A look at some of the top mining headlines out this morning with some additional context on each. Pilot Gold – (PLG:TSX) – Pilot Gold is out with news this morning that a 20,000m drill program is under way on the 60-per-cent-owned TV Tower property in northwestern Turkey. Major mining company Teck is the other 40%… Continue Reading
Pretivm Resources – (PVG:TSXV) – A very important step in the moving the high grade Brucejack project forward to production was announced this morning with a signed agreement between Pretium and the Nisha’a Nation. The deal will be a win/win for both parties under the agreement with the Nisga’a Nation providing support for the development… Continue Reading
A look at some of the news releases that caught my eye on Monday morning and my comments. Ivanhoe Mines – (IVN:TSX) – Ivanhoe shares are catching a bid this morning up 18% at press time. China-based Zijin Mining Group will be acquiring a 9.9% stake in Ivanhoe through a private placement at C$1.36 per share. Ivanhoe… Continue Reading
Here are my top news releases for this morning. Mart Resources (MMT:TSX) -Mart is out with positive news this morning that the government of Nigeria has approved the completion of the OML 18 transaction. Mart is a member of a consortium of companies that will acquire 45% of the OML lease with the Nigerian National Petroleum Corp owning… Continue Reading
A flurry of positive news releases from mining companies this morning. Here are five that caught my eye with a brief comment on each. Klondex Mines (KDX:TSX) – Klondex released updated mineral reserves at the Fire Creek Project and Midas Mine. Fire Creek has proven and probable reserves of 238,700 ounces at 1.285 ounces per ton.… Continue Reading
Sandstorm Gold (SSL:TSX) has purchased Gold Royalties Corp (GRO:TSXV) this morning in a share based deal worth $5.7 million. The deal involves 0.045 of a Sandstorm share for each one Gold Royalties share held. The proposed arrangement values Gold Royalties shares at ~20 cents per share. Gold royalty shareholders receive a 70 percent premium on the 20 day… Continue Reading
