Gold stocks are an exceptionally-volatile sector not for the faint of heart.
Gold Mining News
The reassessments were related to income generated by Wheaton’s wholly-owned foreign subsidiaries operating outside of Canada.
The company completed its 2018 exploration program on the Esperanza Resources mineral concessions.
Catherine McKenna said that if mitigation measures are taken, Greenstone Gold Mines’ project is not likely to cause significant adverse environmental effects.
If prices come down, we might see some buying because both the new year and the Chinese new year are coming up.
The refinery will initially be able to produce 3 metric tons of gold each month, and 1 ton of silver.
The company produces copper and gold at its Red Chris, Mount Polley and Huckleberry mines and lead and zinc at half-owned Ruddock Creek mine, all in British Columbia.
Paulson's campaign could have implications across the sector, where activism is historically low, returns have been disappointing, compensation is above-average and insider ownership is below-average.
The Toronto-based company, which already owns 15% of Reunion, said the fresh $2.27-million investment leaves its stake in the Quebec-based miner unchanged.
Wesdome Gold Mines of Toronto has circulated an interim mineral resource for its 100% owned Kiena mine complex in Val d’Or.
Paulson, who owns about 6% stake in the gold miner, had nominated eight members to the board.
Shares of ATAC Resources plunged 25% on news that Barrick Gold is terminating its earn-in joint venture on the junior’s Orion project.
Workers downed tools in November after the bullion producer announced plans to cut 1,100 jobs at the mine - near a third of its workforce.
Potentially putting an end to a strike that has seen almost half of its employees down tools since mid-November.
The company expects to produce at least 330,000 oz. gold in 2018 at Fosterville.
Together with the acquisition, the Vancouver-based miner will change its name to Norra Metals Corp.
The Toronto-based miner needed to complete a change of land use payment.
Pit constrained measured and indicated resources are 22.4 million tonnes grading 1.13 g/t gold and containing 813,000 oz.
The complex produced more than 1.0 billion lb. of copper and almost 206,000 oz. of gold.
Prospecting, rock and soil geochemical sampling graded as high as 231 grams per tonne silver, 2.83% copper and 6.15% zinc at the Dragon Tale zone over an area measuring 1.4 km by 0.7 km.
A deal would be a major victory for Bristow as he prepares to take the helm of Barrick in January
Undergraduate mining engineering program enrollment dropped 12% between 2015 and 2016.
The company received approval for a three-year extension of its mining concessions for the Posse gold deposit.
Combined indicated and inferred resources for the satellite deposit, located 15 km northwest of its Essakane operation in Burkina Faso, amount to 376,000 gold ounces.
Harte Gold's Sugar Zone mine is on track to declare commercial production before year-end.