News


A ‘win-win’ deal for Kirkland, Queenston

In a move to secure future growth, Kirkland Lake Gold (KGI-T, KGI-L) is buying Queenston Mining’s (QMI-T) 50% stake in seven jointly held properties the two have in Ontario’s Kirkland Lake gold camp for $60 million in cash and a…



The old Leprechaun offers up challenges to Marathon

Marathon Gold (MOZ-T) and Mountain Lake Resources (MOA-V) had to fight through some heritage issues at the Leprechaun deposit in Newfoundland, but its latest resource update outlines a resilient deposit.


Richmont drops on Wasamac’s PEA

Richmont Mines (RIC-T, RIC-X) saw it shares tumble after publishing a preliminary economic assessment (PEA) for its Wasamac gold project in Rouyn-Noranda, Que.


Fortuna sees a reversal of fortunes

Vancouver — Fortuna Silver Mines (FVI-T, FSM-N) is the latest company to get hammered for cost escalations after missing 2011 projections and forecasting higher costs for 2012.



Mitsubishi takes stake in Marathon

Mitsubishi Corp. of Japan will invest US$94.9 million for a 25% stake in Stillwater Mining’s (SWC.U-T, SWC-N) Marathon project, a platinum group metals and copper deposit near the north shore of Lake Superior about 10 km north of the town…



Northern Vertex finds more Mossy gold

Northern Vertex Mining (NEE-V, NHVCF-O) has its first assays in from the diamond drill part of its latest program at the Moss gold and silver project in Arizona.


First Quantum preps Sentinel for production

First Quantum Minerals (FM-T, FQM-L), which has several copper projects in its development pipeline, has provided a maiden reserve and resource for its Sentinel copper project in Zambia.


Riverstone reports wide intersects at Goulagou I

The results of ten diamond drill holes at the Goulagou I deposit will allow Riverstone Resources (RVS-V, RVREF-O) to upgrade the resource model at its flagship Karma gold project in Burkina Faso, the company says.


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