Sunridge brightens Asmara’s economics
Sunridge Gold (SGC-V) has outlined stronger economics for its prized Asmara copper-zinc-gold project in Eritrea in a feasibility study that outshines last year’s prefeasibility study.
Gold
Golden Star gets grade at depth
Golden Star Resources (GSC-T, GSS-N) has released impressive drill results from its Wassa gold mine in Ghana, but the economic implications of the mineralization are still unclear.
Kinross’ $2.7B expansion plan at Tasiast raises more questions
VANCOUVER — Kinross Gold (K-T, KGC-N) has endured plenty of criticism since acquiring Red Back Mining and its Tasiast gold project for a hefty US$7.1 billion three years ago. And the company provided markets with more questions than…
Confederation gets to know Newman Todd
VANCOUVER — Two years into exploring the Newman Todd gold project in Ontario’s Red Lake district, Confederation Minerals (CFM-V) has a handle on how to hit the project’s gold-bearing carbonate zones. The result is a high…
Allied Nevada ponders scale-back
Allied Nevada Gold (ANV-T, ANV-N) is considering a more modest proposal for expanding its Hycroft mill in Nevada, and that has dismayed the markets.
Eldorado perseveres on the road to more ounces
VANCOUVER — It has been a busy year for Eldorado Gold (ELD-T), but that’s business as usual for a company that has doubled its gold output in five years, and plans to more than double it again by 2015.
Consistent gold hits for Red Eagle in Colombia
VANCOUVER — The Santa Rosa gold project in Colombia is producing promising intercepts even as owner Red Eagle Mining (RD-V) updates the project’s gold tally and wraps up a first-pass economic assessment.
Belo Sun drops on Volta Grande’s prefeasibility study
Shares of Belo Sun Mining (BSX-T) fell after the company released a prefeasibility study on its 100%-owned Volta Grande gold project in Para State, Brazil, after markets closed on May 6.
Kinross improves with a strong first quarter
VANCOUVER — Things are looking up for Kinross Gold (K-T, KGC-N) — financially, at least. The company delivered strong results for its third straight quarter, with profits jumping 50% year-on-year alongside rising production and…
TrueGold gets a cash boost from Teck
VANCOUVER — Vancouver-based TrueGold Mining (TGM-C) has received a capital shot in the arm and a vote of confidence from Teck Resources (TCK-T, TCK-N) in the form of a $10-million non-brokered private placement that sees Teck take…
Coeur’s revamp
Idaho-based silver producer Coeur d’Alene Mines (CDM-T, CDE-N) is charting a new course to thrive in the changing and turbulent market by optimizing assets and trimming costs, while still keeping an eye out for growth.
Pueblo Viejo partners to give DR gov’t more money, and sooner
VANCOUVER — After putting four years and $3.7 billion into developing a massive gold mine that is expected to produce 1 million oz. gold annually during the first five years of its 25-year lifespan, it’s little surprise that the…