Pure Gold to update Madsen PEA in Q3
Pure Gold Mining (TSXV: PGM) has reached several milestones this year at its Madsen project in northwestern Ontario’s Red Lake district, and is on track to reach several more before…
Volume 103 Number 19 September 18 – October 1, 2017
Silver Bear shares tumble
Shares of Silver Bear Resources (TSX: SBR) dropped after two major Russian shareholders announced that they are converting promissory notes at a sharp discount to the junior’s share price. Inflection…
Kirkland Lake rides high grades towards banner year
VANCOUVER — Kirkland Lake Gold (TSX: KLG) has been on a tear in 2017 thanks to high gold grades and strong operating performances at its two flagship assets: the Macassa operation…
CleanTeq signs offtake agreement with Chinese company
Robert Friedland, co-chairman of CleanTeq Holdings (ASX: CLQ) and a major shareholder, with 16% of the company’s outstanding shares, has signed an offtake deal with a Chinese company to supply…
Probe Metals identifies shallow discoveries
Probe Metals (TSXV: PRB; US-OTC: PROBF) has found shallow gold mineralization at its Val-d’Or East project in northern Quebec. The junior explorer reported to the market in August that expansion…
TMAC tackles gold recovery issues at Hope Bay
VANCOUVER — TMAC Resources (TSX: TMR; US-OTC: TMMFF) has slashed annual production estimates and suspended cost guidance at its wholly owned Hope Bay gold project in Nunavut due to “processing issues”…
Nevsun halves Bisha mine life, revises Timok study plans
Newly appointed CEO Peter Kukielski hasn’t wasted time putting his imprint on Nevsun Resources (TSX: NSU; NYSE-MKT: NSU). The Stanford University-educated civil engineer, who joined the company in May, is…
First Quantum defends copper hedging amid rising prices
VANCOUVER — First Quantum Minerals (TSX: FM; LON: FQM) met expectations during the second quarter by most production metrics, but a copper-hedging program from two years ago has held back its…