Osisko says new Gaspé drill results expand deposit
Osisko Metals (TSX-V: OM; US-OTC: OMZNF) said recent drilling at its Gaspé copper project in eastern Quebec expands the deposit at depth as the company works to update the resource…
Articles by FREDERIC TOMESCO
Sitka finds visible gold at RC project in Yukon
Sitka Gold (TSX-V: SIG; US-OTC: SITKF) says it encountered visible high-grade gold on multiple occasions during new drilling at its RC property in the Yukon. The stock rose. Highlight hole…
Aurion books high-grade gold in northern Finland
Aurion Resources (TSX-V: AU; US-OTC: AIRRF) cut a highlight result of more than 32 metres grading 4.42 grams gold per tonne at its Risti property in northern Finland. That result,…
Capstone OKs $176M Chile copper spend despite rise
Capstone Copper (TSX: CS; ASX: CSC) said it’s going ahead with the costlier-than-planned expansion of a sulphide concentrator at its Mantoverde property in Chile in a move that will add…
Centerra OKs Goldfield mine in Nevada after all
Centerra Gold (TSX: CG; NYSE: CGAU) said it’s moving ahead with development and construction of its Goldfield project in Nevada after rising gold prices boosted estimated returns. Using a long-term…
Guinea squeezes Emirati-owned bauxite miner
Guinea, the world’s top exporter of bauxite, has revoked the mining title of Emirates Global Aluminium’s GAC subsidiary and awarded it instead to a new local entity – a move…
Orla cuts output target after Mexico wall slide
Orla Mining (TSX: OLA; NYSE: ORLA) said it will produce about 5% less gold than planned this year at higher costs after deferring some production following last month’s pit-wall failure at the…
Southern Copper, Freeport-McMoRan top U.S. peers as steelmakers retreat
Global miners Southern Copper (NYSE: SCCO), Freeport-McMoRan (NYSE: FCX) and Newmont (NYSE: NEM) once again topped their U.S. peers for market capitalization and earnings while several steelmakers had a down…
Agnico rises on record quarterly profit, free cash flow
Agnico Eagle Mines (TSX, NYSE: AEM) shares rose after the Canadian miner reported record quarterly profit and free cash flow on the strength of rising gold prices. Adjusted net income…
B2Gold starts underground mining at Fekola in Mali
B2Gold (TSX: BTO; NYSE-A: BTG) said it began underground production at its flagship Fekola mine in Mali immediately after receiving approval from the government. The stock rose. The approval, which took effect…
Northern Superior logs high-grade gold in Quebec
Northern Superior Resources (TSX-V: SUP; US-OTC: NSUPF) cut a highlight result of 9.1 metres grading 11.99 grams gold per tonne at its Philibert property in Quebec. The stock jumped. That…
Omai books high grades at Guyana’s Wenot deposit
New drilling at Omai Gold Mines’ (TSX-V: OMG; US-OTC: OMGGF) Wenot deposit in Guyana encountered wide zones of high-grade mineralization, the company said. Hole 25ODD-119 cut 7.5 metres at 31.7…