Ressources Appalaches establishes Nova Scotia gold mine
Ressources Appalaches’ (TSXV: APP) president and CEO Alain Hupé is only too happy to follow a hunch.
Gold
GoldQuest’s PEA on Romero a ‘good start’
GoldQuest Mining (TSXV: GQC; US-OTC: GDQMF) has tabled a positive preliminary economic assessment (PEA) for its flagship project, consisting of the Romero and Romero South gold–copper deposits, two years after discovering the main deposit…
Temex hits shallow high-grade at Whitney
VANCOUVER — Drills at Temex Resources’ (TSXV: TME) Whitney gold project near Timmins, Ont., are finding high grades while the company upgrades the main deposit for a planned bulk sample and initial economic study.
Mandalay acquiring Elgin for $70M
VANCOUVER — Toronto-based gold miner Mandalay Resources (TSX: MND; US-OTC: MNDJF) had been on the lookout for an acquisition to boost its near-term production profile, and it has apparently found a fit in Elgin Mining (TSX: ELG,…
US stocks finish strong, May 27-30
U.S. equities ended the holiday-shortened trading week in positive territory.
Midway expands Gold Rock resource
Midway Gold (TSX: MDW; NYSE: MDW) may be in the thick of building its first gold mine at the Pan project in Nevada — with the first gold pour expected in the fourth quarter — but that hasn’t stopped the junior developer from…
Rye Patch touts Nevada’s Oreana Trend
VANCOUVER — A year ago explorer Rye Patch Gold (TSXV: RPM; US-OTC: RPMGF) scored a chunk of cash and a net smelter return royalty (NSR) thanks to some savvy staking around Coeur Mining’s (TSX: CDM; NYSE: CDE) Rochester…
Edgewater spins out Ghanaian gold into Pinecrest
VANCOUVER — Several months ago junior Edgewater Exploration (TSXV: EDW; US-OTC: EDWZF) was hit with a permitting delay at its flagship Corcoesto gold project, 35 km southwest of the port city of La Coruna in Spain. Edgewater had been…
Alamos adding Cerro Pelon and La Yaqui to the mix
Alamos Gold (TSX: AGI; NYSE: AGI) has scored a major victory at its Mulatos gold mine operation in Mexico with the acquisition of surface rights for two satellite gold deposits that could add low-cost production growth as early as 2016.
Iamgold becomes Calibre’s third partner in Nicaragua
Calibre Mining (TSXV: CXB; US-OTC: CXBMF) saw its shares surge 43% after reporting that Iamgold (TSX: IMG; NYSE: IAG) had signed an option to spend US$10.9 million to earn up to 70% of the junior’s Eastern Borosi gold–silver project…
Barrick inks deal with locals at Pascua-Lama
VANCOUVER — In the first step of what would be a long road to reconciliation, Barrick Gold (TSX: ABX; NYSE: ABX) has signed an initial agreement with most of the indigenous groups in Chile that oppose the company’s suspended…
Relief Canyon grows under Pershing
Steve Alfers cut his teeth as a transactions lawyer on international mining deals and as a privatization specialist working in some of the world’s most challenging jurisdictions — including Mongolia, Russia, Ukraine, Zambia and…