Turquoise Hill Resources (TRQ-T, TRQ-N) rose more than 11% after announcing it has finalized the much anticipated power purchase agreement (PPA) for its Oyu Tolgoi copper-gold mine in Mongolia’s South Gobi desert.
Gold Canyon Resources (GCU-V) boosted total ounces in its latest resource update, but it did so at the cost of grade.
A few years ago when Chad Williams was CEO of Victoria Gold (VIT-V), the company was looking to acquire a particular advanced project. The board, however, was split on what to do.
In what’s become an increasingly frosty relationship, Canadian-based companies Inmet Mining (IMN-T) and Petaquilla Minerals (PTQ-T) continue to squabble over a takeover bid that would see the larger Inmet absorb Petaquilla, which runs the…
Agnico-Eagle Mines (AEM-T, AEM-N) has bulked up its full-year production guidance following a solid third quarter, where both the Meadowbank and Kittila gold mines reported record quarterly output and improved costs.
Late October was notable for the sudden and unexpected resignation of Cynthia Carroll as CEO of London-based mega-miner Anglo American, widely seen as a giving in to strong shareholder pressure to step down. It brings to an end this particular…
West Africa-focused gold producer Amara Mining (AMZ-T, AMA-L), formerly Cluff Gold, is hoping get a little more life out of its 78%-owned Kalsaka gold operation in Burkina Fasom, 150 km northwest of the capital Ouagadougou.
With first-phase construction well underway at Vancouver-based Platinum Group Metals’ (PTM-T, PLG-X) Western Bushveld joint-venture project 1 (WBJV 1), the company is turning its attention to its Waterberg discovery on the North Limb…
Barrick Gold (ABX-T, ABX-N) has unveiled another disappointing quarter, where it continues to wrestle rising costs, project delays and shrinking profits, prompting investors that expected a better third quarter to drive down the stock.
Magellan Minerals (MNM-V) has completed a preliminary economic assessment (PEA) on its Coringa gold deposit in Brazil’s Tapajos province, suggesting strong economics to move the project to the feasibility stage, with a construction…
VANCOUVER — Vancouver-based explorer Tirex Resources (TXX-V) is set to make history in the small Balkan nation of Albania. On Oct. 29, Tirex succeeded in acquiring 25-year mining licenses that encompass six past-producing deposits in…
It’s been a busy second half of the financial season for Luna Gold (LGC-T).
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