Sabina Gold & Silver (SBB-T) is raising $20 million to keep the drills turning on its advanced-stage Back River gold project in Nunavut’s West Kitikmeot region, a move that has one analyst scratching his head.
VANCOUVER — Toronto-based producer Teranga Gold (TGZ-T, TGZ-A) is taking a second swing at Vancouver-based junior Oromin Explorations (OLE-T) with an all-share acquisition offer. Teranga’s target is Oromin’s 43.5% stake in the…
To state that interest rates drive financial markets is to state the obvious. But defining the relationship between rates and mining stocks is a more difficult matter.
VANCOUVER — It is often difficult to maintain market momentum after a really strong discovery hole on a project. And Kelowna-based explorer Colorado Resources (CXO-V) found out just how trigger-happy investors can be when the company…
Newcrest Mining (NM-T, NCM-A), joining a growing list of miners that have been rattled by the recent dip in commodity prices amidst escalating costs, intends to slam the brakes on spending and swallow up to A$6 billion ($5.8 billion) in…
True Gold Mining’s (TGM-V) Karma project in Burkina Faso keeps getting better and better.
A feasibility study on the Brucejack high-grade gold project, 65 km north of Stewart, B.C., has brought Pretium Resources (PVG-T, PVG-N) one step closer to its goal of kicking off mine construction in the second half of 2014 and commercial…
VANCOUVER — When equity markets and investors get skittish, being an explorer in an established jurisdiction with minimal socio-political risk can really pay off. And with that in mind, Vancouver-based junior Orefinders Resources (ORX-V)…
Since picking up the 50% that it didn’t already own of the Valentine Lake gold project in Newfoundland, Marathon Gold (MOZ-T) has been busy proving up resources across the 260 sq. km flagship property, 57 km south of the mining town of…
VANCOUVER — It has been a tough year for Canadian gold producers, but Vancouver-based Goldcorp (G-T, GG-N) has side-stepped the writedowns and jurisdictional concerns plaguing many of its peers. Goldcorp’s conservative approach…
Clifton Star Resources (CFO-V) is getting busy at its Duparquet gold property in northwestern Quebec, with plans to table a resource update by July, followed by a prefeasibility study in early 2014.
VANCOUVER — Mt. Todd, the largest undeveloped gold project in Australia, took a big step towards production with a prefeasibility study that gives owner Vista Gold (VGZ-T, VGZ-N) a choice: the company can either spend a billion dollars to…
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