Sunridge brightens Asmara’s economics
Sunridge Gold (SGC-V) has outlined stronger economics for its prized Asmara copper-zinc-gold project in Eritrea in a feasibility study that outshines last year’s prefeasibility study.
News
Titanium digs for value in oil sands tailings
VANCOUVER — Titanium Corp. (TIC-V) sees an opportunity in the waste being created by the big bitumen business in northeastern Alberta. With backing from the federal and provincial governments, the Edmonton-based junior is aiming to…
Canadian Natural on track with Horizon expansion
Canadian Natural Resources (CNQ-T) is moving along with its staged expansion at its prized Horizon oilsands project near Fort McMurray, Alberta, to boost the current production capacity to 250,000 barrels.
JV partners grow resource at Woodjam
In a little over a year, partners Consolidated Woodjam Copper (WCC-V) and Gold Fields (GFI-N) have grown the inferred resource at the Southeast zone on their Woodjam property in the Cariboo region of central British Columbia from 146.5 million…
Golden Star gets grade at depth
Golden Star Resources (GSC-T, GSS-N) has released impressive drill results from its Wassa gold mine in Ghana, but the economic implications of the mineralization are still unclear.
Lundin on track despite first-quarter zinc setback
VANCOUVER — Diversified base metal producer Lundin Mining (LUN-T) is on target to meet its guidance this year despite lower-than-anticipated production during the first quarter at its wholly owned Zinkgruvan zinc-lead-copper mine, 200 km…
Kinross’ $2.7B expansion plan at Tasiast raises more questions
VANCOUVER — Kinross Gold (K-T, KGC-N) has endured plenty of criticism since acquiring Red Back Mining and its Tasiast gold project for a hefty US$7.1 billion three years ago. And the company provided markets with more questions than…
Confederation gets to know Newman Todd
VANCOUVER — Two years into exploring the Newman Todd gold project in Ontario’s Red Lake district, Confederation Minerals (CFM-V) has a handle on how to hit the project’s gold-bearing carbonate zones. The result is a high…
Allied Nevada ponders scale-back
Allied Nevada Gold (ANV-T, ANV-N) is considering a more modest proposal for expanding its Hycroft mill in Nevada, and that has dismayed the markets.
Eldorado perseveres on the road to more ounces
VANCOUVER — It has been a busy year for Eldorado Gold (ELD-T), but that’s business as usual for a company that has doubled its gold output in five years, and plans to more than double it again by 2015.
Consistent gold hits for Red Eagle in Colombia
VANCOUVER — The Santa Rosa gold project in Colombia is producing promising intercepts even as owner Red Eagle Mining (RD-V) updates the project’s gold tally and wraps up a first-pass economic assessment.
Belo Sun drops on Volta Grande’s prefeasibility study
Shares of Belo Sun Mining (BSX-T) fell after the company released a prefeasibility study on its 100%-owned Volta Grande gold project in Para State, Brazil, after markets closed on May 6.