S&P upgrades Barrick credit rating
S&P Global Ratings has upgraded Barrick Gold’s (TSX: ABX; NYSE: GOLD) long-term corporate credit rating a notch from BBB to BBB+. With a ‘stable’ outlook, S&P in a note said…
Gold
Osisko Development closes US$32.8M final tranche of non-brokered financing
Osisko Development (TSXV: ODV) has closed the second tranche of its previously announced non-brokered private placement. More than 9.4 million subscription receipts of the company were issued under this tranche…
Pure Gold Mining needs to raise $50M to keep its Red Lake mine running
Shares of Pure Gold Mining (TSXV: PGM) fell to its lowest in a year after the company announced it will need to raise funds within the next 30 days to…
TSX Venture Exchange rises, Mar. 21-25
The S&P/TSX Venture Composite Index rose 19.65 points or 2.3% over the Mar. 21-25 trading week to end at 866. The top two gainers on the Venture Exchange by value…
Mining among sectors most affected by climate change in the US
Mining, together with construction, retail trade and services, is among the sectors most affected by cold and wet weather consequence of climate change in the United States. A recent study…
Global Gold Snapshot: Eight companies scouring the globe for gold
With gold prices approaching US$2,000 per oz., gold exploration and mine development remain important drivers for many mining companies. Here are eight global gold explorers to watch. ANACORTES MINING Vancouver-headquartered Anacortes…
Spanish transport strike halts Orvana’s Orovalle operation
An ongoing transportation strike in Spain has accentuated supply chain disruptions that have forced Canadian miner Orvana Minerals (TSX: ORV) to suspend operations at the critical Orovalle copper-gold operation in…
Orla Mining lays out its Mexico and Panama exploration aims
Following the first gold pour in December at Orla Mining’s (TSX: OLA; NYSE: ORLA) Camino Rojo oxide gold mine in Mexico, the company is embarking on a 2022 exploration strategy…
New Found drills 69.2 grams gold over 14.2 metres at Golden Joint, demonstrating width of high-grade vein
New Found Gold (TSXV: NFG) has released assay results from 23 diamond drill holes designed to expand the high-grade gold mineralization at the Golden Joint and Lotto discoveries, located within…
Ariana Resources rises on Newmont exploration alliance
The London-quoted equity of Ariana Resources (AIM: AAU) gained more than 10% on Thursday after it announced an exploration alliance with the world’s biggest gold producer, Newmont Corp (NYSE: NEM,…
Wallbridge goes underground at Fenelon Area 51 zone to confirm continuity and grade
Wallbridge Mining Company (TSX:WM; OTC: WLBMF) has finished the underground development allowing it direct access to the Area 51 zone at its flagship Fenelon gold project. The deposit is 75…
The view from England: Gold’s copper foil
Like opposing characters in a literary plot, gold and copper highlight aspects of the other’s attributes and values. Writers frequently use opposing characters to build drama or create conflict, classically…