News

Alacer boosts production, stock rises

Alacer Gold (ASR-T, ALIAF-O) has wrung more production out of two of its gold mines, and in doing so, has made up for disappointing results from another.The company announced that second-quarter mine production results for its operations…


Nzema mine in Ghana. Photo by Endeavor Mining

Endeavour bids for Avion

Endeavour Mining (EDV-T) plans to buy Avion Gold (AVR-T) in a $389-million all-stock deal to increase its foothold in West Africa, and expand its annual production to over 450,000 oz. gold in 2015. Endeavour will provide a US$20-million loan to…


Miners endorse CN Rail plan for Labrador Trough

In the grand scheme of things Canada isn’t known as a great power in the iron ore business, but a group of forward-thinking mining companies have come together with the Canadian National Railway (CNR-T, CNI-N) to explore igniting a true…


Hudbay to build Constancia, signs stream agreement

Construction of the $1.5-billion Constancia copper mine in southern Peru is a go, and Hudbay Minerals (HBM-T, HBM-N) has signed a streaming agreement with Silver Wheaton (SLW-T, SLW-N) to help foot the bill.Under the first streaming agreement…


Premier hits more high grade at Trans-Canada

In an exploration update, Premier Gold Mines (PG-T, PIRGF-O) says it continues to intersect and expand on several horizons at its Trans-Canada gold project in northwestern Ontario, while hitting multiple high-grade intercepts. A bulk of the…


General Moly whacked by cost overruns at Mt. Hope

It may not be the best time to be in the molybdenum business, as aspiring U.S.-based producer General Moly (GMO-T, GMO-X) finds itself coping with rising costs at its flagship Mt. Hope development in central Nevada, in the face of weakening…


Editorial: Ooh la la: is Plan Nord becoming Plan Non?

In the world of mine development and its outsized scales of size, time and money, there’s always this thought in the back of the mind while listening to any promoter’s pitch: “Well, it may never happen.”This was the case…


Centerra reveals details of Kumtor review

Centerra Gold (CG-T) continues to release details regarding a parliamentary review of its Kumtor gold operation in Kyrgyzstan. During a second-quarter conference call Centerra’s management outlined the structure of the Kyrgyz commission,…


Roxgold tables initial resource at Yaramoko

Roxgold (ROG-V) is advancing its Yaramoko gold project in Burkina Faso, West Africa, despite lingering questions stemming from an unresolved proxy battle with a group of prominent shareholders.



Riverside sees latent potential in Mexico

VANCOUVER — During a period when junior explorers are feeling a cash crunch and limiting expenditures, Vancouver-based Riverside Resources (RRI-V) is notably busy in its capacity as a project generator and early-stage explorer. With a…


Barrick looks to sell its African assets

Barrick Gold’s (ABX-T, ABX-N) new CEO Jamie Sokalsky has gotten straight down to business to help lift the company’s stagnating share price through a possible sale of its African unit.


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