The release of Klondex Mines' full-year and fourth-quarter numbers for 2016, as well as limited guidance for 2017, prompted commentary by analysts following the company's operations in both the United States and Canada.
Nevada Mining News
When Nevada became a state in 1864, an estimated 60 million acres were available for mineral entry in Nevada, of that total 16 million acres have been withdrawn.
Just 4.94 million ounces was extracted from Nevada's 30 mines in 2014.
Barrick Gold (NYSE, TSX:ABX) has exited a joint venture agreement to develop a property in Nevada, citing budgetary constraints.
Vancouver junior joint venture partners' stock jump after latest set of drilling results from Nevada property.
Corvus Gold announces most significant drill results in terms of grading and width at 100%-owned North Bullfrog project 200km northwest of Las Vegas.
The Nevada gold-mining industry is keeping its ear carefully tuned to what residents think of the state's mining tax.
The project lies in the northern portion of a prolific belt of silver+/-gold deposits in the Humboldt Range in Pershing County that includes the evolving Spring Valley Project, being developed by Midway Gold and Barrick.
Vancouver junior's summer drilling at Kinsley Mountain Nevada hits new oxide gold mineralization zone near last year's high grade Western Flank discovery.
A local resistance movement has been trying to stop development of El Tambor gold mine.
Shares in Denver-based developer up 18% in a week with first gold pour from $161m Pan project now expected in fourth quarter.
Thursday's report highlighted the 12-hole, 4,230-metre 2014 winter diamond drilling program at the Western Flank.
This will authorize additional area for surface exploration, reducing operational and regulatory uncertainty for the project and extending the proposed project life.
The company hopes to capitalize on the forecast increased global demand for zinc.
Vancouver's Corvus Gold lost nearly 6% on Thursday after releasing latest results from drilling at its North Bullfrog project in Nevada.
Vancouver junior is expanding summer drilling after step outs at recent Kinsley Mountain discovery returns 10.6 g/t over 30.0m, including 16.1 g/t over 16.5m.
Total consideration paid at closing to Goldcorp and Barrick was $275 million.
6.85 g/t gold over 41.7 metres
Other two Canadian jurisdictions —New Brunswick and Newfoundland and Labrador— also made it to the top 10 worldwide. Kyrgyzstan and Venezuela, named the two countries mining enthusiasts should stay away from.
TSX-listed Americas Bullion Royalty Corp nets $23 million after settling debt deal.
Barrick and Goldcorp said to be ready to wave their Marigold mine good-bye.
Residents of a Northern Nevada town are $20 million richer after reaching a settlement with a company accused of covering up a leaking World War II-era copper mine, the Associated Press reports. Seven hundred neighbours […]
Cutting average costs by $100 an ounce in 2013 and no new mines planned.
See which gold producers are making the grade.