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The Redmond mine is located 15 km  south of Labrador Iron Mines' Silver Yards processing facility near Schefferville. Credit: Labrador Iron Mines

LIM halts production due to low prices

After another disappointing fiscal year, Labrador Iron Mines (TSX: LIM; US-OTC: LBRMF) says it will not restart mining at its operations in the Labrador Trough  this coming year partly due to weak iron-ore prices, and will instead refocus…



Lake Shore aims to beat 2014 production forecast

Lake Shore Gold (TSX: LSG; NYSE-MKT: LSG) is moving in the right direction. The Toronto-based gold miner posted record quarterly and six-month production in the second quarter and first half of 2014, and expects to reach the top end of its…


Senior project geologist Hector Canales Lancho (left) inspects core at Focus Ventures' Bayovar 12 phosphate project in northern Peru. Credit: Focus Ventures

Focus aims for phosphate resource at Bayovar 12 in Q3

Focus Ventures’ (TSXV: FCV) Bayovar 12 phosphate project in northern Peru is shaping up quickly: the junior expects to release a maiden resource estimate in the third quarter, less than six months after announcing its first drill results…


The field camp at Belo Sun Mining's Volta Grande gold project in Brazil. Credit: Belo Sun Mining

Sun Valley Gold loads up on shares of Belo Sun Mining

Privately held hedge fund Sun Valley Gold has added to its shareholding in Belo Sun Mining (TSX: BSX) with the purchase of 7 million shares at 19¢, bringing its total stake to 12.4% in the Brazil-focused gold explorer.


Aura welcomes Agnico as partner in Nunavut

Shares in little known junior explorer Aura Silver Resources (TSXV: AUU; US-OTC: AUSVF) have been on the rise since Agnico Eagle Mines (TSX:AEM; NYSE:AEM) agreed to option into its 100%-owned Greyhound gold-silver project in Nunavut.



Conveyor belts at Perseus Mining's Edikan gold mine in Ghana. Credit: Perseus Mining

Drills probe new mill feed for Perseus in Ghana

VANCOUVER — Golden drill results from a satellite zone that could provide higher-grade feed for the Edikan gold mine in Ghana have given owner Perseus Mining (TSX: PRU; ASX: PRU; US-OTC: PMNXF) a nice share-price boost.


Coeur Mining's Palmarejo silver-gold operation, located in Chihuahua, Mexico. Credit: Coeur Mining.

Coeur rejigs stream agreement with Franco-Nevada

An amended royalty agreement with Franco-Nevada (TSX: FNV; NYSE: FNV) has given Coeur Mining (NYSE: CDE) the breathing room it needs to consider com­plet­ing the Guadalupe underground mine at its Palmarejo silver–gold complex in…


Pan American Silver's Dolores silver-gold mine in northern Mexico. Credit: Pan American Silver

Pan American Silver defers Dolores expansion

VANCOUVER — Adding an underground operation and a pulp agglomeration circuit to the open-pit Dolores silver–gold mine in Mexico would improve recoveries, boost throughout, increase free cash flow and cost only US$105 million to…


Roxgold president and CEO John Dorward.

Roxgold secures debt to finance Yaramoko

Since opening its data room and inviting term sheets and proposals from lenders in April, Roxgold (TSXV: ROG; US-OTC: ROGFF) has nailed down a US$75-million senior project debt facility from Société Générale and…


Alacer Gold's Copler gold mine in east-central Turkey, 120 km southwest of the city of Erzincan. Credit: Alacer Gold

Alacer plans sulphide expansion at Copler

VANCOUVER — For US$660 million Alacer Gold (TSX: ASR; US-OTC: ALIAF) could add a sulphide circuit to its heap-leach Copler (“Çöpler” in Turkish) gold mine in Turkey, an expansion that should pay for itself in the…


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