Alamos finds 15.84 g/t gold over 6 metres in new zone at Young-Davidson

Under the agreement, initial production from Crean Hill would be shipped to Vale's Clarabelle mill in Sudbury for processing.

Inaugural production of bullion bars, branded “First Strike”, will be commemorated and sold as collectibles.

The Pioneer gold mine, one of Russia's largest, is in the Amur region which borders China.

Eldorado expects its production profile to swell about 45% over the next four years to 703,250 oz. gold per year, CEO George Burns says.

Commodities have done well in the past five easing cycles, a senior analyst said.

In a report, the Canadian Ombudsperson for Responsible Enterprise recommended the federal government refuse to provide any future financial support to Dynasty.

Authorities said seven people died in the incident, which occurred on Monday night.

China's net gold imports via Hong Kong slumped about 48% in February to the lowest level since November.

This acquisition, says Mako, creates a "clear path to over 100,000 ounces per year of gold production."