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Recent Sector News
After raising over C$13 million from two new major investors earlier in July, Kaminak Gold (CVE:KAM) said its board has now approved the start of a feasibility study for its Coffee gold project in the Yukon.
TerraX Minerals (CVE:TXR) shares were rising Thursday afternoon after the company posted its first results from an extensive prospecting program currently underway at its Yellowknife City gold project, with investors impressed with the grades seen so far.
Gold Resource (NYSE MKT:GORO) has posted second quarter production that puts the company at the high end of its full year production outlook, the Mexico-focused gold producer said in a statement late Tuesday.
Winnipeg, Manitoba-based gold producer San Gold (TSE:SGR)(OTCQX:SGRCF) is merging with explorer and developer Kerr Mines (TSE:KER), according to a preliminary all-share deal announced Monday, with the former looking to diversify its operations via the addition of the latter's Copperstone gold mine in Arizona.
Canamex Resources (CVE:CSQ) (OTCQX:CNMXF) has unveiled more results from its Bruner gold project drilling program in Nevada, with the latest results hailing from the Penelas mine zone.
AuRico Gold's (TSE:AUQ) (NYSE:AUQ) shares rose on Thursday after reporting the company's eighth straight quarter of record gold production, driven by increasingly strong output from its Young-Davidson mine in northern Ontario.
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