Klondex picks up Newmont’s Midax complex
At the end of last year Klondex Mines’ (TSX: KDX; US-OTC: KLNDF) CEO Paul Huet signalled that 2014 was going to be a big year.
Gold
New Gold finishes 2013 strong on back of New Afton
VANCOUVER — It’s been a rough ride for precious metal producers over the past twelve months, but New Gold (TSX: NGD; NYSE-MKT: NGD) executive chairman Randall Oliphant counselled investors to focus on gold’s upside during a presentation…
Pilot Gold uncovers porphyry potential at TV Tower
VANCOUVER — With a 4,900-metre, four-month drill program, Pilot Gold (TSX: PLG; US-OTC: PLGTF) has transformed the potential at its TV Tower project in Turkey from an interesting oxide gold target to a possible porphyry district.
Carpathian’s RDM mine remains closed, CEO resigns
Shares of Carpathian Gold (TSX: CPN; US-OTC: CPNFF) sank 22% to 7¢ apiece after the Toronto-based miner shuffled its management, including axing its CEO, weeks after it was forced to shutter its newly producing Riacho dos Machados…
Premier wraps up pair of PEAs for Trans-Canada
North America-focused explorer Premier Gold Mines (TSX: PG; US-OTC: PIRGF) has released dual preliminary economic assessments of its 100%-owned Hardrock and Brookbank gold deposits, which make up part of its Trans-Canada project in…
McEwen Mining gets the go-ahead for El Gallo 2
Regulatory authorities in Mexico have given the green light to McEwen Mining (TSX: MUX; NYSE: MUX) to build and operate El Gallo 2 — part of the company’s larger El Gallo silver–gold mining complex in the foothills of the…
Barrick sells another asset in Australia
Barrick Gold (TSX: ABX; NYSE:ABX) is peeling back its presence in Australia, as it prepares to take another hit on its balance sheet due to Pascua-Lama.
Detour expects lower 2014 cash costs
Detour Gold (TSX: DGC; US-OTC: DRGDF) estimates production this year to double and cash costs to improve at its Detour Lake gold mine in northeastern Ontario.
Newmont sees rough road this year
Newmont Mining (TSX: NMC; NYSE: NEM) had a good year in 2013, but it’s bracing for challenges ahead.
Commentary: Dundee’s Murenbeeld on gold’s decline – and coming climb
VANCOUVER — Gold’s fall last year and its outlook in 2014 are both complicated and straightforward, according to Martin Murenbeeld, the chief economist with Dundee Capital Markets, and his weighing of all the factors results in a…
Nevsun meets its 2013 copper guidance at Bisha
The recent switch from producing gold to copper from Nevsun Resources’ (TSX: NSU; NYSE-MKT: NSU) Bisha mine in Eritrea has gone well for the East Africa-focused miner, which reached the top end of its 2013 copper-production guidance.
Endeavour Silver hits all the right notes in 2013
VANCOUVER — An impressive fourth quarter capped off a strong year for mid-tier producer Endeavour Silver (TSX: EDR; NYSE: EXK) at its trio of Mexican silver mines. The company announced on Jan. 9 that its fourth-quarter production…