Cartier Resources cuts more high grade at Chimo
During the most recent market downturn, when many of his peers were running for cover and trying to preserve cash, French Canadian geologist Philippe Cloutier went on a shopping spree….
Articles by Trish Saywell
Rio2 to merge with Atacama Pacific
Alex Black and his team have built two mines in Peru — La Arena and Shahuindo — and in the process nurtured Rio Alto Mining from a $12-million company in…
Barrick takes strategic stake in Midas Gold
In the latest of a series of strategic investments in junior mining companies, Barrick Gold (TSX: ABX; NYSE: ABX) is acquiring a 19.9% stake in Midas Gold (TSX: MAX; US-OTC:…
Nevsun rejects $1.5B Euro Sun, Lundin Mining proposal
Nevsun Resources (TSX: NSU; NYSE-AM: NSU) is rejecting an unsolicited proposal by Euro Sun Mining (TSX: ESM) and Lundin Mining (TSX: LUN) that it says lacks adequate value and has…
Azarga Uranium to merge with URZ Energy
The merger of Azarga Uranium (TSX: AZZ; US-OTC: PWURF) and URZ Energy (TSXV: URZ; US-OTC: URZZF) will create a new uranium development company focused on in-situ recovery (ISR) uranium deposits…
US equities dip slightly, April 30-May 4
Uncertainty about the future of the central bank’s monetary policy and concern about a U.S.-China trade war kept a lid on U.S. equities. The Dow Jones Industrial Average fell 48.68…
Harte Gold approaches commercial production
Harte Gold (TSX: HRT; US-OTC: HRTFF) is fully funded to finish building its Sugar Zone mine project in northern Ontario — 80 km east of the Hemlo gold camp —…
Centerra rebuffs Chaarat’s $800M offer for Kumtor mine
Before Chaarat Gold (LON: CGH) launched an US$800-million, cash-and-share proposal to acquire Centerra Gold’s (TSX: CG) Kumtor mine in Kyrgyzstan, very few North Americans had even heard of the junior…
Troubles keep dogging Tahoe in Guatemala, Peru
Toronto-listed shares of Tahoe Resources (TSX: THO; NYSE: TAHO) are worth half of what they were a year ago, and the company is facing challenges at assets in Central and…
Detour Gold slammed by revised mine plan
Shares of Detour Gold (TSX: DGC) plunged 30% after the company forecast life-of-mine costs could rise at its Detour Lake open-pit gold mine in Ontario, 300 km northeast of Timmins….
Gold Fields bets big on South America
Since finding Salares Norte in the Atacama region of northern Chile in 2011, Gold Fields (NYSE: GFI) has carved out a resource from the project’s two orebodies of 3.66 million…
Agnico Eagle slashes stake in Belo Sun Mining
Agnico Eagle Mines (TSX: AEM; NYSE: AEM) has sold 44.6 million common shares in Belo Sun Mining (TSX: BSX), slashing its stake in the company from 19.14% to 9.57%. The…