Mucho VMS for Atico in Colombia
VANCOUVER — In the midst of falling markets, Atico Mining (ATY-V) is bucking the trend with exciting drill results that keep adding to the junior’s share price momentum.
Gold
More gold at El Gallo
McEwen Mining (MUX-T, MUX-N) has built one operating mine in Mexico, is in the midst of building a second that will start producing in mid-2014 and is exploring for more on its expansive 2.02 sq. km El Gallo complex in Sinaloa state.
Positive economics for Gold Canyon’s Springpole
VANCOUVER — For US$438 million, Gold Canyon Resources (GCU-V) could transform its Springpole project in northern Ontario into profitable gold-silver mine, according to a new preliminary economic assessment (PEA).
Banro eyes US$100M financing to get back on track
Banro (BAA-T, BAA-X) intends to secure a larger financing package of up to US$100 million to get its delayed Namoya gold project in the Maniema province of the Democratic Republic of the Congo (DRC) into production by year-end.
El Chanate writedown surprises AuRico shareholders
Despite a $127-million writedown of the El Chanate mine in Sonora, Mexico, Canaccord Genuity analyst Rahul Paul says he isn’t changing his investment thesis on AuRico Gold (AUQ-T, AUQ-N) and is maintaining his US$11 price target on the…
Endeavour works to win market favour
Endeavour Mining (EDV-T) has its own way of dealing with recent stingy market valuations for gold companies: the company puts its head down and digs.
Grey Fox grows for Brigus
Brigus Gold (BRD-T, BRD-X) looks to have a bigger gold property on its hands than it anticipated.
La Ronge rises on winter drilling results from Preview
VANCOUVER – The drills at work at La Ronge Gold’s (LAR-V) Preview property in north-central Saskatchewan over the winter were searching for mineralization at the edges of and along strike from the main Preview SW deposit – and that…
Rio Alto gets more production out of La Arena than expected
Rio Alto Mining’s (RIO-T, RIO-N) continues to build itself into a miner to be reckoned with on the back of its La Arena gold mine in Peru.
Agnico-Eagle investment a ‘vote of confidence’ in Sulliden
After what Sulliden Gold (SUE-T, SDDF-O) describes as a “thorough technical review,” Agnico-Eagle Mines (AEM-T, AEM-N) has made a $24 million strategic investment in the junior and its Shahuindo project in northern Peru.
Lumina completes PEA on Taca Taca
A preliminary economic assessment of Lumina Copper’s (LCC-V) enormous Taca Taca project, among the world’s top-tier undeveloped copper deposits, demonstrates a US$2.1-billion after-tax net present value and a 17.2% after-tax…
Kinross invests in Revolution Resources
Just a few short months since acquiring all of Lake Shore Gold’s (LSG-T, LSG-X) assets in Mexico, Revolution Resources (RV-T) has reeled in Kinross Gold (K-T, KGC-N) as a new shareholder.