ESGold Completes Mill Building Construction, Final Equipment Procurement Underway
ESGold Corp (CSE: ESAU) has achieved a critical milestone as it works to advance towards production at their flagship and fully permitted Montauban gold-silver project in Quebec. The company as of this morning has completed the main building on site.
Talisker Terminates Milling Arrangement With Nicola Mining In Favor Of Ocean Partners Deal
Talisker Resources (TSX: TSK) is walking away from a toll milling agreement that was in place with Nicola Mining (TSXV: NIM) earlier than planned. The company has served Nicola with a 60 day notice of termination for the milling agreement that is currently in place. The termination of the arrangement follows Talisker entering into an […]
Silver Tiger Receives Permits For Open Pit El Tigre Stockwork Project In Mexico
Silver Tiger Metals (TSXV: SLVR) finally received the required permits and approvals from the Mexican Federal Environmental Department for the construction of their El Tigre Stockwork silver-gold project in the state of Sonora, Mexico. The approval, which permits the development of the open pit mining plan, represents one of the first approvals granted by the […]
Alberta And Ottawa Open Talks Towards A Relationship-Reset MOU
Alberta and Ottawa are in formal negotiations to sign a relationship-reset accord, with Alberta aiming to finalize a memorandum of understanding, according to the premier’s office. Both sides say the goal is a formal MOU that would mark a break from years of acrimony. The Alberta premier’s office has publicly set an ambitious target to […]
Is Altamira Gold Sitting On Brazil’s Next Big Gold Discovery?
When investors think of gold districts, they tend to collectively think of the common regions of the world. BC’s Golden Triangle. Quebec’s Abitibi. The Yukon’s Tintina Belt. Nevada’s Walker Lane Trend. Or maybe even something more exotic, like Colombia.
Coeur Mining: The $7 Billion Acquisition Of New Gold
For the second day in a row, we’ve got a major transaction on our hands. Hot off the heels of Probe Gold announcing it has reached terms to be acquired by Fresnillo, another Canadian operator is being taken off the market by a foreign firm. On Monday, Chicago-based Coeur Mining (NYSE: CDE) indicated it has […]
Fresnillo Steps Out Of Mexico With $780 Million Probe Gold Buyout
There’s a major transaction afoot and to say that investors are dissatisfied would perhaps be one of the biggest understatements of the year. Probe Gold (TSX: PRB) is set to be acquired by Fresnillo in a $780 million Canadian transaction and well, investors feel like they’ve been robbed. While many are holding out for a […]
Alamos Gold Q3 Earnings: Production Slips And Guidance Cut
There’s nothing worse as an operator than going through a quarter relatively well – executing on the production plan, boosting revenue, posting record free cash flow. Only for it all to seemingly be for naught, when post quarter end you have to cut guidance following a seismic event. It’s a story that Alamos Gold (TSX: […]
New Gold Q3 Earnings: Cranking Out Cash Flow
Newmont may have been the first to report their earnings in terms of gold producers this cycle. But they certainly didn’t set the tone. The next round of earnings were released on Tuesday evening – ahead of Agnico on Wednesday – and well, the response was positive. The response was particularly positive for New Gold […]
Agnico Q3 Earnings: Critical Minerals Come Into Focus
Agnico Eagle (TSX: AEM) has done it again. They’ve blown the doors off analyst estimates for both revenue and earnings per share, although the market hasn’t provided the company with much of a reward for doing so, with the equity up just 3%. But that’s the problem with being viewed as one of the best […]