A giant stirs in Bougainville
PANGUNA, BOUGAINVILLE — After more than 20 years in limbo, the small Papua New Guinea island of Bougainville is closer than ever to reopening the infamous Panguna mine.
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Victoria moves closer to Eagle Gold construction
Victoria Gold’s (VIT-V) goal of turning its Eagle Gold project into the Yukon’s next gold mine has moved closer to realization. The Yukon Environmental and Socio-Economic Assessment Board has finished an environmental…
Nordgold opens Bissa mine in Burkina Faso
BISSA, BURKINA FASO — Just 15 months after starting construction, Nordgold (NORD-L) has entered production at its Bissa open-pit gold mine in Burkina Faso, located in the rural commune of Sabce, 100 km north of the capital Ouagadougou.
Detour Gold pours first dore bars
Detour Gold (DGC-T) and its shareholders have something to cheer about, as the junior gold explorer has graduated to producer after completing its first gold pour at the large Detour Lake mine in northeastern Ontario, a goal the company has…
Goldcorp keeps its shine through tough gold markets
VANCOUVER — Though it was not all good news for Vancouver-based major Goldcorp (G-T, GG-N), the company can rest easy on a strong fourth quarter that beat analysts’ estimates and set production records.
Yamana beefs up Cerro Moro
Yamana Gold (YRI-T, AUY-N) is getting a firmer handle on its recently acquired Cerro Moro gold project in Argentina.
Northern Freegold advances flagship property in the Yukon with positive PEA
VANCOUVER — Four years after establishing an initial resource at its Freegold Mountain gold project in the Yukon, Northern Freegold Resources (NFR-V) has a positive preliminary economic analysis (PEA) for the project.
Positive study for Champion Iron in Labrador Trough
VANCOUVER — A preliminary feasibility study has concluded the East and West iron ore deposits at Champion Iron Mines’ (CHM-T) Consolidated Fire Lake North (CFLN) project could produce 9.3 million tonnes of concentrate grading 66%…
Florence prefeasibility lifts Curis
VANCOUVER — Curis Resources (CUV-T) bucked two of the mining sector’s most persistent problems — creeping capital costs and rising operating expenses — with a prefeasibility study for its Florence copper project in…
Energizer outlines graphite economics
VANCOUVER — A busy 12 months for Toronto-based explorer Energizer Resources (EGZ-T) culminated on Feb. 26 with the release of a preliminary economic assessment (PEA) on its Molo graphite deposit, 145 km southeast of the city of Toliara in…
Colt gets mining licences for its tungsten, gold projects
Montreal-based explorer Colt Resources (GTP-V) tumbled to a 52-week low after announcing it received two experimental mining licences that allowed it to advance its tungsten and gold exploration projects in Portugal. It likely wasn’t the…
Centerra faces challenges at Kumtor
VANCOUVER — The past year has been marked by operational and jurisdictional challenges for Toronto-based producer Centerra Gold (CG-T) at its flagship Kumtor gold mine, 350 km southeast of Bishkek in Kyrgyzstan.