Northern Star steps up exploration at Midway-Malartic
Northern Star Mining (NSM-V, NSMSF-O) will begin a 30,000-metre drill program at its Midway-Malartic gold project, 16 km west of Val-d’Or, Que. by the end of February.
Gold
Giustra behind Goldcorp’s US$300M mines sale
Vancouver — In what looks to be a US$300-million pruning exercise, Goldcorp (G-T, GG-N) is spinning out mines in Australia and Brazil into a junior company led by Frank Giustra’s investment banking f…
Agnico-Eagle offers $710M for Cumberland
Agnico-Eagle Mines (AEM-T, AEM-N) plans to take on Canada’s North with its proposed takeover of Cumberland Resources (clg-t, clg-x).
Randgold tops 2005 profits
Mid-tier gold miner Randgold Resources (GOLD-Q, RRS-L) saw its earnings increase on higher gold prices and bigger production numbers in 2006.
Starcore closes financing for San Martin acquisition (February 26, 2007)
Vancouver — Starcore International Ventures (SAM-V, SHVLF-O) stands poised to enter the producer’s league following closure of an $18.7-million financing earmarked for the acquisition of the San Mart…
CGA to pick up Masbate
CGA Mining (CGA-T, CGX-A) has entered a deal with Thistle Mining (THTLF-O, TMG-L) to take over the Masbate gold project in the Philippines for US$30 million in cash and another US$21 million worth of …
Varvarinskoye resources inch up
A new resource and reserve estimate made for European Minerals (EPM-T, EUM-L) on the Varvarinskoye gold-copper deposit in northern Kazakhstan has increased the size of the resource, while knocking the…
Goldcorp sees higher 2007 production, costs.
Vancouver – Canadas second largest gold producer Goldcorp (G-T, GG-N), expects to produce 2.6 million oz. of the y…
Record earnings for Newmont in 2006 (February 22, 2007)
Vancouver – The worlds number two gold producer Newmont Mining (NMC-T, NEM-N) posted record net income of US$791 m…
Golden Star shines on Global Gold Index (February 22, 2007)
Stronger gold prices this year are lifting many a gold miner, but Golden Star Resources (GSC-T, GSS-X) has been out…
Louvem and Richmont short on production in 2006
The Beaufor gold mine near Val dOr, Que. was a disappointment in 2006 for both of its 50-50 joint venture owners, …
Southwestern hits China high grade at Boka 1 South
Vancouver – Southwestern Resources (SWG-T, SWGGF-O) said it is on track to deliver a prefeasibility study for its B…