News

Construction workers at Semafo's Mana mine in Burkina Faso. Credit: Semafo

Semafo good to go with Siou and Fofina

Authorities in Burkina Faso have given Semafo (TSX: SMF; US-OTC: SEMFF) the go-ahead to develop its Siou and Fofina gold deposits sooner than expected. 



Geologists inspecting core at Castle Mountain Mining's namesake gold project in San Bernardino County, California. Credit: Castle Mountain Mining

Castle Mountain completes maiden resource

Research analysts Joe Mazumdar and Scott McLean of Canaccord Genuity in Vancouver have raised their target price on Castle Mountain Mining (TSXV: CMM) to $1 per share and added the company to the Canaccord Genuity Focus List, after the…


Men walk into an  adit at the Wellgreen PGM-nickel-copper project in the Yukon. Credit: Prophecy Platinum

Prophecy Platinum reports a half-mile of mineralization

Picture seven football fields in a row of continuous mineralization, and that’s the width of platinum group metal (PGM) mineralization intercepted in a single drill hole at Prophecy Platinum’s (TSXV: NKL; US-OTC: PNIKF) Wellgreen…


PotashCorp cuts workforce by 18%

Potash Corp. of Saskatchewan (TSX: POT; NYSE: POT) is reducing its workforce by 18% amid soft crop-nutrient demand from developing markets.


A worker places drill core in a container at Dalradian's Curraghinalt project in Northern Ireland. Credit: Dalradian Resources

Dalradian nails key permit at Curraghinalt

A permit application for underground exploration development at Dalradian Resources’ (TSX: DNA) high-grade Curraghinalt gold project in Northern Ireland has been approved.


Drill core showing visible gold from Pretium's Brucejack project in BC. Credit: Pretium Resources

Pretium shares surge as bulk sample beats gold target

VANCOUVER — Pretium Resources’  (TSX: PVG; NYSE: PVG) shares soared 80% on news that the Brucejack project bulk sample has already produced more than the 4,000 oz. gold Pretium promised it would — with 20% of the sample…



Sandspring Resources'  Toroparu gold project in Guyana. Credit: Sandspring Resources

Sandspring jumps on Silver Wheaton’s streaming deal

Silver Wheaton (TSX: SLW; NYSE: SLW) has given a confidence boost to Sandspring Resources (TSXV: SSP; US-OTC: SSPXF) by signing its first early deposit stream agreement for the junior’s Toroparu gold project in Guyana, a week after…


Australian billionaire Andrew Forrest owns 31.7% of Poseidon Nickel.

Poseidon hopes to restart Mt. Windarra in 2014

Australian billionaire Andrew Forrest stepped down in September as non-executive chairman of Poseidon Nickel (ASX: POS) to focus on his philanthropic endeavours, but his resignation didn’t signal any underlying loss of confidence in…


Trucks in the pit at Copper Mountain Mining's namesake copper-gold mine near Princeton, B.C. Credit: Copper Mountain Mining

Copper Mountain sinks on $30M equity raise

Copper Mountain Mining (TSX: CUM) shares have been sliding since the company’s surprise move to raise $30.1 million in a bought deal to fund a secondary crusher and increase throughput at its eponymous copper–gold mine near…


Banro drives towards more production in the DRC

Banro’s (TSX: BAA; NYSE-MKT: BAA) third-quarter results show that the company — with expanding gold operations in the eastern Democratic Republic of the Congo — is tracking in the right direction.


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