NAT Tallies Cantung
As North American Tungsten (NTC-V) gets ready to put its Cantung tungsten mine in the Northwest Territories on care and maintenance, the company had some good news about the mine life.
News
Eagle Hill Gets The Cash It Needs To Survive (September 28, 2009)
Eagle Hill Exploration (EAG-V, EHECF-O) will soon have the funds it needs to shore up its recent acquisition of Noront Resources’ (NOT-V, NOSOF-O) Windfall Lake gold project in Quebec’s Chibougamau mi…
Romarco’s Gold Rush In The Carolinas
Romarco Minerals (R-V) is finding there’s still plenty of gold left in South Carolina’s hills.
Soros Fund Invests In Marengo
Billionaire George Soros’s investment fund has taken a 19.9% stake in Marengo Mining (MRN-T, MRN-A), the developer of the Yandera copper project in Papua New Guinea, as part of the junior’s $14.8-mill…
Rusoro Gets Penultimate Permit For Increible 6 Gold Deposit
Rusoro Mining (RML-V, RMLFF-O) has nailed down the penultimate permit it needs to move its Increible 6 gold deposit in southeastern Venezuela into production.
Kirkland Lake Gold Revenues Up
VANCOUVER — Gold sales were up for Kirkland Lake Gold (KGI-T, KGILF-O) during the quarter ending July 31. Kirkland sold 20,994 oz. gold at a price of C$1,072 per oz. over the period for revenues of $22.5 million.With operating expenses of…
Metanor Gets Results At Barry Pit, Nelligan
Metanor Resources (MTO-V, MEAOF-O) has been seeing promising results from expansion drilling at its Barry pit at the operating Bachelor Lake gold mill, in Desmaraisville, Que., and at the Nelligan property just west of Bachelor Lake, and its…
Century Mining Lands $20M In Deal With Private Investors
Cash-strapped Century Mining (CMM-V, CMNZF-O) has pulled a rabbit out of its hat with a tentative investment deal by firms owned by Russian tycoon Maxim Finskiy and American investor Fran Scola to inject $20 million into the company.The U….
Apollo Signs Toll-Milling Deal With St Andrew
Apollo Gold (APG-T, AGT-X) will mill 100,000 tonnes of ore from its Black Fox mine at St Andrew Goldfields’ (SAS-T, STADF-O) nearby Holt mill.Under the arrangement, excess low-grade ores will be trucked, using a contractor, to St Andrew’s…
Xstrata Hit By Vale Inco Strike
While the masses went back to work and school after Labour Day, the last long weekend of summer will stretch 7-10 weeks for many at Xstrata Copper’s Kidd metallurgical site, near Timmins, Ont.The copper smelter and refinery, which employs…
Aurizon Reports High-Grade Intercepts At Casa Berardi
Drilling along an exploration drift on the 810-metre level — about 650 metres east of the Casa Berardi mine’s existing shaft — has yielded high-grade intercepts, including 18.9 grams gold per tonne over 4 metres, Aurizon Mines (ARZ-T, AZK-N)…
Northgate Unearths New Zone At Young-Davidson Project
Northgate Minerals (NGX-T, NGX-X) has found a new gold zone at its Young-Davidson property near Matachewan, Ont., close to the area of the proposed mine shaft.”These holes were originally drilled as condemnation holes to make sure there was…