Volume 101 Number 20 June 29 - July 5, 2015

Workers in the field at Kaminak Gold's Coffee gold project in west-central Yukon's White Gold district. Source: Kaminak Gold

MDRU sheds light on gold in the Yukon

VANCOUVER — When Underworld Resources, now Kinross Gold (TSX: K; NYSE: KGC), found the White Gold deposit in 2008 — a gold-only system near the prolific Klondike placer gold fields, 95 km south of Dawson City — it swept the…

An aerial view of Rubicon Minerals' Phoenix gold mine in Red Lake, Ontario. Source: Rubicon Minerals

Rubicon Minerals advances Phoenix on two fronts

Rubicon Minerals (TSX: RMX; NYSE-MKT: RBY) has poured the first gold at its Phoenix gold project in Red Lake, Ont., and expects to complete the commissioning phase of the mill in early July.

US equities rise, June 15-19

U.S. stocks eked out gains, despite concerns about whether Greece would reach a deal with its lenders to avoid a default. The Dow Jones Industrial Average climbed 0.6% to 18,014.28, while the S&P 500 Index added 0.7% to 2,109.99. The Nasdaq…

Drill core at Pure Gold Mining's Madsen gold project in Ontario's prolific Red Lake gold district. Credit: Pure Gold Mining.

Pure Gold advances exploration at Madsen

Pure Gold Mining (TSXV: PGM; US-OTC: LRTNF) has started a mid-year exploration program at its Madsen gold project in Ontario’s prolific Red Lake gold district, after encouraging results from its 5,000-metre drill program.

Drillers at Avnel Gold Mining's Kalana gold project in southwest Mali. Source: Avnel Gold Mining

Perseverance pays off for Avnel at Kalana in Mali

VANCOUVER — It’s been over a decade of preparation for Avnel Gold Mining (TSX: AVK) at its Kalana Main deposit in southwestern Mali, but now the company is on a path towards turning the small, former Soviet-run underground gold mine…

A drill site at Argonaut Gold's Magino gold project, 40 km northeast of Wawa, Ontario. Source: Argonaut Gold

Land deal with Richmont brings Argonaut drill success

About 2 km away from where Richmont Mines (TSX: RIC; NYSE-MKT: RIC) is producing gold from its Island gold mine, and exploring for more at its Island gold deep development project, Argonaut Gold (TSX: AR; US-OTC: ARNGF) is advancing its…

Machines at Galantas Gold's Omagh gold project in northern Ireland, 150 km west of Belfast. Source: Galantas Gold

Galantas Gold receives permits to build underground mine

Up until two years ago, Galantas Gold (TSXV: GAL) was producing a flotation concentrate containing gold, silver and lead from its small open-pit gold mine in northern Ireland, 150 km west of Belfast and 32 km from Dalradian Resources’…

Construction at Uranium Energy's    Palangana uranium project in South Texas. Source: Uranium Energy Corp.

Uranium Energy drops on ‘unfounded allegations’

Uranium Energy (NYSE-MKT: UEC) shares have plunged more than 30% since a negative blog post about the company triggered an investigation by two New York-based law firms of the Texas-based firm, leaving at least one analyst baffled.

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