More big things to come from little Panama
PANAMA CITY, PANAMA — There may be 117 countries with more land mass and another 131 countries ahead of it when it comes to population, but for such a small country, Panama likes to do things big.
Gold
Kirkland Lake Gold drills shallow high grade
Near-surface drilling that has returned an intercept of 1,718.06 grams gold per tonne over a true width of 0.6 metre from 280 metres below surface — 1.5 km from Kirkland Lake Gold’s (TSX: KGI; US-OTC: KGILF) operating Macassa…
Altan CEO gets creative to finance greenfield exploration
VANCOUVER — It has been a lean two years for mineral explorers, and Evan Jones has seen just how tough capital markets have been on juniors, having guided sister companies Altan Rio Minerals (TSXV: AMO) and Altan Nevada Minerals (TSXV:…
More exploration ahead for B2Gold in the Philippines
B2Gold (TSX: BTO; NYSE-MKT: BTG) will spend $6.2 million on exploration this year in the Philippines near its Masbate open-pit gold mine, and recent drill results suggest that the company may have a good shot at enhancing the mine’s…
Pilot, Nevada Sunrise jump on strong drill results
Shares in Pilot Gold (TSX: PLG; US-OTC: PLGTF) and Nevada Sunrise Gold (TSXV: NEV; US-OTC: NVSGF) got a welcome boost after solid drill results on their jointly held Kinsley Mountain gold project in Elko County, Nevada.
Moneta finds new gold zone at Golden Highway
Toronto-based Moneta Porcupine Mines (TSX: ME; OTC: MPUCF) is up on strong assays from a hole drilled outside of the current resource at its 100% owned Golden Highway gold project in Timmins, Ont.
PDAC: What turns a discovery into a mine?
Less than half of the discoveries made since 1950 have turned into mines so far, Richard Schodde, managing director of Melbourne-based MinEx Consulting, said at the recent Prospectors & Developers Association of Canada’s annual…
Rob McEwen on gold, royalty companies and Argentina
In January 2013 Rob McEwen’s McEwen Mining (TSX: MUX; NYSE: MUX) opened its 100%-owned El Gallo 1 open-pit heap-leach mine in Mexico for $13 million. This year the mine is expected to produce 40,000 oz. gold at an average cash cost of…
Reservoir Minerals raising $33 million in double financing
VANCOUVER — Investment dollars may be hard to rustle up these days, but Reservoir Minerals (TSXV: RMC; US-OTC: RVRLF) has a recipe for a raise: release an initial resource estimate for a flagship project containing 3.8 billion lb. copper…
Progress at North Bullfrog keeps Corvus shares climbing
VANCOUVER — It has been a good year so far for Corvus Gold (TSX: KOR). The company started out 2014 with almost $12 million in the bank, and has since released a raft of good drill results from its flagship North Bullfrog gold project in…
Columbus rises as Nordgold advances Montagne d’Or
VANCOUVER — What a difference a deal can make.
Gold developers rethink mine strategies in new market reality
VANCOUVER — Recent headlines have focused on the impact of a lower gold-price environment on the in-situ reserves and spending habits of majors and producers, but there’s also been a shift amongst smaller-cap companies with…