News

By Pia Rivera IDM Mining Ltd. (TSXV:IDM) (OTCQB:IDMMF) (“IDM” or the “Company”) announces that on Friday October 5th, 2018 British Columbia Provincial Government Ministers: George Heyman, Minister of Environment and Climate Change Strategy and Michelle Mungall, Minister of Energy, Mines and Petroleum Resources issued an environmental assessment (“EA”) certificate to the Company for the Red […]

By Ashley Cowell Algold Resources Ltd. (TSXV:ALG) (“Algold” or the “Corporation”) today announced completion of a low-dilution funding arrangement with major shareholder Wafa Mining & Petroleum SA (“Wafa”), a subsidiary of Wafa Holding, under which Wafa has acquired a 10% interest in the Corporation’s Tirex subsidiary, owner of the Tijirit mining permit and gold development

By Ashley Cowell Granada Gold Mine Inc. (TSXV:GGM;OTCPK:GBBFF;FRA:B6D) (“Granada Gold” or the “Company”) announces that it has started its autumn drill program at the Genesis Project at Granada. Program objectives are: Begin drilling mag targets defined by drone-borne magnetic survey covering the extended LONG Bars zone Extend underground gold mineralization towards the Cadillac trend to

By Charlotte McLeod  Both gold and silver prices have struggled in 2018, but Great Panther Silver‘s (TSX:GPR,NYSEMKT:GPL) Jim Bannantine believes the downtrend is not here to stay. “It’s not fatal for us, we still make money at today’s silver and gold prices,” he said on the sidelines of the recent Denver Gold Forum. “We’re

By Nicole Rashotte With gold prices dipping and production slowing, rumours that the yellow metal has reached its maximum level of global extraction have begun to swirl, causing market watchers to debate if mining for the metal has seen its best day or if there is still plenty to discover. Beyond the debate of whether

By Scott Tibballs The S&P/TSX Venture Composite Index (INDEXTSI:JX) was flat on Friday (October 5), falling by 0.14 points, or 0.02 percent, to 702.89. In the news las week, gold crept up, while the base metals appeared to be dragging themselves up from rock bottom. News outside mining has been mostly about internal US politics

By Scott Tibballs Cornerstone Capital Resources (TSXV:CGP) has released an update on the exploration program at its Cascabel copper-gold porphyry joint venture exploration project in northern Ecuador. As highlighted in the press release: With over 124,000m of drill hole assays now received, a further 70,400m of drilling has been added to the existing Alpala maiden

By Ashley Cowell IDM Mining (TSXV:IDM, OTCQB:IDMMF) (“IDM” or the “Company”) announces a non-brokered private placement financing (the “Offering”) to sell flow-through shares (“Flow-Through Shares”) at a price of $0.07 per Flow-Through Share and non-flow-through units (“Common Units”) at a price of $0.06 per Common Unit, for aggregate gross proceeds of up to $4.1 million.

By Charlotte McLeod  The gold price is down year-to-date in 2018, and for Chris Mancini, an analyst at the Gabelli Gold Fund, what happens for the rest of the year depends on the dollar. “What we’ve seen over the past couple of months, when gold went from around $1,320 down to $1,160 at its

By Hailey Wahlberg FALCON GOLD CORP. (TSXV:FG) (“Falcon” or the “Company”) announces the Company has received conditional approval from the TSX Venture Exchange for a pricing waiver to enable it to proceed with a non-brokered private placement for up to $175,000 priced at $.035/Unit. Each Unit consists of one common share and one 2-year common