Canamex soars 290% on high-grade intercept
Canamex Resources (CSQ-V) shares soared to new heights after releasing the best hole to date from its Burner gold-silver project in central Nevada.
Gold
Orsu sheds one asset to focus on another
Orsu Metals (OSU-T, OSU-L) has taken another step towards getting its Karchiga copper production into production.
La Mancha to join 2012 M&A list
An investment firm managed by Egyptian multi-billionaire Naguib Sawiris called Weather II has launched a $500 million takeover bid for La Mancha Resources (LMA-T) at $3.50 per share in cash—a 56% premium to the junior’s closing…
Mixed results for Ethos Gold’s first pass at Betty
The first drill program on Ethos Gold’s (ECC-V) Betty project in the Yukon has yielded encouraging gold discoveries, and numerous blanks.The first half of a phase-one drill program includes results for 22 reverse-circulation drill…
Barkerville’s 10.6-million-oz. resource more bark than bite?
Barkerville Gold Mines’ (BGM-V) share price climbed more than 50% after the company put out a 10.6-million-oz.-gold resource estimate for its Cow Mountain deposit in central B.C., but questions have been raised about the accuracy of the…
Guyana’s jungle holds rewards for gold explorers
When it comes to unearthing gold in a rough-and-tumble mining jurisdiction like Guyana, explorers are often faced with infrastructure-based speed bumps on the road to establishing an economic deposit. But at least two explorers are making…
Lupaka and Andean to merge
Lupaka Gold (LPK-T) and Andean American Gold (AAG-V) are proposing to merge in a friendly deal that would create a Peru-focused gold explorer and developer with combined resources of 2.1 million oz. gold equivalent in the measured and indicated…
Banro faces delay during Twangiza ramp-up
Just days after taking the keys from contract mine developer Banlaw Afrique, Canadian miner Banro (BAA-T, BAA-X) has run into delays while comissioning its 100%-owned Twangiza open-pit gold mine, 45 km southwest of Bukavu in the Democractic…
Alexandria finds new gold in old stomping grounds
In the gold business, some places never go out of style.While Canadian juniors continue to pursue gold in far-flung locales, Alexandria Minerals (AZX-V) is proving that one of Canada’s most well-worn gold-hunting grounds has plenty…
NovaGold attempts to de-risk high-cost Donlin project
VANCOUVER — NovaGold Resources (NG-T, NG-X) bounced off 52-week lows after announcing it had achieved a number of milestones on the road to developing its Donlin gold project northeast of Anchorage, Alaska. Donlin is one of the largest…
Aquiline boys look for treasure in Ontario
Three years after selling the world class Navidad deposit in Argentina the key members of the former Aquiline Resources team are looking to strike pay dirt again — only this time they are doing it closer to home.
GoldQuest adds drill rig, shares surge
Shares of GoldQuest Mining (GQC-V) jumped 24% or 16¢ to 83¢ apiece with a little over 2 million shares trading hands after the Vancouver-based junior announced that a second rig had started drilling at its Romero gold and copper…