Medgold Resources (TSXV: MED; US-OTC: MGLDF) is wrapping up a nearly 5,000-metre exploration program at its Tlamino gold-silver-lead-zinc project in southern Serbia that partner Fortuna Silver Mines (TSX: FVI; NYSE:…
The Tax Court of Canada has ruled in favour of Cameco (TSX: CCO; NYSE: CCJ) in the company’s decade-long dispute with the Canada Revenue Agency over tax reassessments for the…
Velocity Minerals (TSXV: VLC; US-OTC: VLCJF) recently tabled a preliminary economic assessment for its Rozino gold project in southeast Bulgaria and as a result will soon earn a 70% in…
Canada’s benchmark index fell 1.06% to 16,090.27 during a shortened trading week. The S&P/TSX Global Mining Index fell 4.3% to 62.70 and the S&P/TSX Global Gold Index fell 2.9% to…
Nevsun Resources (TSX: NSU; NYSE: NSU) has agreed to Zijin Mining’s (HGK: 2899) friendly take-over bid which values Nevsun at $6 per share or $1.86 billion. Nevsun shares jumped nearly…
Mawson Resources (TSX: MAW; US-OTC: MWSNF) recently announced results from 46 diamond drill holes spanning six prospects at its Rajapalot gold-cobalt project in Finland. The company assayed previously gold-only drill…
Senior lenders have agreed to extend Lydian International‘s (TSX: LYD) initial debt repayment by two weeks to August 31. The extension follows an earlier two-week extension from July 31 to…
VANCOUVER — Nevsun Resources’ (TSX: NSU; NYSE-AM: NSU) board is unanimously recommending shareholders reject Lundin Mining’s (TSX: LUN; US-OTC: LUNMF) bid to buy all of Nevsun’s shares at $4.75 per share, the…
Nevsun Resources (TSX: NSU; NYSE: NSU) reported a US$10.8 million loss in the second quarter of 2018, an US$11.3 million decline from the first quarter. Lower zinc prices and mined…
Canada’s benchmark index fell 0.25% to 16,393.95. The S&P/TSX Global Mining Index rose 0.98% to 72.68, while the S&P/TSX Global Gold Index fell 3.58% to 182.08. The gold price fell…
Rising discord between the U.S. and its major trading partners Canada, Europe and China put pressure on some stocks, while the rising U.S. dollar put pressure on gold. The Dow…
Firesteel Resources (TSXV: FTR; US-OTC: FIEIF) will start mining its wholly owned, past-producing Laiva gold mine in central Finland this August, just two months after releasing a preliminary economic assessment…
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