Gold Prices Lifted By Negative News From The United States
Goldcorp had earlier offered production guidance at around 2.6 million ounces, with total cash costs ranging between $250 and $275 per troy ounce for this year on a by-product basis. It will be analyzing the potential implications of first quarter production impediments at Red Lake in an updated forecast.
Junior company news
Ashburton Ventures Inc. (TSXV:ABR) acquired an option to earn a 100 percent interest in ground in Ontario's Priske township.
Midas Gold Corp. (TSX:MAX) gave a progress update for its metallurgical testing program at the Idaho-based Golden Meadows project.
NioGold Mining Corp. (TSXV:NOX) announced that it has received preliminary metallurgical testing results from its Marban Block property. Premium Exploration Inc. (TSXV:PEM,OTCQX:PMMEF) reported the results of a completed structural study on the exploration drill holes in the Deadwood Zone and definition drill holes from the Friday Zone on the Idaho Gold Project. Securities Disclosure: I, Dave Brown, hold no direct investment interest in any company mentioned in this article.
