Seabridge and Eskay Mining ink road cost-sharing accord
Seabridge Gold (TSX: SEA) and junior explorer Eskay Mining (TSXV: ESK) have agreed to share the $12 million construction bill of the first stage of an access road to the…
Gold
Banyan Gold sees district potential as AurMac drilling heats up, says CEO Tara Christie
Explorer Banyan Gold (TSXV: BYN) is on track to deliver a second resource estimate early in 2022 for its flagship AurMac property in the Yukon, president and CEO Tara Christie…
Callinex reports wide intersections of copper at Rainbow
Drilling at Callinex Mines’ (TSXV: CNX; US-OTC: CCLXF) Rainbow deposit in Manitoba has returned wide intersections of high-grade copper. Drill hole PBM-129-W2 hit a broad interval of 67 metres grading…
New Found Gold discovers new high-grade gold zone at Queensway
New Found Gold (TSXV: NFG; US-OTC; NFGFF) has found a new high-grade zone at its 100%-owned Queensway gold project in Newfoundland, 15 km west of Gander. The discovery hole, NFGC-21-241, intersected…
Strong gold and copper growth forecast as covid disruption subsides – report
Worldwide gold and copper production growth will resume in all earnest following the stop-start nature of Covid-19 disruption that miners have experienced at times during the past 18 months, two…
Vizsla Silver picks up the pace at Panuco
Success didn’t come immediately for Vizsla Silver (TSXV: VZLA; US-OTC: VIZSF) when it began its first drill program at its Panuco silver-gold project, in Mexico’s Sinaloa state, in early 2020,…
Falco moves closer to Horne 5 development with Glencore agreement in principle
Falco Resources (TSXV: FPC) and Glencore (LSE: GLEN) have signed an agreement in principle that paves the way for Falco to develop its Horne 5 project in Quebec. The agreement…
Magna Gold declares commercial production at San Francisco mine
Magna Gold (TSXV: MGR; US-OTC: MGLQF) has declared commercial production at its 100%-owned San Francisco gold mine in Sonora, Mexico. That puts the company on track to meet its 2021…
Equinox Gold begins mining at Santa Luz
According to the company, construction remains on track to commence commissioning in Q4 2021 and pour gold in Q1 2022.
Fortuna Silver shareholders back acquisition of Roxgold
Shareholders of both Fortuna Silver Mines (TSX: FVI; NYSE: FSM) and Roxgold (TSX: ROXG) have approved the business combination of the companies in an all-share deal valued at about $1 billion (US$884.3 million) The deal, first announced…
More consolidation expected as Atlantic Canada’s gold rush gathers steam
Atlantic Canada-focused gold juniors are driving an exploration boom in provinces not previously noted for their gold production. The increasing sentiment has one analyst calling for caution as the market…
US markets rise, June 21-25
The Dow Jones Industrial Average jumped 3.37% to finish the week at 34,433.84 and the S&P 500 climbed 2.74% to 4,280.70. Spot gold increased by US$17.70 per oz., or 1%, to…