Guyana Goldfields starts building its Aurora gold mine
Guyana Goldfields (TSX: GUY) has started construction activities at its flagship Aurora gold project in Guyana, CEO Scott Caldwell said on a conference call yesterday.
Gold
U.S. markets rise slightly, Nov. 25-29
The Dow Jones Industrial Average and the S&P 500 marked their eighth straight week of gains with the Dow climbing 21.64 points or 0.14% to 16,086.41 and the S&P 500 up 1.05 points or 0.10% to 1,805.81. The eight-week streak for the…
Semafo good to go with Siou and Fofina
Authorities in Burkina Faso have given Semafo (TSX: SMF; US-OTC: SEMFF) the go-ahead to develop its Siou and Fofina gold deposits sooner than expected.
B2Gold stays strong through typhoon turmoil
B2Gold (TSX: BTO; NYSE-MKT: BTG) may have escaped the worst of Typhoon Haiyan in the Philippines, but it isn’t forgetting those who didn’t.
Kinross sees earnings decline despite strong production
VANCOUVER — Toronto-based producer Kinross Gold (TSX: K; NYSE: KGC) is trying its best to adjust to precious-metal markets, but lower-than-anticipated gold prices keep cutting into the company’s earnings. Kinross has, however, taken…
Castle Mountain completes maiden resource
Research analysts Joe Mazumdar and Scott McLean of Canaccord Genuity in Vancouver have raised their target price on Castle Mountain Mining (TSXV: CMM) to $1 per share and added the company to the Canaccord Genuity Focus List, after the…
Prophecy Platinum reports a half-mile of mineralization
Picture seven football fields in a row of continuous mineralization, and that’s the width of platinum group metal (PGM) mineralization intercepted in a single drill hole at Prophecy Platinum’s (TSXV: NKL; US-OTC: PNIKF) Wellgreen…
Gold slide to continue in 2014?
VANCOUVER — Barring some kind of global economic disaster this month, 2013 will end with the gold price down markedly. It will be the first year-over-year decline for the yellow metal since 1997 — and many expect the trend to…
Editorial: Pot-ashen in Saskatchewan
December started off in a rather sombre way for Canadian mining, with former Prairie golden child Potash Corp. of Saskatchewan announcing deep and immediate cuts at its Canadian, U.S., and Trinidadian operations.
Dalradian nails key permit at Curraghinalt
A permit application for underground exploration development at Dalradian Resources’ (TSX: DNA) high-grade Curraghinalt gold project in Northern Ireland has been approved.
Pretium shares surge as bulk sample beats gold target
VANCOUVER — Pretium Resources’ (TSX: PVG; NYSE: PVG) shares soared 80% on news that the Brucejack project bulk sample has already produced more than the 4,000 oz. gold Pretium promised it would — with 20% of the sample…
Iamgold cuts costs amidst falling profits
It was a mixed bag of news for Iamgold (TSX: IMG; NYSE: IAG) shareholders, as the company released third-quarter results that moved in different directions.