Defiance drops mill option to advance San Acacio
With a dwindling cash reserve, Defiance Silver (TSXV: DEF; US-OTC: DNCVF) had to choose between optioning into a mine or a mill, and swiftly chose the former last December.
Gold
Kirkland Lake Gold launches strategic review
Kirkland Lake Gold (TSX: KGI; US-OTC: KGI) kicked off 2014 with news that it is exploring alternatives to “enhance shareholder value that include a potential sale of the company’s shares or assets” and has set up a special…
Record production for Lake Shore Gold
It was a record breaking year for Lake Shore Gold (TSX: LSG; NYSE: LSG) and the market finally seems to be taking notice.
More stellar results for Nevsun
Nevsun Resources (TSX: NSU; NYSE: NSU) continues to prove up the mineral potential of Eritrea.
Allied Nevada clears out worrisome covenants
Allied Nevada Gold (TSX: ANV; NYSE-MKT: ANV) has gained some wriggle room as it pushes into the new year with a lofty plan to expand its flagship Hycroft mine in Nevada.
Macquarie reviews 2013 metal prices
Analysts at Macquarie Commodities Research in London and Beijing have totted-up the final numbers for 2013 and conclude in a research note published Jan. 2 that of all the precious and base metals, palladium posted the largest year-on-year…
Banro pours first gold at Namoya
Despite delays and two separate downward revisions to its gold production target at Namoya this year, Banro Corp. (TSX: BAA; NYSE: BAA) managed to pour the first gold at its newest mine in the Democratic Republic of the Congo on Dec. 30.
Marlin Gold and GoGold Resources covet Santa Gertrudis
The Santa Gertrudis gold project — 180 km north of Hermosillo, in Mexico’s Sonora state — was discovered by Phelps Dodge in 1986 and advanced to open-pit, heap-leach production in 1991.
Eike Batista’s boom and bust
VANCOUVER — How do you turn US$35 billion into less than US$400 million in 18 months?
Mark O’Dea’s True Gold proves Karma’s potential
VANCOUVER — True Gold Mining (US-OTC: RVREF) can turn its Karma gold project in Burkina Faso into an open-pit heap leach mine generating strong returns for just US$131.5 million, according to a new feasibility study.
Commentary: Rob McEwen on the outlook for 2014
Rob McEwen, chairman and chief owner of McEwen Mining, shared his thoughts with The Northern Miner about the outlook for the mining industry in 2014. McEwen Mining’s principal assets consist of the San Jose mine in Santa Cruz, Argentina…
Besra pushes to production in Malaysia
VANCOUVER — Besra Gold (TSX: BEZ) is laying the groundwork for its third gold mine with a feasibility study for a first stage of development at its Bau project in East Malaysia.