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TVO Original documentaries Northern Gold and The Shadow of Gold Premiere in March

TVO original documentaries Northern Gold and The Shadow of Gold reveal the human cost of the world's most coveted heavy metal. Gold-focused documentaries premiere March 6 and 13 at 9 pm ET on TVO and tvo.org/documentaries.

Canadian Competition Bureau Approves Newmont Gold's Purchase of Goldcorp Inc.

 The Canadian Competition Bureau has approved Newmont Gold’s purchase of the previously announced transaction with Goldcorp Inc. under Canadian competition law. Newmont continues to cooperate with other regulatory agencies regarding additional approvals that are conditions to closing of the combination.

Harte Gold Corp Updates Mineral Resource Estimates

 HARTE GOLD CORP announced it has updated its NI 43-101 compliant Mineral Resource Estimate based on 90,000 metres of drilling completed in 2018. Harte reported an overall increase in mineral resources. Based on the drilling results, the  Indicated Mineral Resources are now 1.1 million ounces Au grading 8.12 g/t and the  Inferred Mineral Resources are 558,000 ounces Au grading 5.88 g/t.

Osisko Mining Inc. Announces Letter of Agreement to Acquire Chantrell Ventures Corp.

 Osisko Mining Inc. and Chantrell Ventures Corp. announced announce they have entered into a binding letter agreement by which Osisko will effect a business combination that will result in a reverse takeover of Chantrell by Osisko. Through proposed transaction , Osisko will transfer certain non-core assets of Osisko with a value of approximately $99.9 million to Chantrell in exchange for shares of Chantrell.  In addition the shares of Chantrell will be subject to a consolidation on a 40:1 basis, subject to adjustment. 

Landore Resources Limited Releases Technical Report and Preliminary Economic Assessment of the BAM Gold Project

  Landore Resources Canada Inc released its technical and preliminary economic assessment report for its BAM Gold Project,  at theirJunior Lake Property 235 km Northeast of Thunder Bay, Ontario.   The Mineral Resource Estimate of the BAM Gold Project at a 0.3g/t cutoff is: 28,826,000 tonnes (t) at 1.03 grams/tonne (g/t) for 951,000 ounces of gold (ozAu) including 20,198,000t at 1.08g/t for 701,000 ounces gold in the Indicated Category.

Canada Cobalt Drills into Bonanza Grades at Castle Mine Near Gowganda

  Canada Cobalt Works Inc. announced that Phase 1 drilling on the first level of the Castle mine near Gowganda, 75 kilometers from Kirkland Lake, has returned multiple high-grade cobalt and silver intercepts at very shallow depths and at depth.

Goldcorp Reports on Fourth Quarter 2018 and Full Year Results

 Goldcorp released its final stand alone Fourth Quarter and full year results for 2018. The Canadian gold mining giant was purchased by Newmont Gold of Denver, Colorado in December, 2018.

 
The results show that Goldcorp had  significant losses during the 4th Quarter and full year 2018 compared to 2017. 
As a result of the previously announced acquisition of the company by Newmont Mining Corporation (Newmont) for approximately $10 billion, Goldcorp recognized a non-cash impairment of $3,879 million (net of tax) representing the difference between the book value of the Company's shareholder's equity and the Newmont offer. Accordingly, the net loss for the fourth quarter of 2018 was $3,984 million or $4.58 per share, compared to net earnings of $242 million or $0.28 per share, for the fourth quarter of 2017.

New Shaft at Tahoe Resource's Bell Creek Mine Officially Opened

 Tahoe Resources officially opened its new shaft at Bell Creek mine in Timmins and with it an expected immediate increase in productivity.  The new shaft was replaces an historic 300 metre shaft and deepened it to 1,080 metres

Red Pine Exploration Announces Promising Drill Results from Surluga Deposit

 Red Pine Exploration Inc. announced new results from its exploration infill drilling in the gaps in the Surluga Deposit and from its confirmation drilling in the higher grade zones of the Deposit. The Surluga Deposit is one of two known deposits, identified to date, on the large 6,519 hectares Wawa Gold Project, located near Wawa, Ontario. 

Northern Graphite Plans to Increase Bissett Creek Production Rate

 Northern Graphite Corporation announced it intends to increase production at its Bisset Creek Project by approximately 25,000 tonnes as part of its development plants.  The decision to increase production was supported by an economic analysis that indicated increasing annual concentrate production by at least 20 per cent can be achieved with a relatively modest six per cent increase in capital costs for the first phase of development. A higher production would also reduce unit operating costs and is expected to have a very positive effect on the project’s net present value (“NPV”) and internal rate of return (“IRR”).