Record gold production at low cash costs averaging US$186 per oz. contributed to a record net profit after-tax of US$58.1 million in the six months ended Dec. 31, 2010, Medusa Mining (MLL-T, MML-L, MML-A) reports.
In late December 2010 a spokesman for the National Democratic Front (NDF), a confederation that encompasses many of the Philippines’ leftist groups – including the Communist Party of the Philippines (CPP) and its New People’s Army (NPA)…
Three years, millions of dollars, and thousands of pages of impact studies later, there is still no guarantee that Strateco Resources (RSC-T) will be allowed to explore underground on its Matoush uranium project in northern Quebec’s Otish…
Toronto Stock Exchange
Tuesday, Feb. 22, 2011
12-MONTH
Toronto-based Detour Gold (DGC-T) will resist takeover attempts as the junior focuses on increasing and developing its resources at the Detour Lake project in northern Ontario, already the largest pure gold play in North America, says president…
Last October’s miraculous rescue of 33 trapped miners at San Jose has catapulted Chile’s Mines Minister Laurence Golborne to the forefront of national politics, even to the point that some are talking of him as a possible presidential candidate…
When Goldcorp (G-T, GG-N) acquired Éléonore in March 2006 from what is now Virginia Mines (VGG-T) in a US$425-million deal, the project had no reserve or resource estimate, just a lot of speculation on how big it was going to get…
The discovery of new gold belts and deposit types has led to a modern-day gold rush in parts of the Yukon, Alaska and British Columbia, according to government geologists who track such activity in their jurisdictions.
Despite a slight decline in annual production, Idaho-based Coeur d’Alene Mines (CDM-T, CDE-N) cashed in on climbing silver prices in 2010, recording record sales of US$515 million, a 72% increase over 2009 revenue. If precious metal prices…
Alamos Gold (AGI-T) expects to release a resource estimate in March, and a prefeasibility study before July for its projects in Turkey: Agi Dagi and Kirazli.
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