News

EMED says Rio Tinto is on track as CEO resigns

EMED Mining (TSX: EMD; LSE: EMED), which has been working for several years to satisfy the requirements of the Spanish government so that it can revive the past-producing Rio Tinto copper mine in Andalucia, says it expects to receive all…


McEwen Mining president Ian Ball.

Ian Ball takes the reins at McEwen Mining

Outside the tech industry, there aren’t too many sectors of the economy where you can find 31-year-old presidents of major companies, and certainly not in the field of mining, where the demographics in management are often skewed in the…


Exeter's Caspiche gold-copper project in Chile's Maricunga gold belt. Source: Exeter Resource

Exeter downsizes Caspiche to cut costs

Exeter Resource (TSX: XRC) is considering building a smaller-scale operation at its Caspiche gold-copper project in Chile’s famed Maricunga gold belt to lower start-up costs compared to developing a super pit that was proposed in its…


The view from Pilot Gold's new Karaayi property, looking east towards the TV Tower gold project in northwest Turkey. Source: Pilot Gold

Pilot Gold sees district-scale potential in Turkey, Nevada

VANCOUVER — Pilot Gold’s (TSX: PLG; US-OTC: PLGTF) large TV Tower property in Turkey has returned a stream of promising drill results over the past few months, including well-mineralized intercepts from the project’s silver…


New Dawn shuts Dalny mine in troubled Zimbabwe

Lower gold prices, operational problems and a two-year delay in approving its indigenization plan has resulted in a “serious liquidity problem” and the closure of its majority owned Dalny mine in Zimbabwe, New Dawn Mining (TSX: ND)…




A worker locates a drill site near a vineyard and convent at the Tabuaco tungsten project in Portugal, 100 km southeast of Porto. Source: Colt Resources

Colt gets positive PEA for Tabuaco tungsten project

VANCOUVER — A preliminary economic assessment (PEA) says the tungsten mine that Colt Resources (TSXV: GTP) is planning at its Tabuaco project in northern Portugal works on paper. It’s a vote of confidence for Colt to expand the…


Visitors entering the Santa Elena mine portal  in Sonora, Mexico. Source: SilverCrest Mines

SilverCrest’s drilling success at Santa Elena

VANCOUVER — Following a successful second quarter, producer SilverCrest Mines (TSXV: SVL; NYSE-MKT: SVLC) had more good news for investors in the form of drill results from its flagship Santa Elena silver-gold mine in Sonora, Mexico. The…


Miners walk along underground tunnels at the Cigar Lake project in Saskatchewan. Source: Cameco

Cameco delays Cigar Lake

Cameco (TSX: CCO; NYSE: CCJ) expects a six-month delay at its 50%-held Cigar Lake uranium project in northern Saskatchewan, as more work needs to be done at the mine and mill to ensure uranium can be safely extracted and processed.


Gabriel takes one step forward, two steps back

Just when Gabriel Resources (TSX: GBU; US-OTC: GBRRF) looked to be getting new traction on developing the Rosia Montana gold mine in Romania, a spate of protests appears to have turned the country’s prime minister against the project.


Exploration personnel at Detour Gold's Detour Lake gold project in Ontario. Source: Detour  Gold

Detour Lake drilling yields new gold structure

VANCOUVER — Ontario-focused miner Detour Gold (TSX: DGC; US-OTC: DRGDF) pleasantly surprised markets in August when it reached commercial production ahead of schedule at its wholly owned Detour Lake gold mine, which lies 185 km northeast…


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