Equinox Gold grows Mesquite resource in California
Equinox Gold (TSX: EQX; NYSE: EQX) has released new reserve and resource numbers for its Mesquite mine in California and for the Fazenda Brasileiro and Riacho Dos Machados mines in…
Gold
Ascot on track for late 2022 production at Premier gold project in BC
Ascot Resources (TSX: AOT) has received the ball and SAG mills at its Premier gold-silver project in British Columbia’s Golden Triangle, putting the junior on track to restart production in…
i-80 Gold to create Nevada complex through asset exchange with Nevada Gold
U.S.-focused gold miner i-80 Gold (TSX: IAU; US-OTC: IAUCF) has inked a deal with Nevada Gold Mines that will help it create a major mining complex in the precious metals-rich state…
SolGold to cut back on exploration projects
Ecuador-focused SolGold (TSX: SOLG; LSE: SOLG) is trimming its exploration portfolio in a bid to free up cash to focus on its best targets as it advances development of the giant Cascabel copper-gold…
US markets mixed, Aug. 30-Sept. 3
The Dow Jones Industrial Average dropped 86.71 points or 0.25% to finish the August 30 to September 3 trading week at 35,369.09 and the S&P 500 climbed 26.06 points or…
Major Drilling results confirm rebound in exploration – as well as rising costs for miners
Rebounding exploration activity has propelled Major Drilling’s (TSX: MDI) revenues and earnings to a nine-year high. In the company’s first quarter of fiscal 2022, ended July 31, the Moncton-based drilling company reported revenues of $151 million – up 69% from the same…
Barrick, NovaGold closer to Donlin mine decision
Joint-venture partners Barrick Gold (TSX: ABX; NYSE: GOLD) and NovaGold Resources (TSX: NG) have published the first results of their 24,000-meter drill program for their Donlin gold project in southwestern…
Australia’s Orminex acquires gold projects in Canada
Western Australia-focused Orminex (ASX: ONX) is acquiring Nippon Dragon Resources’ (TSXV: NIP) interest in two gold projects in Canada’s Abitibi region. The projects — Rocmec, 35 km west of Rouyn-Noranda,…
Agnico Eagle increases stake in Candelaria Mining to 19.6%
Agnico Eagle Mines (TSX: AEM; NYSE: AEM) has upped its interest in Candelaria Mining (TSXV: DCAND; US-OTC: CDELF), with an additional $6 million investment bringing its ownership in the Mexico-focused…
Kirkland Lake Gold adds 10M oz. gold to Detour Lake resources
Kirkland Lake Gold (TSX: KL; NYSE: KL; ASX: KLA) has released a mid-year updated resource estimate for its Detour Lake mine in Ontario, adding another 10.1 million oz. of contained…
AngloGold eyes Argentina projects in partnership with Latin Metals
Latin Metals (TSXV: LMS; US-OTC: LMSQF) may have scored big after inking a potential partnership deal with one of the world’s biggest gold miners – AngloGold Ashanti (NYSE: AU) – for its…
Torex releases three-year guidance for ELG, Media Luna plans
Torex Gold Resources (TSX: TXG) has released its multi-year production outlook for the El Limon Guajes (ELG) gold mining complex in Mexico, about 180 km southwest of Mexico City. The…