Roxgold advances Yaramoko
Pierre Vaillancourt of Macquarie Equities Research has initiated coverage of Roxgold (ROG-V) with an outperform rating and a 12-month target price of $1.50 per share—200% higher than its current trading price of 50¢.
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SilverCrest bulks up Santa Elena
SilverCrest Mines (SVL-V, SVLC-X) has increased probable reserves of silver by 103% and of gold by 50% at its flagship Santa Elena mine, 150 km northeast of Hermosillo in Sonora, Mexico. Indicated resources of silver have grown by 127% and gold…
Solvista rises on long gold-copper intercept at Caramanta
VANCOUVER — The intercept returned a great set of numbers: 457 metres averaging 1.01 grams gold per tonne, 0.21% copper and 2.3 grams silver per tonne, starting at surface. For the team at Solvista Gold (SVV-V), however, the real buzz…
Lucara sells diamonds for $25M
Lucara Diamond (LUC-T) has raked in more revenue than expected from its first special diamond sale for its Karowe diamond mine in Botswana.
Partners prove up copper potential at Pyramid project
VANCOUVER — It took less than three years and only 30 holes for Full Metal Minerals (FMM-V) and Antofagasta (ANTO-L) to define a resource at their Pyramid project in Alaska that contains more than 1.3 billion lb. copper, as well as…
Kootenay adds gold to Promontorio resource
VANCOUVER — Kootenay Silver (KTN-V) always knew there was gold alongside the silver at its flagship Promontorio project in Sonora, Mexico, but without proof the gold was economically recoverable, the company had to exclude the yellow…
Paladin waits for fundamentals to take hold
The supply and demand fundamentals arguing for a lift in the uranium price are plain to see, but the market remains moribund.
Ivanplats advances projects in Copperbelt, Bushveld
Ivanplats’ (IVP-T) shares lost 7% after the company updated the market on its three large precious and base metal projects in Africa.
Another hill to climb for Copper Mountain
Operational issues at the Copper Mountain mine in B.C. are hounding Copper Mountain Mining (CUM-T).
Nevsun optimistic about new zone near Bisha
VANCOUVER — Drills probing the Northwest zone, a satellite zone 1.2 km from Nevsun Resources’ (NSU-T, NSU-N) operating Bisha gold mine in Eritrea, are finding high-grade gold, copper and zinc — just not all in the same place.
Terrorists strike Areva in Niger
Niger’s northern desert hosts world-class uranium deposits, but unfortunately it is also playing host to terrorists.
Centerra hits another roadblock at Kumtor
A swarm of protestors have blocked the only road leading to Centerra Gold’s (CG-T) Kumtor gold mine in Kyrgyzstan in a move to pressure the government to cancel the 2009 Kumtor agreement it signed with the miner.