Volume 99 Number 19 Jun 24 - 30, 2013

Looking down at Premier Gold Mines' Trans-Canada gold project in northwestern Ontario's Beardmore-Geraldton greenstone belt. Source: Premier Gold Mines

Premier gathers momentum on grade

Many stocks within the junior gold sector are languishing, but Premier Gold Mines (PG-T) is showing there is still life for explorers that find the grade.

Geologist Nicole Lasanen standing in front of a drill on hole 21, the discovery hole for the Llama Lake Zone. Source: Sabina Gold & Silver

Sabina raises funds for Back River’s exploration

Sabina Gold & Silver (SBB-T) is raising $20 million to keep the drills turning on its advanced-stage Back River gold project in Nunavut’s West Kitikmeot region, a move that has one analyst scratching his head.  

Herv Thiboutot, Integra Gold senior VP of exploration, leads a tour of the historic Lamaque gold mine in Quebec. Source: Integra Gold

Integra Gold expands drill program at Lamaque

Integra Gold (ICG-V) is delaying the release of an updated resource estimate that was scheduled for later this month, not because it has fallen on hard times like so many other juniors these days, but because new results from its 2013 drill…

TSX Venture Exchange, June 10-14

The S&P/TSX Venture Composite Index lost ground for the second consecutive week during the trading period, with the exchange dropping 1.9%, or 17.83 points, en route to a 933.57-point close. The Venture lost ground early in the week on…

U.S. markets, June 10-14

U.S. stocks retreated for the third week in a row, with the Dow Jones Industrial Average dipping 1.2% to 15,070.18, the S&P 500 Index off 1% to 1,626.73 and the Nasdaq Composite down 1.3% to 3,423.55. Markets were volatile ahead of the…


In last week’s story “Selwyn’s boardroom battle hits fever pitch,” Benedict Cubitt was incorrectly identified as being with Resource Capital Funds, when in fact he is with Samara Capital. We apologize for the error.

Miners at Teranga Gold's Sabodala gold mine in Senegal, 650 km southeast of the capital Dakar. Source: Teranga Gold

Teranga aims to boost Sabodala with Oromin bid

VANCOUVER — Toronto-based producer Teranga Gold (TGZ-T, TGZ-A) is taking a second swing at Vancouver-based junior Oromin Explorations (OLE-T) with an all-share acquisition offer. Teranga’s target is Oromin’s 43.5% stake in the…

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