Alacer looks to shed Australian mines
There are knocks on the door for Alacer Gold’s (ASR-T) Australian assets, and the company is listening.
News
Azumah works to grow planned pits at Wa gold project
VANCOUVER — Continued gold intercepts from drilling between various pits at the proposed Wa gold mine in Ghana suggest that owner Azumah Resources (AZR-V) could reveal a larger gold reserve in its pending feasibility study update.
Royal Nickel’s Dumont reaches feasibility
Royal Nickel (RNX-T) has something to cheer about with a positive feasibility study tabled on its large-scale Dumont nickel-sulphide project in Quebec’s Abitibi region, 25 km west of the city of Amos and 60 km northeast from the…
Seafield envisions a smaller mine at Miraflores
VANCOUVER — Seafield Resources (SFF-V) has an updated preliminary economic assessment (PEA) in hand for its multi-million ounce Miraflores gold-silver deposit situated 100 km south of Medellin, Colombia, and the Toronto-based junior has…
Fortune Minerals gets strategic investment
Procon Resources, a Vancouver-based mining contractor that is majority owned by China CAMC Engineering Co., is making an $11.7 million strategic investment in Fortune Minerals (FT-T) at a price of 40¢ per share — a 14% premium over…
Northern Miner editor-in-chief talks Ring of Fire on CBC Radio
Northern Miner editor-in-chief John Cumming was a guest of Lisa Laco this week on CBC Radio Thunder Bay’s morning program Superior Morning to discuss Cliffs Natural Resources’ decision to put the brakes on work at its Black Thor…
Premier expands Cove’s resource envelope
In the latest batch of results from 20 holes drilled into the Helen Zone at Premier Gold Mines’ (PG-T, PIRGF-O) Cove gold project in northeastern Nevada’s Eureka-Battle Mountain Trend, 19 hit mineralization.
Allana adds major potash tonnage at Danakil
VANCOUVER — Just four months after releasing a feasibility study on its wholly-owned Dallol potash asset in Ethiopia’s northeastern Danakil Depression, Toronto-based junior Allana Potash (AAA-T) has followed up with a new resource…
Lucara’s Karowe diamond mine keeps giving
Lucara Diamond (LUC-T) is one of the few junior diamond producers excelling in the turbulent markets, as it discovers more large stones at its 100%-owned Karowe diamond mine in Botswana, including a 239-carat stone, which recently sold for…
Endeavour gets El Cubo back on track
Endeavour Silver (EDR-T, EXK-N) is continuing its mission of Mexican rejuvenation.
Corvus bumps up economics at North Bullfrog
An optimized preliminary economic assessment (PEA) for Corvus Gold’s (KOR-T) North Bullfrog open-pit gold-silver project in southern Nevada has outlined a slightly larger project with substantially better returns.
PMI Gold finds new prospect at Obotan
PMI Gold’s (PMV-T, PVM-A) flagship Obotan gold project — which already includes four known deposits in Ghana’s Asankrangwan gold belt (Nkran, Adubiaso, Abore and Asudai) and could produce gold as early as the second half of…