Site visit: Maple Gold takes fresh look at Douay
AMOS, QUEBEC — Over the last four decades, a series of owners have carved out a resource of nearly three million ounces of gold below the 30 metres of overburden…
Agnico Eagle Mines
Renaud Adams invests in Radisson Mining
Veteran miner Renaud Adams, who recently sold Richmont Mines to Alamos Gold (TSX: AGI; NYSE: AGI) in a deal valued at about US$770 million, is investing in Radisson Mining Resources…
Candelaria Mining dodges politics at Caballo Blanco in Mexico
After acquiring the Caballo Blanco project in the Mexican state of Veracruz a little more than a year ago, Candelaria Mining (TSXV: CAND) prepared a new environmental impact assessment (MIA)…
Paulson & Co. aim to stop ‘serial value destruction’
An analysis of 13 of the largest publicly listed gold companies shows that total shareholder returns have been “dreadful” since 2010 and management must be made accountable, Marcelo Kim, a…
Quebec’s Orbit Garant drills most since 2012
After a lengthy downturn across the industry, Orbit Garant Drilling (TSX: OGD) drilled more metres in fiscal 2017 than during any other year since the peak of the last cycle…
GoGold Resources sells Santa Gertrudis to Agnico Eagle
GoGold Resources (TSX: GGD) is selling its Santa Gertrudis gold project in Sonora, Mexico, to Agnico Eagle Mines (TSX: AEM; NYSE: AEM) for US$80 million in cash to eliminate debt….
Gold juniors reap investment windfall from majors
Direct investment in TSX-listed shares of junior gold companies is the highest it’s been in the last 10 years, CIBC World Markets says in a report. The bank’s research analysts…
TSX ends lower, June 12-16
The S&P/TSX Composite Index dropped 1.81% to 15,192.54. The S&P/TSX Global Mining Index fell 6.11% to 61.44, the S&P/TSX Global Gold Index lost 5.41% to finish at 197.95, and spot…
Castle Silver Resources markets cobalt potential to Asian buyers
A junior with properties in northern Ontario containing past-producing silver and cobalt mines says metal traders and carmakers in Japan and battery manufacturers in China are eager to lock up…
Agnico Eagle invests $10M in Mexico-focused Candelaria Mining
Less than a year after picking up the Caballo Blanco project in Mexico for US$17.5 million, Candelaria Mining (TSXV: CAND) has pulled in a $9.8-million strategic investment from Agnico Eagle…
Ivanhoe veteran Hornor ventures into gold with Aurvista
VANCOUVER — Matthew Hornor, protégé of mining mogul Robert Friedland and veteran of Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF), has taken the helm of Aurvista Gold (TSXV: AVA) as president…
Osisko Mining expects winnings from Windfall
Osisko Mining’s (TSX: OSK) 400,000-metre drill program at its Windfall project in Quebec should lead to a resource update before year-end, a feasibility study and permitting in 2018, and construction…