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 of the old Anaconda mine, …
Cutting average costs by $100 an ounce in 2013 and no new mines planned.
See which gold producers are making the grade.
Meanwhile try avoiding Indonesia, Vietnam, Venezuela, Democratic Republic of Congo (DRC), Kyrgyzstan, Zimbabwe, Bolivia, Guatemala, Philippines, and Greece, says Canada's leading public policy think-tank.
Miners in the state are bucking the trend of declining new deposits.
Researcher shares the names of companies that he feels have the right stuff.
Denver-based Midway Gold Corp. is up sharply after a strategic investor pays 37% premium for shares.
Despite opposition by residents, a Storey County panel has recommended plans by a mining company to haul truckloads of ore on a winding state highway frequented by tourists.
While the price and number of units to be offered has not yet been determined, the proceeds will be used to pay for administrative fees and increase working capital.
Located in Northwestern Nevada, along the southern edge of the Humboldt Range, lies the Relief Canyon Mine. Situated 110 miles northeast of Reno and 16 miles east / northeast of Pershing County’s Lovelock, the gold mine lies dormant.
Crown Gold Corporation ("Crown" or the "Company") (TSX VENTURE:CWM) announces that it has signed an agreement with a subsidiary of Hecla Mining Company for the sale by Crown of certain unpatented mining claims and the transfer and/or assignment of certain mining leases and other assets comprising Crown's Monte Cristo property in Esmeralda County, Nevada, U.S.A. (collectively, the "Purchased Assets") for US$4,500,000 in cash, plus a potential additional purchase price payment of US$1,000,000 conditions are met.
Victoria Gold Corp. (TSX VENTURE:VIT) "Victoria" or the "Company") ("Victoria" or the "Company") is pleased to announce that it has entered into a Purchase and Sale Agreement (the "PSA") with a wholly-owned subsidiary of Barrick Gold Corporation ("Barrick"), to sell its interest in the Mill Canyon Property (the "Property"), located in Eureka and Lander Counties, Nevada.
MAX Resource Corp. (TSX.V: MXR; OTCBB: MXROF; Frankfurt: M1D) has entered into a Mineral Lease with New Nevada Resources, LLC ("NNR") for 560 acres of mineral rights ("Section 33) immediately adjacent of its Majuba Hill copper/silver/gold project in Nevada where soil sampling in 2011 identified a high grade soil anomaly covering a 1.5 km by 2 km area that returned values as high as 1.53% Cu and 209 g/t Ag in soils.
The mining industry in Nevada is becoming a catalyst for an employment revival.
A trio of geologists that led Fronteer Gold to glory, add substance to their contention the Kinsley Mountain project bears likeness to their former baby, Long Canyon, now held by Newmont.
Stock in both US Gold Corp and Minera Andes charged ahead more than 7% in morning trade on Friday after announcing that their respective shareholders voted in favour of a proposed business combination. The new entity, with projects in the US, Mexico and Argentina will be named McEwen Mining and headed by industry veteran Rob McEwen.
It was déjà vu all over again as witnesses complained to a newly appointed Nevada mining oversight panel about mining pollution, mining taxation, mining safety, and mining environmental impacts.
Klondex Mines Ltd. (TSX: KDX) ("Klondex Mines" or the "Company") announced today that it has entered into an agreement with a syndicate of underwriters lead by GMP Securities L.P. and including Mackie Research Capital Corporation, Jones, Gable & Company Ltd. and Fraser Mackenzie Limited (the "Underwriters"), pursuant to which the Underwriters have agreed to purchase 8,400,000 units (the "Units") of the Company, at a price of C$2.50 per Unit (the "Offering Price") for aggregate gross proceeds to Klondex Mines of C$21,000,000.00 (the "Offering").
Huffington Post reports federal safety investigators say two Nevadans were killed in a mining accident partly because someone wedged a broom handle against a reset button to bypass an alarm that would have shut down the system.
Intierra Resource Intelligence yesterday forecast that if individual site production continues in line with first-half 2011 results, only one of the world's top ten gold mines will surpass the production levels it achieved in 2010. The Cortez mine in Nevada is the only site heading for an improved 2011. Cortez has a growth rate of 37% and returned a large second quarter production figure of 419,000 oz.
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