Investing News Network

5 Top Weekly TSX Stocks: Gold Producers Lead the Way

By Georgia Williams Canada’s main stock index, the S&P/TSX Composite Index (INDEXTSI:OSPTX), opened higher on Friday (June 29), gaining 80.08 points or 0.49 percent, to 16,289.79 at open. The boost was a result of rising oil prices and a stronger dollar, backed by an uptick in energy stocks, which gained 1.1 percent. The financial sector,

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Clarification of News Release dated June 28, 2018, “Maiden Trenching Confirms Potential Sources of Gold Nuggets at Mt Roe.”

By Hamza Ghaznavi NxGold Ltd. (TSXV:NXN) announces that, as a result of a review by the Investment Industry Regulatory Organization of Canada (“IIROC”), the Company wishes to clarify its latest news release dated June 28, 2018. The Company has made numerous references to gold nuggets and or visible gold in the news release without providing

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Argonaut Gold Announces the Collegiate Tribunal Has Ruled to Reinstate the Explosives Permit at the La Colorada Mine

By Hamza Ghaznavi Argonaut Gold Inc. (TSX: AR) (the “Company”, “Argonaut Gold” or “Argonaut”) is pleased to announce that the Collegiate Tribunal (an arm of the State Supreme court that is tasked with overseeing the Judiciary court) has unanimously ruled to lift the suspension of the explosives permit at the La Colorada mine (see press

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Centenera Announces Non-Brokered Private Placement

By Hamza Ghaznavi Centenera Mining Corporation (TSXV:CT; OTC:CTMIF) announces a non-brokered private placement (the “Financing”) of up to 4,166,666 units (each, a “Unit”) priced at $0.12 per Unit to raise a total of up to $0.5 million. Each Unit will consist of one common share in the capital of the Company (each, a “Share”) and

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Sibanye at the Center of Climbing South African Mine Fatalities

By Nicole Rashotte Of the 47 deaths that have occurred at South African mines this year, Sibanye-Stillwater (NYSE:SBGL) is responsible for almost half of them, making the last six months the deadliest in the company’s five years of operation, says a Thursday (June 28) Bloomberg report. As the largest producer of gold in South Africa,

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Maiden Trenching Confirms Potential Sources of Gold Nuggets at Mt. Roe

By Hamza Ghaznavi NxGold Ltd. (TSXV:NXN) is pleased to provide an update on its 2018 exploration program at the Mt. Roe Project and the Prinsep Project located in the Pilbara region of Western Australia. The Company has recently completed an initial program of trenching and targeted follow-up work at Mt. Roe, and undertaken early reconnaissance

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Falcon Signs MOU with Vatic Ventures to Option Wabunk Bay Cobalt Claims, Northwestern Ontario

By Hamza Ghaznavi Falcon Gold Corp. (TSXV:FG) reports it has signed a Memorandum of Understanding (the “MOU”) with Vatic Ventures Corp. (“Vatic”) whereby Vatic may acquire a 60% interest in the Wabunk Bay cobalt claims. The Wabunk Bay property consists of two (cobalt, copper, nickel & PGE’s) mining claims in Earngey Township in the Red

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Aben Starts 2018 Drilling at High-Grade Boundary North Discovery in BC’s Golden Triangle Region

By Hamza Ghaznavi Aben Resources Ltd. (TSXV:ABN, OTCBB:ABNAF, FRA:E2L2) is pleased to announce that the drill is now turning at the Boundary North Zone discovery at the Company’s 100% held 23,000-hectare Forrest Kerr Gold Project located in BC’s Golden Triangle region. Aben’s 2018 program will encompass a 5000-metre diamond drilling program in approximately 18 holes

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Sandstorm Gold Boosts Production Guidance on Hod Maden PFS

By Nicole Rashotte Sandstorm Gold’s (TSX:SSL,NYSEAMERICAN:SAND) Hod Maden prefeasibility study (PFS), released on Tuesday (June 26), shows that the project has the capability to produce more than 2.6 million gold equivalent ounces over 11 years. The PFS outlines proven and probable mineral reserves of 2.61 million ounces of gold and 129,000 tonnes of copper. Average

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