News

TomaGold shares jump 140% on Monster drill hole

VANCOUVER — Montreal-based TomaGold (LOT-V) garnered a lot of market attention following the release of preliminary high-grade assay results on its Monster Lake gold property outside the town of  Chibougamau, Quebec.



Gold Fields eyes Ontario junior for growth

Gold Fields (GFI-N) has signaled interest to acquire a majority stake in Bear Lake Gold’s (BLG-V) early-stage exploration assets, driving the Ontario-focused junior’s shares up 50% on April 10.


Confusion lingers over Indonesian export taxes

Earlier this month Reuters reported that Indonesia is mulling plans to slap export taxes of 25% on coal and base metals this year and as much as 50% in 2013. The measures are being contemplated as part of an effort to prevent miners from trying…



Augusta inches Rosemont forward

Augusta Resource (AZC-T, AZC-X) is slowly but surely pushing its Rosemont project in Arizona towards production, by securing the sixth major permit needed to start building the massive copper project, located 50 km southeast of Tucson.



Bannerman makes headway at Etango

With a recently completed definitive feasibility study now under its belt, Bannerman Resources (BAN-T) says it can step up discussions with potential development partners and other financiers for its flagship Etango project in Namibia—one…


B2Gold ups its presence in Nicaragua

B2Gold (BTO-T) is increasing its foothold in Nicaragua by agreeing to take full ownership of two of its joint-venture gold properties, and earning into two more projects in the country.


Drilling lifts Belo Sun Mining

Assay results released Apr. 5 from Volta Grande, an advanced stage exploration project in Brazil about 60 km southwest of the town of Altamira in the country’s northern state of Para, sent the shares of Belo Sun Mining (BSX-T) up 3.6% to…



Sizing up BC’s next copper kings

With capital costs escalating all around the industry and mine financing not getting any easier, good infrastructure looks to be as crucial as ever to building a successful, major copper mine in B.C.


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