept. of Commerce launches investigation of uranium imports
If the U.S. Trump administration extends its trade war to uranium it would be bullish for equities with U.S.-based assets, Haywood Securities commented in a uranium sector update. U.S. Commerce…
Avino sees copper output rise, silver-gold decline in Q2
Vancouver-based junior miner Avino Silver & Gold Mines (TSX: ASM; NYSE-AM: ASM) had a mixed second quarter of production at its Avino property in Mexico’s Durango state, with copper production…
Kerr funds Copperstone gold mine revival with US$27.6M financing
Kerr Mines (TSX: KER; US-OTC: KERMF) has agreed to a US$27.6 million prepaid forward gold financing with Pandion Mine Finance to fund its past producing Copperstone gold mine in Arizona…
Equinox Gold sells Koricancha mill, completes Castle PFS
Equinox Gold (TSXV: EQX; US-OTC: EQXGF) is selling its Koricancha mill in Peru to Inca One Gold (TSXV: IO) in a $16.3 million cash and share deal. The mill is about…