Junior Mining News

Kaz Minerals surprises market with dividend, Russian copper project buy

By Cecilia Jamasmie Shares in Kaz Minerals (LON: KAZ) jumped Thursday after the copper miner declared its first dividend since 2012 and said it planned to expand its footprint in Russia, following the acquisition earlier this month of a project from Roman Abramovich, the owner of Chelsea soccer club. The Kazakhstan-focused company said it would […]

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Monarques Gold Announces Fourth Quarter Results

By Nicole Rashotte Monarques Gold Corporation (TSXV:MQR, OTCMKTS:MRQRF, FRANKFURT: MR7) reported its production results and other highlights for the fourth quarter ended June 30, 2018. Highlights are as follows: Monarques produced 4,695 ounces of gold in its fourth quarter, down 5 percent from 4,932 ounces the previous quarter. The corporation recorded revenues of US$10 million

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Pacton Enters into Definitive Agreement on the Drummond East Pty Ltd granted exploration licenses

By Pia Rivera Pacton Gold Inc. (TSXV: PAC) (the “Company” or “Pacton”) is pleased to announce that further to the binding letter of intent (“LOI”) signed earlier this year (see news release dated May 22, 2018) the Company has finalized and entered into a Share Sale Agreement (“Agreement”) to acquire 100% of the shares in

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Algold: Drilling Continues to Define and Extend Mineralization at Eleonore

By Pia Rivera ALGOLD RESOURCES LTD. (TSXV:ALG – the “Corporation”) today announced further preliminary assay results from its Phase IV 25,000-meter drilling campaign carried out on the Corporation’s Tijirit property (“Tijirit”) in Mauritania. Highlights Hole T18RC059 (Eleonore South) – 37.35 g/t Au over 2 meters, including 60.7 g/t Au over 1 meter on section E8380,

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US to roll plans allowing mining on land removed from monuments

By Cecilia Jamasmie The US administration is not waiting to hear the results of ongoing legal challenges to President Donald Trump’s order to scale back two nationals monuments, as it’s moving forward with plans to allow mining and oil extraction in the newly-opened areas. Land that once belonged to the Bears Ears and Grand Staircase-Escalante

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Energy Firm’s New Distribution Relationships ‘Aid Revenue Build’

Source: Streetwise Reports 08/16/2018 A Mackie Research Capital Corp. report points out signs that this company keeps progressing toward steady revenue. In an Aug. 12 research note, analyst Nikhil Thadani with Mackie Research Capital Corp. reported that since June 2018, Eguana Technologies Inc. (EGT:TSX.V; EGTYF:OTCQB) formed at least seven new distribution relationships around the globe,

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Q2/18 Results Infer High Quality of Gold Producer’s BC Mine

Source: Streetwise Reports 08/16/2018 A ROTH Capital Partners report interpreted this company’s quarterly results. In a research note dated Aug. 12, analyst Joe Reagor with ROTH Capital Partners reported that Pretium Resources Inc.’s (PVG:TSX; PVG:NYSE) Q2/18 financials were “in line with expectations” and highlighted the quality of the company’s Brucejack mine. Pretium’s Q2/18 revenue of

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Midtier Gold Producer Reports Q2 Results and Updates Guidance

Source: Streetwise Reports 08/16/2018 The figures provided incorporate the three Brazilian mines the company acquired earlier this year. Leagold Mining Corp. (LMC:TSX.V; LMCNF:OTCQX) announced Q2/18 financial and operating results for its four producing mines: Los Filos in Mexico and Riacho dos Machados (RDM), Fazenda Brasileiro and Pilar de Goias, all in Brazil. The numbers represent

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