Gold

Firestone Ventures' Torlon Hill zinc-lead-silver project in west-central Guatemala. Credit: Firestone Ventures .

Guatemala to ban new mining, exploration licences

Guatemala’s president Otto Perez Molina plans to place a two-year moratorium on issuing new mining and exploration licences, giving the nation time to reform its mining law, says Tahoe Resources (TSX: THO; NYSE: TAHO).


Alamos bids $69M for Esperanza Resources

VANCOUVER — Toronto-based producer Alamos Gold (TSX: AGI; NYSE: AGI) looks to have finally nailed down an acquisition in the form of junior explorer Esperanza Resources (TSXV: EPZ) and its wholly owned Esperanza gold-silver project…


Southern Arc proves up initial West Lombok resource

VANCOUVER – After more than 40,000 metres of drilling, Southern Arc Minerals (TSXV: SA) has calculated an initial resource for its West Lombok property in Indonesia that supports the company’s plan to develop a multi-pit gold mine at the…





Drill rigs at Torex Gold Resources' Morelos gold project in Mexico, 180 km southwest of Mexico City. Source: Torex Gold Resources

Torex delivers the goods at Morelos

Torex Gold Resources (TSX: TXG) is proving that its Morelos gold-silver pro­ject in Mexico isn’t just about near-term production, but also exploration upside.



Osisko sheds light on mystery Mexican project

VANCOUVER — Last October, Osisko Mining (TSX: OSK) made a rather odd announcement. The Montreal-based, Eastern Canada-focused gold miner reported it had staked just shy of 10,000 sq. km in Mexico, but wouldn’t be telling anyone the…


A truck hauls ore at Fortune Minerals' NICO gold-cobalt-bismuth-copper project in the Northwest Territories during test mining conducted in 2006 and 2007. Source: Fortune Minerals

Procon invests $12M in Fortune Minerals

Procon Resources, a Vancouver-based mining contractor that is majority owned by China CAMC Engineering, is making an $11.7-million strategic investment in Fortune Minerals (TSX: FT) at a price of 40¢ per share — a 14% premium over…


The exploration camp on the Goose Lake property, part of Sabina's Back River Project in Nunavut. Source: Sabina Gold & Silver

Sabina finds high-grade gold at George

Sabina Gold & Silver (SBB-T) has pulled some encouraging grades from the George deposit at its Back River gold-silver project in Nunavut ahead of a prefeasibility study (PFS) due later this year.


The camp at Avannaa Resources' Washington Land lead-zinc project in northern Greenland. Source: Avannaa Resources

Greenland’s timeless allure

Avannaa Resources is a privately held exploration company founded by three geologists from Britain and Denmark who pooled their interest and experience in Greenland. It may be an unfamiliar name to many, but over the last nine months, the…


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