Gold

Market shrugs for NovaGold’s Galore Creek PFS

Vancouver – NovaGold Resources (NG-T, NG-N) has released a new prefeasibility study for its 50%-owned Galore Creek copper-gold project in Northern British Columbia, nearly six years after completing it the first time round.



Gold Mountain rises on Elk, financing

A junior led by Copper Mountain Mining’s (CUM-T) CEO, Jim O’Rourke, saw its shares jump as high as 50%, two days after it completed a qualifying transaction and a concurrent financing. 


Batero falls on the drill

Batero Gold’s (BAT-V) impressive market run over the last 12 months has hit a bit of a snag. The company’s shares have fallen 28% since releasing its latest drill results on July 27. In Toronto on July 28 its shares closed at $2.68 on 1.04…


Agnico-Eagle invests $70 million in Rubicon

Agnico-Eagle Mines (AEM-T, AEM-N) is making a $70 million strategic investment in Rubicon Minerals (RMX-T, RBY-X) that will give it 9.2% of the company’s outstanding shares.




Manson Creek shares surge on new gossans in Yukon

Shares of  Manson Creek Resources (MCK-V) surged 185.7% on news it had discovered three new natural spring gossans on its Tell property immediately south of Atac Resources’ (ATC-V) Rau claims in the Yukon.


Golden Star looks to get back on track

Golden Star Resources (GSC-T, GSS-X) recently reported an initial resource estimate for its new Buesichem South deposit in Ghana, days after posting lower operating results for the second quarter.


Standard Chartered says gold could hit US$5,000 per oz.

After a decade-long bull market “the gold mining industry has done little to bring on new supply,” Standard Chartered concludes in a new report, arguing that the gold market is likely to be in deficit until at least 2015.


Strong drill results from Haile

Romarco Minerals (R-T) is continuing to see high-grade results from its Haile gold property in South Carolina as part of its ongoing drill program.


At Wallbridge Mining's Broken Hammer copper-platinum-palladium-gold project near Sudbury, Ont., from left: manager of joint ventures Joshua Bailey; director Darryl Sittler; president and CEO Alar Soever; director Parviz Farsangi; and chairman Warren Holmes. Photo by Salma Tarikh

Wallbridge eyes producer status

It’s been a slow ride for Wallbridge Mining (WM-T), but one that has been picking up. With one spin out, another in the making and a project near production, the explorer is ready to change gears. 


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