La Mancha, a privately held investment company controlled by the family of Egyptian billionaire Naguib Sawiris — who earlier this month tweeted that he wants to buy an island in Europe to provide a home for refugees fleeing war-torn Syria…
For global gold miners, the emerging gold mining industry in Burkina Faso has been a wonderful success story of discovery and mine development in a land that until recently had little modern industry of any kind, or infrastructure.
For a company that hasn’t had to raise equity since 2006 and whose last financing was a $7-million convertible debenture in 2012, which isn’t due until 2017, Wesdome Gold Mines (TSX: WDO; US-OTC: WDOFF) has performed fairly well…
Polyus Gold (LSE: POLG) has tapped Wenco International Mining Systems to provide high-precision guidance for shovels and drills at its Blagodatnoye gold mine in eastern Siberia. The technology will be installed by the end of 2015.
At the end of August, Red Pine Exploration (TSXV: RPX; US-OTC: RDEXF) completed its earn-in for a 30% stake in the Wawa gold project, which hosts eight past-producing gold mines with average grades of 8.9 grams gold per tonne, 2 km southeast of…
At a time when many companies are putting exploration plans on hold to weather the downturn in metals markets, Richmont Mines (TSX: RIC; NYSE-MKT: RIC) is doing exactly the opposite.
VANCOUVER — Goldstrike Resources (TSXV: GSR) is gaining traction over a new gold district at its Plateau South project, 300 km east of Dawson City, Yukon, as recent drilling has expanded its high-grade gold targets.
VANCOUVER — Premier Gold Mines (TSX: PG; US-OTC: PIRGF) is taking a new approach to exploration at its past-producing Hasaga gold property in the prolific Red Lake mining district of northwestern Ontario, and Ewan Downie, president and…
VANCOUVER — Sabina Gold & Silver (TSX: SBB; US-OTC: SGSVF) is working hard to outline a development scenario at its Back River gold project in Nunavut that is viable in light of challenging capital markets. On Sept. 13 the company…
VANCOUVER — Kirkland Lake Gold’s (TSX: KGI; LSE: KGI; US-OTC: KGILF) quarterly results reveal that it has two advantages at its Macassa gold complex in northeastern Ontario: higher grades at its South Mine Complex (SMC), and a…
VANCOUVER — Detour Gold (TSX: DGC; US-OTC: DRGDF) is picking up momentum at its Detour Lake gold mine, 300 km northeast of Timmins, as the company anticipates first-ever positive cash flows since the operation reached commercial…
Ahead of a feasibility study due before year-end, Treasury Metals (TSX: TML; US-OTC: TSRMF) has increased by 44% the measured and indicated resources of its Goliath gold project near Dryden in northern Ontario.
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