Blackwater looks far-off for New Gold
It looks as though New Gold (TSX: NGD; NYSE-MKT: NGD) will have to wait for more robust gold prices to get its Blackwater project into production.
New Gold Inc
SEG conference explores the future of geoscience
WHISTLER, B.C. — More than ever it seems the mining industry is trying to achieve efficient exploration and development: making lower-cost, geologically economic discoveries, and advancing these deposits towards production.
Toronto Stock Exchange, May 27-31
The S&P/TSX Composite Index slipped during the trading week, losing 16.8 points to 12,650.42, as investors considered the bleak economic data coming out of Europe and the U.S.
New Gold eliminates Mesquite hedges for US$65.7 million
VANCOUVER — Vancouver-based producer New Gold (NGD-T, NGD-X) has suffered similar market devaluation to its peers in recent months, with its shares dropping 40% or $4.44 since early January as gold prices have declined. However, the…
New Gold sees opportunity in $310M Rainy River deal
VANCOUVER — With junior equity valuations falling, it’s a good time for larger-cap companies to do a little bargain hunting. And that’s the case for producer New Gold (NGD-T, NGD-X), which has launched a friendly $310-million…
Kinross invests in Revolution Resources
Just a few short months since acquiring all of Lake Shore Gold’s (LSG-T, LSG-X) assets in Mexico, Revolution Resources (RV-T) has reeled in Kinross Gold (K-T, KGC-N) as a new shareholder.
PDAC celebrates 2013 award winners
The Prospectors & Developers Association of Canada (PDAC) handed out its annual awards at a gala during its eighty-first annual convention in Toronto this month. Award recipients were honoured for outstanding contributions and excellence in…
Lake Shore Gold sells Mexican assets to Revolution
Lake Shore Gold (LSG-T, LSG-X) is selling all of its Mexican properties to Revolution Resources (RV-T) so that it can keep its management team and finances focused on its Canadian assets.
Lassonde calls for new thinking in the exploration game
VANCOUVER — The final day of Mineral Exploration Roundup 2013 featured a keynote speech from industry veteran and Franco-Nevada (FNV-T, FNV-N) chairman Pierre Lassonde. Though best known for his often bullish stance on long-term gold…
Roundup 2013: What’s next for BC?
VANCOUVER — To kick off a conference highlighting exploration and mining in B.C., the Yukon and Alaska, the first morning at Roundup 2013 was dedicated to an overview of all things geological in the three regions. And while the details…
Province gets it right with Geoscience BC
VANCOUVER — A main thrust for the Association for Mineral Exploration British Columbia (AME BC) and its annual Mineral Exploration Roundup is continued support for public geoscience.
Roundup 2013: Lassonde calls for exploration ‘paradigm shift’
VANCOUVER — The final day of Mineral Exploration Roundup 2013 featured a keynote speech from industry veteran and Franco-Nevada (FNV-T, FNV-N) chairman Pierre Lassonde. Though best known for his often bullish stance on long-term gold…