Gold




Volta Power Cuts to Hit Gold Mines

Low water levels in the Volta River system have led the Ghanaian power generation agency, the Volta River Authority, to begin a program of load management that includes some power cuts to users, inclu…


NovaGold Thwarted in Attempt to Block Barrick Bid

Vancouver — NovaGold Resources (NG-T, NG-X) was dealt a blow recently, when the U.S. District Court of Alaska declined to grant a preliminary injunction that would temporarily suspend Barrick Gold’s…


New World Cuts Higher Grades at Lipea

Vancouver — The second and third holes by New World Resource (NW-V, NWFFF-O) at the Lipea project in southwestern Bolivia indicate a wide zone of higher-grade copper-gold mineralization….


Anatolia Recharges Treasury for Cpler

Vancouver — Anatolia Minerals Development (ANO-T, ALIAF-O) has lined up a $61.5-million financing to fund development of its pler gold project, located about 500 km east-southeast of Ankara in Turk…


Kensington Tailings on Hold

The U.S. Ninth Circuit Court of Appeals in San Francisco has issued a temporary injunction halting construction activities on the tailings dam portion of Coeur d’Alene Mines’ (CDM-T, CDE-N) Kensington…


Newmont Drops Matrix

Vancouver — After spending US$2.2 million on exploration over three years, Newmont Mining (NMC-T, NEM-N) has terminated an option to earn up to a 70% interest in the Matrix gold project west of Arvia…


Drilling and Prestripping Continue at Minto

Vancouver — Recent exploration drilling by Sherwood Copper (SWC-V, SWOPF-O) has intersected additional high-grade mineralization at the Minto copper-gold project being advanced to production in the Y…




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