Beaver Creek: Gold to soon hit US$3,000 amid short-term pullback
Gold is set to surge to at least US$3,000 per oz., says Florian Grummes, CEO of Midas Touch Consulting. But a short-term pullback to the US$2,050–US$2,150 range might happen first,…
Precious Metals
Yukon court OKs rare Indigenous bid for mine ownership
There could be landmark new life in the abandoned Minto copper-gold mine in the Yukon. The territory’s Supreme Court has approved a private bid by the Selkirk First Nation to…
AngloGold, Regis to take Havana gold mine underground
Tropicana gold mine partners Regis Resources (ASX: RRL) and AngloGold Ashanti (NYSE: AU; JSE: ANG) are going ahead with the A$114-million (US$76 million) Havana underground project in Western Australia. The…
Ascot halts Premier gold mine operations in BC just months after first pour
The Toronto-quoted shares of Ascot Resources (TSX: AOT; US-OTC: AOTVF) cratered Friday after suspending operations at its Premier gold mine less than five months after celebrating its first gold pour….
Site visit: Equinox Gold’s newest mine to launch it into the 1M oz per year club
GERALDTON, ONT. — Through the slight haze of dust kicked up by a passing haul truck loaded with ore at Equinox Gold’s (TSX: EQX; NYSE: EQX) Greenstone mine, visitors can…
First Majestic to expand in Mexico with US$970M Gatos Silver buy
First Majestic Silver (TSX: AG; NYSE: AG) is buying fellow Canadian explorer and developer Gatos Silver (TSX: GATO; NYSE: GATO) in an all-share transaction valued at US$970 million. The move…
Thesis Gold boosts investment return at Lawyers-Ranch project in BC
A new study combining Thesis Gold’s (TSXV: TAU; US-OTC: THSGF) Ranch gold-silver project in British Columbia with Lawyers, acquired through its takeover of Benchmark Metals last year, shows a 35% post-tax…
Alamos tables high-return Puerto Del Aire mine plan
Alamos Gold’s (TSX: AGI; NYSE: AGI) development plan for its Puerto Del Aire (PDA) high-grade underground gold project in northwest Mexico boasts a net present value at least 63% higher…
Probe Gold shares pop on Val-d’Or East update that doubles resources
Probe Gold (TSX: PRB) shares jumped as high as 22% to $1.55 early trading Thursday after the company nearly doubled its Val-d’Or East resource base. The company grew global resources…
Allied Gold inks decade-long deal with Mali junta
Allied Gold (TSX: AAUC) has signed a preliminary agreement with Mali for a 10-year permit on its Sadiola mine and production from the nearby Diba deposit while the military government…
Blackrock Silver PEA nearly doubles value of Tonopah West project over costs
A preliminary economic assessment (PEA) for Blackrock Silver’s (TSXV: BRC; US-OTC: BKRRF) Tonopah West project in southwest Nevada gives it a net present value almost double its initial capital costs,…
Alamos Gold hints at tripling Mulatos district mine life
High-grade drill results from Alamos Gold’s (TSX: AGI; NYSE: AGI) Puerto Del Aire (PDA) and Cerro Pelon deposits signal future growth in Mexico’s Mulatos district. Results from both targets expanded…