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News
New discovery moves Volta upwards
A new discovery at its Kiaka gold project in Burkina Faso has had explorer Volta Resources (VTR-T) riding high.
Pretium sketches larger mine at Brucejack
Pretium Resources’ (PVG-T, PVG-N) updated preliminary economic assessment (PEA) for the Brucejack gold-silver project in northern B.C. foresees an even larger and more robust mine.
Rio Tinto finds Australia’s biggest pink diamond
Rio Tinto (RIO-N)has discovered the biggest pink diamond yet found in Australia.
Canada Lithium secures $92M vote of confidence
While investor confidence hasn’t necessarily returned to Canada Lithium (CLQ-T), the company has been given stamps of approval by Scotiabank and Caterpillar Financial Services in separate financing deals.
Lumina hits more long intersects at Taca Taca
Lumina Copper (LCC-V) reports that the Taca Taca deposit in northwestern Argentina, 90 km east of Escondida, the world’s largest copper mine, has yielded the longest mineralized intercept to date with 813 metres grading 0.60% copper…
Lumwana’s margins below Barrick’s expectations
Half a year in, Barrick Gold’s (ABX-T, ABX-N) newly purchased Lumwana copper mine in Zambia has done little to rebut the critics who denounced Barrick’s contentious and expensive move into copper through its June 2011 takeover of…
Newmont writes off Hope Bay
Newmont Mining (NMC-T, NEM-N)has written down the entire US$1.6-billion net book value of its Hope Bay gold project in remote Nunavut. The decision comes just weeks after the company announced it was placing the project on care and maintenance…
SilverCrest boosts Santa Elena production and La Joya resource estimate
SilverCrest Mines (SVL-V) is on a roll as rising production at its Santa Elena silver-gold mine in Sonora State, Mexico, and a 424% increase in silver-equivalent inferred resources has seen shares jump 33% to a $2.55 high over the past six…
Doubled Hassai resource creates buzz for La Mancha
Exposed sulphide mineralization appears at the bottom of 12 out of 16 oxide pits that make up La Mancha Resources’ (LMA-T) Hassai gold-copper mining complex in the remote desert of northern Sudan. And a new resource estimate based on…
Victoria’s Eagle to land in two years
With a feasibility study now in hand for its Eagle gold deposit on the wholly owned Dublin Gulch property in central Yukon, Victoria Gold (VIT-V) has solidified a plan that could take it from junior developer to gold miner by the end of 2014.
Cadillac Mining up 241% on Goldstrike results
Two gold hits in Utah have vaulted Cadillac Mining’s (CQX-V) share price up 20.5¢, or 241%, to 29¢ on 8.4 million shares traded.