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Category: Americas

Miners in Ontario are getting together and challenging each other in a series of events to honour the victims of the Hollinger Mine fire that claimed the lives of 39 miners in Timmins in 1928. At the 2019 Ontario Mine Rescue competition, workers from 20 mines in the eastern Canadian province will test their emergency …

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Keith Barron, who owns 53% of the outstanding common shares of Aurania Resources (TSXV: ARU), has agreed to loan the company up to C$3 million to support exploration at its 100%-owned Los Cities gold project in Ecuador. The chairman and CEO also participated in the company’s rights offering in March that raised C$5.25 million. Barron …

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Shares of Westhaven Ventures Inc. (TSX-V: WHN) took a hit on Monday morning, down over 12% at market open and at one point traded at a six-month low of C$0.60. The company’s market capitalization sits at just over C$57 million. Earlier, the company had released results from its ongoing drill campaign at the Shovelnose gold …

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Toronto-based Pelangio Exploration (PX:TSX-V) announced that its exploration team has started a limited drilling program at the company’s Dome West property located in Timmins, Ontario. Dome West, formerly controlled by Central Porcupine Mines, is a 56-hectare land holding that is adjacent to the former Paymaster Mine and separated by some 800 metres from Goldcorp’s open-pit …

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Newmont Goldcorp (NYSE:NEM)(TSX:NGT) and Canada’s Barrick Gold (TSX:ABX)(NYSE:GOLD), the No. 1 and 2 bullion producers, have cleared all the regulatory conditions to combine their operations in Nevada ahead of schedule. The U.S. Federal Trade Commission, said the companies, granted an early termination of the waiting period under the Hart-Scott-Rodino Act on April 19. The new …

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Canarc Resources (TSX: CCM) has wrapped up a preliminary economic assessment of its New Polaris gold project in northwestern British Columbia that indicates the project could produce 80,000 ounces of gold per year over an 8.7 year mine life. By market close the Vancouver-based  junior’s stock had jumped 20%. The study assigns New Polaris a …

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