News

Eastmain expands high-grade potential at Clearwater

VANCOUVER — Québec-focused gold explorer Eastmain Resources (ER-T) has finally released an updated resource estimate for its high-grade Eau Claire gold deposit in Québec’s James Bay district. Eau Claire is part of Eastmain’s…


Fortuna produces 53% more silver in Q3

 Latin America-focused Fortuna Silver Mines (FVI-T, FSM-N) says it is set to beat its full-year forecast helped by record third-quarter production driven by higher-than-expected grades at its two mines.


Keegan Resources gets the love

Shares of Keegan Resources (KGN-T, KGN-X) surged 17.8% or 54¢ to close at $3.58 on the back of a new resource estimate for its 90%-owned Esaase gold project in Ghana and confirmation that the company plans to take a more selective approach…


Galway finds three new high-grade zones at Vetas

Since June 2011 when Galway Resources (GWY-V) released the first set of underground drill results from its Vetas property in northeastern Colombia, forty-five of the fifty-two holes hosted at least one assay result grading better than 10 grams…


Mirasol makes the grade with Argentinean silver

VANCOUVER — Argentinean-focused silver-gold explorer Mirasol Resources (MRZ-V) has authored a successful joint-venture story with U.S.-based producer Coeur d’Alene Mines (CDM-T, CDE-N) at the Joaquin silver-gold property in…



AuRico reflects changing investment landscape

While many market watchers see the depressed state of mining equities as a historic opportunity for increased M&A activity, some miners with hoards of cash are actually turning away from acquisitions, preferring to focus on returning…


Ur-Energy clears final hurdle at Lost Creek

Shares of Ur-Energy (URE-T, URG-X) rose 5% to 99¢ on Oct. 5 after the Bureau of Land Management approved the company’s plan of operations for the Lost Creek uranium in-situ recovery project in Wyoming. The record of decision (ROD) is…



People

Afferro Mining — Ousmane Kane appointed a director.


Correction

In the article “NuLegacy gets in line on Nevada’s Cortez trend” (T.N.M., Sept. 17–23/12), it was incorrectly stated that NuLegacy Gold has an option agreement with Miranda Gold on the Wood Hills South gold project in Elko County,…


The R65 kimberlite showing at Stornoway Diamonds' Renard diamond project in Quebec. Photo by Stornoway Diamonds

Stornoway navigates the road to production

Recent media reports have suggested Stornoway Diamonds’ (SWY-T) Renard diamond project in Quebec may face delays given that construction of the Route 167 extension from Chibougamau to the Otish Mountains is slightly behind plan, but the…


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