Gold

Torex hits open-pit resource target at Morelos

VANCOUVER — Toronto-based Torex Gold (TXG-T) is navigating the often tricky waters that mark the transition between being an exploration outfit and a mine developer. With an updated resource estimate to kick-off May, and a bankable…



Surface facilities at Claude Resources' Seabee gold mine in Saskatchewan's La Ronge gold belt. Photo by Claude Resources

La Ronge gold district regains its old shine

The 1980s were a booming time for the La Ronge gold belt near the town of La Ronge in north-central Saskatchewan, with between 60 and 80 companies exploring on the ground and several hundred thousand ounces mined. But a tough market and mixed…


An aerial view of the camp at Mega Precious Metals' Monument Bay gold project, 570 km northeast of Winnipeg, Manitoba. Photo by Mega Precious Metals

Mega Precious Metals optimistic at Monument Bay

Mega Precious Metals’ (MGP-V) president and chief executive James Rogers has lofty plans for the company’s Monument Bay gold project in Manitoba, which was previously drilled by past operators as a potential high-grade underground…


Equipment at Endeavour Mining's Nzema gold mine in Ghana. Photo by Endeavour Mining

Endeavour’s organic-growth model off to strong start

Endeavour Mining (EDV-T) has ambitions of being a mid-tier gold outfit. With two West African mines already in  production, a third moving towards feasibility and a US$30-million exploration program scheduled for 2012, it appears the…


B2Gold ups its presence in Nicaragua

B2Gold (BTO-T) is increasing its foothold in Nicaragua by taking full ownership of its joint-venture gold properties, and earning into two more projects. 



Iamgold to scoop up Trelawney

In a move to expand its Canadian portfolio, Iamgold (IMG-T, IAG-N) has tabled an offer to buy junior Trelawney Mining and Exploration (TRR-V) for its Côté Lake gold project in northern Ontario. 




Centerra chops Kumtor’s output for 2012

Centerra Gold (CG-T) recently saw its shares plunge 15% after cutting its production forecast for the Kumtor gold mine owing to increased ice movement in the southeast section of the pit, which will restrict access to high-grade ore.



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