March 22, 2019 - Vancouver, B.C. - ATAC Resources Ltd. (TSX-V: ATC) (“ATAC” or the “Company”) announces that it has closed the private placement announced on February 22, 2019. The private placement consisted of the sale of 10,507,143 flow-through units at a price of $0.35 per flow-through unit, each consisting of one flow-through common share and one-half (1/2) of a share...Read More
B2Gold (TSX: BTO; NYSE-AM: BTG) was created as a junior exploration company in 2007, and since then it has grown to become an intermediate gold producer, with five mines in four countries.Last year production reached 953,504 oz. gold - a 51% jump over 2017 - sending revenues nearly doubling year-on-year to US$1.2 billion, and cash flow almost tripling to US$451 million.That war chest helped B2Gold...Read More
Before he founded International Tower Hill Mines (TSX: ITH; NYSE-AM: THM) in the mid-2000s and discovered the Livengood deposit in Alaska - a development project that now has an estimated 19.7 million oz. gold - Jeffrey Pontius worked for seven years as the U.S. and North American exploration manager for AngloGold Ashanti (NYSE: AU). It was during his time at the South African miner that the geolo...Read More
Initial results from Argo Gold's (CNSX: ARQ; US-OTC: ARBTF) 2,500-metre winter drill program at its 100%-owned Woco gold project near Ontario's Red Lake district have confirmed high-grade results reported by previous operators.So far, the company has received results for five holes drilled at the Woco mineralized zone, previously identified in 1993. Two holes did not encounter any significant mine...Read More
An infill drill program designed to upgrade inferred resources at Bluestone Resources' (TSXV: BSR; US-OTC: BBSRF) Cerro Blanco project in Guatemala has returned intercepts of 201.4 grams gold per tonne and 2,139 grams silver per tonne over 1 metre from 40 metres downhole, about 20 metres outside the project's current resource envelope.Other highlights include 8.5 grams gold and 7 grams silver ove...Read More
Western Atlas drill-ready in NunavutSPONSOREDwestern atlas resourcesSocial opposition remains key industry hurdle in ColombiaSPONSOREDverisk maplecroft"Tshisekedi would be a relatively positive figure for mining investment"SPONSOREDverisk maplecroftGlobal Atomic's 'transformational discovery' changes everythingSPONSOREDglobal atomic corpThis new zeitgeist has been raised to c...Read More
SANTIAGO - Chile's Antofagasta expects to reach an agreement with miner BHP to help ensure water supply at its Zalidvar copper mine in the country's northern desert, a company official told a Chilean newspaper on Friday.Antofagasta needs access to water for the future development of its Zaldivar copper deposit, which is near BHP's Escondida mine, the world's largest copper mine. Zaldivar's size, h...Read More
It's not a great time to be a coal miner, but there's never been a better time for their shareholders.U.S. coal companies returned almost $3.7 billion in dividends and buybacks to shareholders in the 12 months through September, and S&P Global Ratings expects more of the same this year. That's boosting yields to unheard-of levels, in some cases to about nine times that of 10-year treasuries.Strong...Read More
Initial results from Argo Gold's (CNSX: ARQ; US-OTC: ARBTF) 2,500 metre winter drill program at its 100% owned Woco gold project near Ontario's Red Lake district have confirmed high grade results reported by previous operators.The company has so far received results for five holes drilled at the Woco mineralized zone, previously identified in 1993. Two of those holes did not encounter any signifi...Read More
Canadian miner Hudbay Minerals (TSX, NYSE: HBM) scored a big win this week after the U.S. Forest Service approved the company's mine plan of operations (MPO) for its $1.9 billion Rosemont copper project in Arizona."Rosemont is now a fully permitted, shovel-ready copper project and we look forward to developing this world-class asset," president and chief executive Alan Hair said in a statement.T...Read More
BAMAKO -* Mali's industrial gold production is expected to drop around 3% to 59 tonnes in 2019, down from 60.8 tonnes last year, a mines ministry official said on Friday.* Thiecouta Diabate, director of the ministry's evaluation cell, said gold output was predicted to decrease after two mining companies announced lower production this year.* Diabate told Reuters B2Gold's Fekola said it expected to...Read More
An infill drill program designed to upgrade inferred resources at its Cerro Blanco project in Guatemala has returned intercepts of 201.4 grams gold per tonne and 2,139 grams silver per tonne over 1 metre from 40 metres downhole, about 20 metres outside the project's current resource envelope, Bluestone Resources (TSXV: BSR; US-OTC: BBSRF) reports.Other highlights included 8.5 grams gold and 7 gr...Read More
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