B2 Gold shows faith in Calibre
B2Gold (BTO-T) will help to finance Calibre Mining’s (CXB-V) exploration activities in Nicaragua by purchasing 20 million Calibre units for $5 million in cash.
Gold
Sunridge unveils Asmara North hybrid mine plan
VANCOUVER — Vancouver-based junior Sunridge Gold (SGC-V) successfully merged four-polymetallic deposits at its Asmara North project in Eritrea, Africa, into a centralized-mill mine model for a feasibility study, it released in early…
Bolero jumps on graphite trend
VANCOUVER — Proving there is still healthy demand for new graphite plays, new entrant Bolero Resources’ (BRU-V) share price nearly doubled after announcing it had secured some prospective graphite claims in northern Ontario.
Altan Rio sees potential in Mongolia
VANCOUVER — Having assembled a collection of greenfield copper-gold prospects in Mongolia’s western frontier, Vancouver-based explorer Altan Rio Minerals (AMO-V) is aiming to take the next step forward with a US$2-million drilling…
Moneta Porcupine extends open-pit potential
Just four months after reporting a 3.1 million ounce gold resource from three open-pit zones at its flagship Golden Highway project 100 km east of Timmins, Moneta Porcupine Mines (ME-T, MPUCF-O) is back in the news with drill results from a…
Alamos has a good Q1 in Mexico
Alamos Gold (AGI-T) is off to a good start for the year, with record earnings and cash flows for the three months ended March, 31, 2012.
Glass Earth advances in New Zealand
VANCOUVER — Work on the ground has not been quite as smooth as its name implies, but Glass Earth Gold (GEL-V) looks to now have several New Zealand projects under control and moving forward.
El Morro hits a road bump
Following the Chilean Supreme Court’s move to temporarily suspend the environmental permit for the joint El Morro copper-gold project, an analyst opines the project should be shelved until the next decade.
AuRico adds third mine to its portfolio
AuRico Gold (AUQ-T) has added another significant mine to Kirkland Lakes’ mining heritage.
Drilling lifts Lake Shore Gold
Shares of Lake Shore Gold (LSG-T, LSG-X) rose 8¢ or 8% to $1.04 with more than three million shares changing hands after the company released high-grade drill results from 26 holes at its Fenn-Gib project, 60 km east of Timmins.
Goldcorp’s growth profile could eclipse Red Lake fumble
VANCOUVER — Vancouver-based major Goldcorp Inc. (G-T, GG-N) stumbled out of the gate to start the year, as adverse-ground conditions and grade variability at its flagship Red Lake gold mine 230-km-northwest of Dryden, On….
African Barrick grows Nyanzaga
African Barrick Gold (ABG-L) says its Nyanzaga project has the potential to become its next gold mine in Tanzania. The company — whichBarrick Gold(ABX-T, ABX-N) spun out to hold its African gold assets — has four mines in…