ONTARIO – Barrick Gold of Toronto has announced plans to modernize and refocus its efforts at the Hemlo gold mine 350 km east of Thunder Bay. The goal is to upgrade the operation to a Barrick Tier 2 asset and…
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BRITISH COLUMBIA – Vancouver-based Independence Gold Corp. has identified seven distinct gold-silver targets at its Merit property in the Spences Bridge gold belt. The company says the targets appear to be connected by structures identified by the rece…
GOLD: Independence Gold discovers seven Au-Ag targets at Merit property Read More »
MONTREAL – Roger Doucet, a director of Colibri Resource Corp. of Dieppe, N.B., is this year’s winner of the Nicholas Denys medal for his prospecting career and the contribution he has made to mineral exploration and development in Quebec. He…
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COLLINGWOOD, Ont. – MacLean Engineering is proud to announce that it has partnered with the Rankin Inlet-based Nunavut Investments to create Nunavut MacLean Inc., an Inuit-owned business registered on NTI’s Inuit Firm Registry. This new business will p…
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In May 2016, Silver Standard Resources, now called SSR Mining (TSX: SSRM; NASDAQ: SSRM), acquired Claude Resources and its Seabee gold operation in Saskatchewan for $337 million in cash and shares. Five months later, SSR Mining optioned Taiga Gold’s (C…
Taiga Gold and SSR Mining report visible gold at Fisher Read More »
QUEBEC – Ethos Gold and Société d’exploration minière Vior announced that they have started a drill campaign on the Ligneris gold project, located 110 km north of Val-d’Or. In a press release, the companies said two diamond drills are now…
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PERU – The Quecher Main project at Newmont Goldcorp’s Yanacocha gold mine has achieved commercial production ahead of schedule and under budget. The project will extend the life of the Yanacocha operation to 2027. Quecher Main, 800 km northeast of Lima…
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CALGARY – The waning fortunes of the petroleum industry are reflected in Suncor Energy’s Q3 2019 results. The company generated $2.7 billion from operations, down 17% from $3.1 billion during the same quarter in the previous year. Cash flow provided…
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NOVA SCOTIA – Toronto-based Anaconda Mining has offered an update on the growing resources at its Goldboro gold project 185 km northeast of Halifax. Numbers for the measured and indicated category have increased and will form the basis of the…
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SASKATCHEWAN – Denison Mines Corp. of Toronto has installed two ISR wells at the Phoenix uranium deposit at the Wheeler River property near the southeast part of the Athabasca Basin. Denison holds a 90% interest in the project, and JCU…
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