Belo Sun’s Volta Grande keeps getting bigger
Belo Sun Mining (BSX-T) is continuing its impressive string of resource updates at its wholly owned Volta Grande gold project in Brazil.
Gold
Mega Precious shines new light on Monument Bay
VANCOUVER — According to president and CEO Glen Kuntz and his team at Mega Precious Metals (MGP-V), a strong asset can carry a junior through turbulent times in the stock market. And they believe the company’s wholly owned Monument…
San Gold trims the fat, aims to be cash positive by late 2013
San Gold (SGR-T) is striving to improve its performance while battling unfavourable market conditions and declining gold prices by focusing on profitability rather than on growth, like many of its peers these days.
Hudbay builds on its Manitoba legacy
VANCOUVER — Canadian base metal producer Hudbay Minerals (HBM-T, HBM-N) laid a foundation for success on the Flin Flon greenstone belt in northern Manitoba roughly 85 years ago. During that time the company has developed 26 mines in the…
Agnico keeps steady hand through choppy waters
The downturn in the gold market may be making investors anxious, but the head of one of Canada’s most prominent gold miners, Agnico-Eagle Mines (AEM-T, AEM-N), is staying as cool as a spring breeze in Nunavut.
‘It pays to be prudent,’ miners say
Endeavour Silver Corp. (EDR-T, EXK-N) and Osisko Mining (OSK-T) became the latest companies to unveil cost-cutting measures this week—and both on the same day—as volatile markets and precious metal prices continue to bite into the…
TSX moves up, Apr. 22-26
The S&P/TSX Composite Index managed to hold on to its earlier gains during the April 22–26 trading week, edging up 155 points to 12,220.20. The index fell after the U.S. government reported slower than expected growth in the…
B2Gold commits more money to Nicaragua
Calibre Mining (CXB-V) and B2Gold ( BTO-T, BGLPF-O ) are taking their relationship to the next level with B2Gold committing to spend $6 million for an additional 19% of the Primavera gold-copper porphyry project and surrounding 322 sq km of…
Agnico weathers falling gold prices
The year’s first quarter brought challenges beyond a falling gold price for Agnico-Eagle Mines (AEM-T, AEM-N), but its nothing that a company with a 55-year history can’t weather.
Homestake releases final resource as Agnico-Eagle takes over
VANCOUVER — Vancouver-based junior Homestake Resource (HSR-V) is turning the page on nine years of exploration at its Homestake Ridge gold-silver property on the Iskut-Stewart-Kitsault belt 32 km northwest of Alice Arm, B.C. A final…
Barrick investors revolt against $11.9M bonus [post-AGM update]
In the last year Barrick Gold (ABX-T, ABX-N) has announced a multi-billion dollar overrun at its flagship development project in Chile, taken a $3.8-billion charge on a highly criticized acquisition, changed its chief executive officer and seen…
Mega Precious shines a new light on Monument Bay
VANCOUVER — According to president and CEO Glen Kuntz and his team at Mega Precious Metals (MGP-V), a strong asset can carry a junior through turbulent times in the stock market. And they believe the company’s wholly owned Monument…