Photos of Victoria Gold accident show heap leach landslide in Yukon
Victoria Gold (TSXV: GCX) has suspended operations at its Eagle mine in the Yukon after an accident at its heap leach pad. There were no injuries, the company said. The…
Gold
Skeena secures $1B finance package for Eskay Creek gold-silver development
Skeena Resources (TSX: SKE; NYSE: SKE) is getting US$750 million ($1.02-billion) in funding from Orion Resource Partners to finish the Eskay Creek mine redevelopment in northern British Columbia. Orion will…
Gold Reserve raising US$30M to bid for Venezuela’s Citgo in asset seizure dispute
Gold Reserve (TSXV: GRZ; US-OTC: GDRZF), an exploration company that’s still trying to collect on what it’s owed by Venezuela for a 2008 expropriation of its Brisas gold project, is…
Agnico boosts stake in Maple Gold as companies end Quebec JV
Agnico Eagle Mines (TSX: AEM; NYSE: AEM) has raised its stake in Maple Gold Mines (TSXV: MGM) to just under 20% after the companies ended their 50-50 joint venture at…
Kenorland targets gold, lithium in first Ontario exploration program
Kenorland Minerals (TSXV: KLD) said Monday it has started exploration in northwestern Ontario’s Red Lake district and Wabigoon subprovince. The work involves multiple regional-scale surface exploration programs at its South…
Sitka buys Victoria Gold’s abutting Clear Creek in Yukon
Sitka Gold (TSXV: SIG) (OTCQB: SITKF) is expanding in the Yukon by acquiring the adjoining Clear Creek property from Victoria Gold (TSX: VGCX) in a cash and shares deal valued…
Gowest Gold to go private in deal that includes China-based investors
Citing tough financing markets, Canadian gold explorer Gowest Gold (TSXV: GWA) has agreed with a group of existing shareholders that collectively hold 91.5% of the company’s outstanding share capital to…
Beaty optimistic on Mexico ahead of cross-Canada bike trip to Equinox Gold’s mine opening
Mexico’s new leader is an improvement while Canada should be careful in blocking Chinese investment, according to Ross Beaty, the Canadian Mining Hall of Famer who founded Pan American Silver…
Nations Royalty listing marks Indigenous milestone
The Frank Giustra-backed Nations Royalty (TSXV: NRC), which may be the country’s first Indigenous company to focus on production contracts like net smelter returns, joined the Toronto Venture exchange on…
Agnico exits Quebec JV with Maple Gold, but keeps back-in option
Maple Gold Mines (TSXV: MGM; US-OTC: MGMLF) has consolidated ownership of the Douay and Joutel gold projects in southwestern Quebec after a restructuring ended its 50/50 joint venture with Agnico…
Barrick-backed Dakota Gold seeks Homestake-style lode
Dakota Gold (NYSE-A: DC) intersected more high-grade gold mineralization at the Maitland gold project in South Dakota showing similarities to the nearby former Homestake mine that produced 40 million oz….
M&A activity shows we’re far from a market top in commodities
There’s a long-held fable within investing circles that surging M&A activity can (at times) signal a market top. So, how does that come about? Just like regular investors, major corporate…