Junior Mining News

This Company Made a Once-in-a-Lifetime Gold Discovery — What’s Next?

By Charlotte McLeod  What comes after a once-in-a-lifetime gold discovery? According to Mark Selby, president and CEO of RNC Minerals (TSX:RNX), the work has just begun. Earlier this month, Selby’s company shook the gold space with the announcement that it had unearthed over 9,000 ounces of gold from a space the size of a

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SolGold loss almost doubles as its goes all in at Ecuador projects

By Cecilia Jamasmie Shares in Ecuador-focused explorer SolGold (LON, TSX:SOLG) dropped Friday in Toronto after the company reported an annual loss that almost doubled the one registered in 2017. For the 12 months to June, SolGold’s pre-tax loss was A$15.3 million, compared to $8.3 million it recorded a year before. The stock fell 3.2% in

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Asia Gold-Buying picks up in China on lower prices; India discounts narrow

By Reuters MUMBAI/BENGALURU, Sept 28 (Reuters) – Physical demand saw an uptick in the world’s biggest gold consumer, China, after prices fell to six-week lows this week, while discounts narrowed in India as buyers postponed purchases, awaiting a bigger fall. Premiums in China strengthened to $6.5-$8 an ounce from last week’s $4-$6.50, traders said. “Cheaper

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