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.

Gold Prices Lifted by Negative News from the United States from Gold Investing News

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