Midway runs into trouble at Pan mine
Midway Gold (TSX: MDW; NYSE-MKT: MDW) has hit a rough patch, less than two months after it initiated production at its Pan gold heap-leach mine in Nevada.
Gold
Sabina focuses on optionality at Back River
A feasibility study for Sabina Gold & Silver’s (TSX: SBB; US-OTC: SGSVF) Back River gold project in Nunavut shows the project could be a large, low-cost producer that could be scaled down in order to lower capital requirements.
China’s Zijin Mining buys into Barrick, Ivanhoe assets
Just a week after Vale (NYSE: VALE) unveiled a memorandum of understanding with one of China’s largest commercial banks for financing arrangements worth up to US$4 billion, Zijin Mining Group of southern Fujian province has agreed to…
Newmarket Gold’s dream team aims to consolidate industry
VANCOUVER — If past success is an indicator for future prosperity, Newmarket Gold (TSXV: NGN) could very well be on its way to the top. The company’s board and management roster includes a variety of industry heavy hitters with…
TSX Venture edges up, May 11-15
The S&P/TSX Venture Composite Index eked out a 4.16-point gain over the trading session to close at 695.31. The index has been stuck at late-2008 levels of 700 points and below since November.
Atico Mining’s confidence in El Roble grows
Atico Mining’s (TSXV: ATY; US-OTC: ATCMF) El Roble underground mine is the only copper-gold volcanogenic massive sulphide (VMS) deposit in production today in Colombia and the Vancouver-based junior producer is becoming more confident by…
Hudbay hits commercial production at Constancia
Hudbay Minerals (TSX: HBM; NYSE: HBM) has stayed on course with its ambitious growth plans over the last five years, bringing online three new mines, with the latest being the large Constancia copper-molybdenum-gold-silver mine in Peru.
Cordoba entices Friedland’s HPX to explore Colombia
VANCOUVER — It’s been over a year since Mario Stifano, president and CEO of Cordoba Minerals (TSXV: CDB; US-OTC: CDBMF) shared an elevator with international financer Robert Friedland and sparked the billionaire’s interest in…
BitGold surges on TSXV debut
If you believe, as Roy Sebag and Josh Crumb do, that the real value in gold is not holding it as an investment but using it as money, then you should check out BitGold (TSXV: XAU), the company they founded that uses an Internet-based technology…
Agnico invests in juniors Belo Sun, Pershimco
Belo Sun Mining (TSX: BSX; US-OTC: VNNHF) got a welcome boost after Agnico Eagle Mines (TSX: AEM; NYSE: AEM) said it would buy a 17.4% interest in the junior for $15 million.
TSX ends in the red, May 11-15
Canada’s main stock index retreated during the trading week. The S&P/TSX Composite Index fell 0.4% to 15,108.12. The S&P/TSX Capped Diversified Metals & Mining Index dropped 1.4% to 794.05, and the S&P/TSX Global Gold…
Barrick’s Alturas discovery could be the next Veladero
VANCOUVER — Barrick Gold (TSX: ABX; NYSE: ABX) has uncovered a hidden gold deposit known as Alturas, in Chile’s gold-rich El Indio district, 30 km south of the former El Indio mine.