Richmont drops on Wasamac’s PEA
Richmont Mines (RIC-T, RIC-X) saw it shares tumble after publishing a preliminary economic assessment (PEA) for its Wasamac gold project in Rouyn-Noranda, Que.
Gold
Fortuna sees a reversal of fortunes
Vancouver — Fortuna Silver Mines (FVI-T, FSM-N) is the latest company to get hammered for cost escalations after missing 2011 projections and forecasting higher costs for 2012.
Northern Vertex finds more Mossy gold
Northern Vertex Mining (NEE-V, NHVCF-O) has its first assays in from the diamond drill part of its latest program at the Moss gold and silver project in Arizona.
First Quantum preps Sentinel for production
First Quantum Minerals (FM-T, FQM-L), which has several copper projects in its development pipeline, has provided a maiden reserve and resource for its Sentinel copper project in Zambia.
Riverstone reports wide intersects at Goulagou I
The results of ten diamond drill holes at the Goulagou I deposit will allow Riverstone Resources (RVS-V, RVREF-O) to upgrade the resource model at its flagship Karma gold project in Burkina Faso, the company says.
Sego set to scale Miner Mountain
If you’ve ever been to Princeton, home to the recently opened Copper Mountain mine, you’ve also seen Sego Resources’ (SGZ-V) Miner Mountain copper property.
Canadian companies lead the charge in Guyana
The Guyanese mining sector is looking to Canada for investment and support as the South American nation moves to further develop its mineral resources.
Inmet keeps wary eye on smouldering Panama policy debate
Toronto-based Inmet Mining (IMN-T) is on the periphery of a pitched battle between Panamanian President Ricardo Martinelli and indigenous groups protesting the government’s aggressive resource-expansion policies.
Atacama’s drills keep turning
Atacama Pacific Gold (ATM-V) is reporting positive results from third-phase drilling at its Cerro Maricunga gold project 140 km northeast of Copiapo, Chile.
Banks Island banking on quick-start gold mine
Recently listed Banks Island Gold (BOZ-V) has hit more high-grade gold while expanding the resource at its production-ready Tel zone in northern B.C.
God’s Lake and KI First Nation in escalating impasse
The Ontario government’s move to ban mining and mineral exploration on a large swath of northern Ontario looks to have done little to diffuse tensions between the Kitchenuhmaykoosib Inninuwug (KI) First Nation and junior explorer…
Continental rebounds on Buritica results
Continental Gold (CNL-T) has released high-grade assays on 13 drill holes collared on its fully owned Buritica gold-silver-zinc property in Antioquia, Colombia.