Gold price climbs again after Citi says record is “matter of time”

NOVAGOLD Resources Inc. released its 2016 financial results on Jan. 25, and provided updates on the 50%-owned Donlin Gold project in Alaska and the 50%-owned Galore Creek project in British Columbia.

Richmont up more than 12% after drilling program at producing Ontario mine increases reserves by more than a third and lifts average grades to 9.2g/t gold.

The project, which has existing infrastructure, a camp and a diamond processing plant in place, is located just 5km from Letšeng, the highest dollars-per-carat kimberlite diamond mine in the world.

Brendan Bell, who has also resigned to Dominion's board, has agreed to stay on as CEO until June 30 to ensure a smooth transition.

Legendary mine developer Rob McEwen has been recognized for his accomplishments in Canadian mining through an induction into the hallowed corridors of the Canadian Mining Hall of Fame.

Only Africa and Oceania bucking the trend says new study.

The British Columbia Court of Appeal has rejected efforts by Tahoe Resources Inc. to dismiss a lawsuit brought by seven Guatemalan men for injuries they suffered during the violent suppression of a peaceful protest at Tahoe’s mine in Guatemala.

Operating Engineers in the U.S. and Canada stand ready to build this essential piece of North American energy infrastructure.

The company has spent at least $2.5 billion on the project, whose total cost if built would be at least $10 billion due to delays and permitting costs.