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Suncor announced today that it has priced an offering of US$750 million in aggregate principal amount of senior unsecured notes due on November 15, 2047 . The 2047 Notes will have a coupon of 4.000%. The offering is expected to close on November 15, 2017, subject to customary closing conditions. Suncor intends to use the net proceeds from the sale [...]
Currency: Cdn Cameco announced today that due to continued uranium price weakness, production from the McArthur River mining and Key Lake milling operations in northern Saskatchewan will be temporarily suspended by the end of January 2018 and that the company's annual dividend will be reduced to $0.08 per common share in 2018. "With the continued [...]
Kinross Gold today announced its results for the third-quarter ended September 30, 2017. 2017 third-quarter highlights: Production1: 653,993 gold equivalent ounces (Au eq. oz.), compared with 684,129 Au eq. oz. in Q3 2016. Revenue: $828.0 million, compared with $910.2 million in Q3 2016. Production cost of sales(2): $662 per Au eq. oz., compared [...]
Lumina Gold Corp. is pleased to announce that it has entered into an agreement with a syndicate of agents, co-led by Raymond James Ltd. and Haywood Securities Inc., , that have agreed to sell, on a "best efforts" private placement basis, up to 24,193,548 common shares at a price of C$0.62 per common share, for aggregate gross proceeds of up to C$15 [...]
Sage Gold Inc. is pleased to announce that it has received confirmation from McEwen Mining Inc. that mineralized material processed from the first bulk sample mill run at the Stock Mill in Timmins, located 10 km from the Clavos Mine, has yielded approximately 476 ounces of gold. Nigel Lees, President and Chief Executive Officer of Sage Gold [...]
SolGold is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by National Bank Financial Inc. and Canaccord Genuity Corp. pursuant to which the Underwriters have agreed to purchase, on a bought deal private placement basis, 180,000,000 ordinary shares of SolGold at a price of 25 pence per Ordinary Share [...]
Cartier Resources Inc. is pleased to announce that it has entered into an agreement with Sprott Capital Partners to act as the lead underwriter in connection with a bought deal underwritten private placement of 12,120,000 common shares of the Company issued on a flow-through basis , at a price of $0.33 per FT Share, for gross proceeds of [...]
Brixton Metals Corp. is pleased to announce that it has completed exploration work on its wholly owned Atlin Gold Project near Atlin, BC. The 2017 field season concluded with a total of 200 rock samples and 120 soil samples collected within the 557 square kilometre property. In addition, 4,571 line kilometres of airborne magnetic survey was flown [...]
Glen Eagle Resources Inc. is pleased to report that its website has been updated with the latest pictures from the Cobra Oro gold processsing plant, showing that the last expansion phase of the plant is almost completed. The new ball mill is currently being installed and all the infrastrutures are now in place to receive increased throughput. The [...]
San Marco Resources Inc. announces the appointment of Christian T. Grijalva as Manager of Projects. Mr. Grijalva will be responsible for managing the Company's Mexican exploration, including drill target definition at the newly discovered porphyry system at Project 1068, detailed exploration and drill target definition at Chunibas, as well as new [...]
GT Gold Corp. is pleased to report continued high-grade assays from drilling at its Saddle gold discovery, located 10 kilometres off highway 37 on the Company's 100%-owned Tatogga property in northwestern British Columbia, Canada. Results for 9 Saddle South core holes are reported in this news release. Of particular note, hole TTD038 has extended [...]
Black Iron Inc. is pleased to announce the hiring of Bill Hart as Senior Vice President Corporate Development. Mr. Hart's main responsibility will be to reach out to his extensive list of relationships with steel mills and trading houses to solicit interest for companies to invest in the construction of Black Iron's Shymanivske iron ore project [...]