Barrick's South Arturo loses top spot, two other Barrick mines dropped from top 10 ranking.
Premier Gold Mines Mining News
Shares of Premier Gold Mines went up 7% at Monday's market open on news of a high-grade discovery at the McCoy-Cove project in Nevada.
The San Felipe property is located 55 kilometres from the company's Mercedes mine in Sonora.
The project has probable open pit reserves of 141.7 million tonnes grading 1.02 g/t gold for 4.6 million contained oz.
Catherine McKenna said that if mitigation measures are taken, Greenstone Gold Mines’ project is not likely to cause significant adverse environmental effects.
Premier Gold Mines of Thunder Bay, Ont., has provided an update on development at the South Arturo joint venture in the Carlin Trend.
Under the agreement, Premier Gold can acquire a 100% stake in the 206-hectare Rodeo Creek land package.
Impressive increase in both size and grade from the 2013 resource estimate at its 100%-owned McCoy-Cove project in world-class gold district.
Charles Ronkos has joined the company as Executive Vice-President, Project Development - Americas.
Yamana will receive consideration in the form of cash and equity securities, the value of which was $140 million at the time of negotiations.
The stock has traded up 17.25% to $3.37 in the last five days.