Since picking up the Waihi property in New Zealand from Newmont for US$100 million four years ago, OceanaGold (TSX: OCG) has extended the mine life of its Correnso underground gold mine by three years generating US$200 million of free cash flow.It has also fully permitted a new underground mine that it is building about 1-2 km away, and which it hopes to put into production by 2021. The undergroun...Read More
The S&P/TSX Composite Index advanced 1.3% to close at 16,899.69. Spot gold finished the trading week at US$1516.70 per oz., up US$28.80 per ounce. The S&P/TSX Global Gold Index rose 6.6% to end at 251.07, while the S&P/TSX Global Base Metals Index fell 1.9% to 102.79, and the S&P/TSX Global Mining Index advanced 1.2% to 78.07.Leading the week in value gain was Kirkland Lake Gold, which saw shares...Read More
White Gold turns heads as exploration steps up a gearSPONSOREDwhite gold corpSilver Mines times Bowdens to perfectionSPONSOREDsilver mines limitedPoster South Africa mine regeneration on trackSPONSOREDorion mineralsLean mining and the fourth industrial revolutionSPONSOREDdassault systemesEarlier this year, senior thinkers at BCG laid out new guideposts to success for the modern company (The new Lo...Read More
The Dow Jones Industrial Average fell 1.05% to 26,935.07, and the S&P 500 Index fell 0.51% to 2992.07. Spot gold gained US$28.80 per oz. to finish the trading week at US$1,516.70 per oz. gold.AngloGold Ashanti shares rose 6.8% to US$20.22. The company signed an agreement with B2Gold on Sept. 16 that will see B2Gold - AngloGold's joint-venture partner - fund a US$13.9-million investment and explora...Read More
The S&P/TSX Venture Composite Index rose 0.2% to 590.45 during the trading week.Shares of Great Bear Resources rose 4.7% to $8.99. On Sept. 3, the company reported multiple gold discoveries along a 3.2 km strike length of the 18 km LP Fault target at its wholly owned Dixie project in Red Lake, Ontario. High-grade gold intercepts include 101.7 grams gold per tonne over 2 metres within 10.65 grams g...Read More
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Gold prospecting in the San Gabriel Mountains started in the mid-1800s and continues today.Read full newsRead More
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