Steppe Gold fires up ATO mine in Mongolia
Steppe Gold (TSX: STGO) is on track to produce about 60,000 oz. gold this year at cash costs of roughly US$500 per oz. from its…
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Fast News
Bank of America revises GDP growth targets
The coronavirus pandemic “has morphed into a credit crisis and economic recession” Bank of America (BoA) outlined in its World at a Glance report released…
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Gold price rockets more than US$100 to seven-year high
The gold price rallied again in spectacular fashion on Tuesday, as panicked investors scrambled for hard assets on the back of COVID-19 closures of mines…
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Cameco, Orano Canada suspending Sask. Operations due to COVID-19
Uranium companies Cameco (TSX: CCO, NYSE: CCJ) and Orano Canada are suspending mining and processing activities at their operations in northern Saskatchewan due to the COVID-19…
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MegumaGold to merge with Osprey Gold
Canadian juniors MegumaGold (CSE: NSAU; US-OTC: NSAUF) and Osprey Gold Development (TSXV: OS), with projects in Nova Scotia’s largest historic bullion district, are merging their…
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U.S. Fed move sends gold soaring
The gold price surged on Monday after the U.S. Federal Reserve promised to pump “unlimited” amounts of money into the financial system, boosting the metal’s…
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Unigold reports high-grade assays from Candelones in Dominican Republic
Unigold (TSX: UGD) has reported intercepts of 10.18 grams gold per tonne over 18.5 metres and 12.94 grams gold over 10.5 metres at its Candelones…
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Lundin Gold suspends Fruta del Norte; Newmont withdraws guidance
Lundin Gold (TSX: LUG) has temporarily suspended operations at its Fruta del Norte gold mine in Ecuador due to COVID-19, while Newmont (TSX: NGT; NYSE:…
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Nouveau Monde grows Matawinie resources
Nouveau Monde Graphite (TSXV: NOU) has released updated resources for the West Zone deposit at its Matawinie graphite project, 150 km north of Montreal. Updated measured…
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Nevada Copper looks to strengthen balance sheet
As its Pumpkin Hollow underground mine ramps up to commercial production, Nevada Copper (TSX: NCU) has entered into non-binding arrangements for a balance sheet strengthening package. The company…
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