Ecuador miners fight new inspection fee
Miners in Ecuador are seeking to block a new inspection fee that they say could bring early-stage exploration in the South American country to a standstill. President Daniel Noboa’s government…
Articles by FREDERIC TOMESCO
AngloGold buys Augusta Gold in Nevada push
AngloGold Ashanti (JSE: ANG; NYSE: AU) agreed to buy Canadian explorer Augusta Gold (TSX: G; US-OTC: AUGG) for about $152 million (US$111 million) in cash to further expand its Nevada footprint. Augusta…
Gladiator cuts 1.1% copper from surface in Yukon
Gladiator Metals (TSXV: GLAD; US-OTC: GDTRF) says it intersected shallow copper at the Best Chance prospect on a 35-km long company property in the Yukon. Hole ACG-009 cut about 77 metres grading…
Collective encounters high-grade gold in Colombia
Canadian explorer Collective Mining (TSX, NYSE: CNL) expanded the mineralized area at Colombia’s Guayabales project as it released assay results from six new drill holes. The stock jumped. Hole APC-122…
Osisko opens door to enlarging Gaspé copper deposit
Osisko Metals (TSX: OM) hinted it may enlarge the deposit at its flagship Gaspé polymetallic project in Quebec after reporting drill results as high as 108 metres grading 0.84% copper…
Ero logs high-grade hits at Brazil gold-copper project
Early-stage drilling at Ero Copper’s (TSX, NYSE: ERO) Furnas copper-gold project in northern Brazil’s Carajás region returned high-grade intercepts that extend known mineralization to a depth of 730 metres. Hole…
Radisson sees 74% IRR for O’Brien at spot gold price
Radisson Mining Resources (TSX-V: RDS, US-OTC: RMRDF) says a preliminary economic assessment for the former O’Brien gold mine in Quebec’s Abitibi region outlines a high-value project – as long as…
Ivanhoe sees $70M Kakula mine dewatering cost
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) said it expects the dewatering of its Kakula mine in the Democratic Republic of Congo to cost as much as $70 million (C$96 million). Production…
West Red Lake’s Rowan might earn 42% return
West Red Lake Gold Mines (TSXV: WRLG; US-OTC: WRLGF) said a preliminary economic assessment shows that developing the Rowan project in northwestern Ontario may generate a high rate of return. Based…
Aya discovers new gold-copper zone at Morocco site
Canadian miner Aya Gold & Silver (TSX: AYA; US-OTC: AYASF) cut a highlight result of 9 metres grading 80 grams silver per tonne at its Boumadine project in Morocco and said it…
Ero says Tucumã hits commercial copper output
Ero Copper (TSX, NYSE: ERO) said its Tucumã copper operation in Brazil achieved commercial production this week – though at least one analyst was left wondering if the company would…
NGEx cuts 7.77% copper at Lunahuasi in Argentina
Drilling by NGEx Minerals (TSX: NGEX; US-OTC: NGXXF) has returned a highlight result of 8.3 metres grading 7.77% copper, 4.01 grams gold per tonne and 191.2 grams silver at the…