Kinross heading in the right direction
While it hasn’t been green pastures for any of the major gold producers over the last year, perhaps none have had it as rough as Kinross Gold (TSX: K; NYSE: KGC).
Gold
Minera IRL eyes near-term growth
Lima-based Minera IRL (TSX: IRL; LSE: MIRL) has exited 2013 on an upbeat note, and says it is on track to grow its gold production over the next two years.
Seabridge tallies ‘monster’ resource at Deep Kerr
Rudi Fronk and Jim Anthony were called “garbage collectors” when they started buying up uneconomic projects from the majors 15 years ago at US$260 per oz. gold. But their faith in higher gold prices kept them going and one of the…
Yamana takes US$536M impairment charge in Q4
Yamana Gold (TSX: YRI; NYSE: AUY) saw its fourth-quarter earnings diminish after several of its exploration projects and operations took impairment charges partly due to the decline in metal prices.
Crocodile Gold lines up $18M
Crocodile Gold (TSX: CRK; US-OTC: CROCF), which operates three gold mines in Australia, has announced an $18-million private placement with Sprott Asset Management, Eric Sprott and Luxor Capital Group to finance its growth projects.
Prosper Gold thinking big at Sheslay copper project
VANCOUVER — There is a lack of early stage copper deposits in B.C. boasting economic grades under prevailing metal prices, and the team at Prosper Gold (TSXV: PGX) is hoping its Sheslay property — located 105 km southwest of…
Roxgold’s drills return more high grade at Bagassi South
The first results are in from a 5,000-metre drill program launched in February at Roxgold’s (TSXV: ROG; US-OTC: ROGFF) Bagassi South target in Burkina Faso, and president and CEO John Dorward says he’s pleased with both the grades…
Centerra posts strong Q4, unveils Oksut PEA
VANCOUVER — Producer Centerra Gold (TSX: CG; US-OTC: CAGDF) has been making headlines due to its negotiation with the Kyrgyzstan government over the ownership structure at its flagship Kumtor gold mine, 350 km southeast of the capital…
Editorial: Gold hops back into the saddle
Gold prices are showing renewed vigour as March begins, with spot prices rising to four-month highs above US$1,340 per oz. at press time, building on the Valentine’s Day crossing of the US$1,300 threshold.
Atacama Pacific Gold grows Cerro Maricunga
Over the last three years, Atacama Pacific Gold (TSXV: ATM; US-OTC: ACPGF) has advanced its Cerro Maricunga gold deposit in northern Chile from a grassroots discovery to one of the largest undeveloped oxide gold deposits in the world, with 3.5…
Virginia Mines funds Coulon exploration
Virginia Mines (TSX: VGQ; US-OTC: VGMNF) has sealed a deal with three institutional funds in Quebec that will help finance a $28-million accelerated exploration program on its Coulon project, a…
AuRico cuts costs as Young-Davidson takes the next step
VANCOUVER — As lower realized gold prices become the norm producers have received a clear message from markets: cut the fat and boost the margins. And AuRico Gold (TSX: AUQ; NYSE: AUQ) is aiming to move in that direction as it implements…