U.S. markets mixed, Feb. 15-19
The Dow Jones Industrial Average rose 35.92 points (0.11%) to 31,494.32 during the Feb. 15-19 trading week and the S&P500 fell 28.12 points (0.72%) to 3,906.71. Spot gold finished the…
Agnico Eagle Mines
Gatling Exploration’s shift in focus starts to pay off at Larder
Initial assays from Gatling Exploration’s (TSXV: GTR; US-OTC: GATGF) 25,000-metre drill program at its Larder gold project in northern Ontario are validating the company’s decision to shift its exploration strategy to focus…
Rupert Resources reports more assays from Pahtavaara project in Finland
Rupert Resources (TSXV: RUP) reported new results from its 60,000 metre drill program in Finland and noted that the latest holes have increased the maximum intersected vertical depth at its…
Gatos Silver puts Mexican mine into production and then lists on TSX/NYSE
It’s unusual for a privately held company to put a mine into production before it becomes a publicly listed company. “It’s incredibly rare – by and large it’s virtually impossible…
Focus on the positive: M&A and strong metal prices in the year ahead
With rising Covid-19 infections, a new and more infectious variant of the virus, and a vaccination rollout slower than most would like, along with the sickening scenes from Washington, D.C….
Agnico snaps up Nunavut miner TMAC in friendly deal
Only two weeks after the federal government blocked a takeover of struggling Nunavut gold miner TMAC Resources (TSX: TMR) by China’s Shandong Gold Mining, TMAC has found itself in the…
Rupert Resources’ Ikkari target continues to grow
Since 2019 Rupert Resources (TSXV: RUP) has made six discoveries at its 100%-owned Pahtavaara gold project in Finland’s Central Lapland Greenstone belt – all of them have been under 10-15…
Amex Exploration has ten drills turning at Perron project
Amex Exploration (TSXV: AMX; US-OTC: AMXEF) is on track to complete the remaining 148,000 metres of its 300,000 metre fully funded drill program in 2021 at its Perron project, 110…
Yamana to acquire Monarch Gold in $152M deal
Yamana Gold (TSX: YRI; NYSE: AUY; LSE: AUY) is expanding its footprint in the precious metals-rich Abitibi region of Quebec by acquiring all shares in smaller rival Monarch Gold (TSX:…
Yamana raises dividend 50% on blowout earnings
Yamana Gold (TSX: YRI; NYSE: AUY; LSE: AUY) announced drill results that provide further support for the development of a future underground operation at the East Gouldie, Odyssey and East…
Young Mining Professionals announces 2020 scholarship winners
Young Mining Professionals (YMP) has announced its 2020 scholarship recipients. A total of $61,500 in scholarships has been awarded to students studying mining-related programs in Canada. “The scholarships are not…
O3 Mining advances gold projects in Quebec
O3 Mining (TSXV: OIII) completed a preliminary economic assessment (PEA) of its Marban gold project in Quebec after only four months, and is on track to start a prefeasibility (PFS)…