Debt-free and un-hedged gold producer Medusa Mining (mll-t, mml-l, mml-a) will use US$80 million from its cash flow and build a new treatment plant and expand its Co-O mine in southeastern Mindanao, the second-largest island in the Philippines.
Highly anticipated mini-bulk sample results from Peregrine Diamonds’ (pgd-t) Baffin Island Chidliak diamond project didn’t disappoint. The CH-7 mini-bulk sample shows a grade of 1-carat-per-tonne and a population of gem-quality diamonds, 15 of…
Partners Midland Exploration (MD-V) and Agnico-Eagle Mines (AEM-T, AEM-N) have found a shallow new gold zone in the northwestern part of the Maritime-Cadillac property in the Abitibi region of Quebec.
Gold Canyon Resources (GCU-V) latest results continue to add to the recent momentum the company has generated around its Springpole gold project in the Red Lake district of Ontario. The results were highlighted a hole returning 225 meters…
Assay results from the silver zone of Bravo Gold’s (BVG-V) 100%-owned Homestake Ridge project in northwestern British Columbia drove the junior’s share price up 13.33% to 17¢ today.
The old mines of Nicaragua’s San Albino and Murra district are getting a fresh look from Golden Reign Resources (GRR-V). The Vancouver-based company’s latest drill results show the area – which has hosted mines all the way back to when the…
Vancouver – A $434-million takeover bid for Potash One (KCL-T) from German fertilizer giant K+S Aktiengesellschaft is evidence that the failure of BHP Billiton’s (BHP-N) US$39-billion takeover bid for Potash Corp. of Saskatchewan (POT-T, POT-N)…
With investor mood dampened by concerns over China’ s tightening fiscal policy and Europe’s woes with Ireland and Iceland, the Toronto Stock market closed the Nov. 15-19 week higher, led by the financial sector. The TSX Composite index rose…
Nov. 15-19 was not a great trading week for U.S. equities. The Dow Jones Industrial Average added just 10.97 points or 0.10% to finish at 11,203.55, while the S&P 500 gained 0.52 point or 0.04% to close at 1,199.73. Just four companies on…
Australia (A$) Aug 24 Aug 17 Change Aquila Resources 8.3 8.69 -0.39 Bendigo Mining 0.18 0.18 0.00 Centennial Coal 6.03 6.04 -0.01 Fortescue Res 4.50 4.56 -0.06 Iluka …
VANCOUVER — Two and a half years ago Ventana Gold’s (VEN-T) first hole into the La Bodega gold project in Colombia returned 107 metres grading 7.81 grams gold per tonne. Now, 266 drill holes later, L…
VANCOUVER — Champion Minerals (CHM-T) has released a positive preliminary economic assessment (PEA) on its Fire Lake North iron project in northeastern Quebec.
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