News

Riverside forges alliance with Hochschild in Sonora

VANCOUVER — Vancouver-based project generator Riverside Resources (RRI-V) continues to add to its stable of strong partnerships in Mexico following a $2.5-million strategic alliance with London-based precious metal producer Hochschild…



Falco finds gold in Horne’s old data

Falco Pacific Resource Group (FPC-V) secured a jewel of Canada’s mining history just as markets tightened. But rather than let the conditions get it down, the company wound up proving an old adage correct: necessity is indeed the mother…


Processing facilities at Iamgold's Rosebel mine in Suriname. Source: Iamgold

Suriname approves new agreement with Iamgold

Early last month Iamgold (IMG-T, IAG-N) declared that it wanted to cut annual spending by $100 million through a combination of cost-cutting initiatives aimed at reducing mine operating costs, exploration expenditures and administrative…


From left to right: Rainy Resources' Kyle Stanfield, Vice-President of Environment and Sustainability; Garett Macdonald, Vice-President of Operations; Michael A. Mutchler, Vice-President and Chief Operating Officer.

Rainy River hits feasibility milestone

Rainy River Resources’ (RR-T) president and CEO Raymond Threlkeld is touting the company’s Rainy River gold deposit in northwestern Ontario as a “low risk and very high return project.”


New milestone for OceanaGold

Earlier this week OceanaGold (OCG-T, OGC-A) declared that the first concentrate from its Didipio open-pit mine in the Philippines was en route to Japan.


B2Gold hits gold in new zone at developing Otjikoto mine

VANCOUVER – With its list of gold mines having just climbed from two to three following the takeover of CGA Mining and with a fourth mine under construction, B2Gold (BTO-T) expects to be churning out more than half a million ounces of…



The mining camp at Sandspring's Toroparu gold mine. Source: Sandspring Resources

Sandspring strengthens economics of Toroparu mine

VANCOUVER — Sandspring Resources’ (SSP-V) Toroparu gold project in Guyana is sporting strengthened economics after a prefeasibility study lowered anticipated capital costs and increased gold recoveries, compared to the previous plan.



Transition Metals to acquire HTX Minerals

Geologist Scott McLean and geophysicist Keven Stevens set up privately held HTX Minerals in late 2007 and started raising capital for the start-up exploration company in January 2008.



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