Gold

Geologists study drill cuttings at the Beatons Creek gold project in western Australia (2012). Source: Novo Resources

Newmont takes large stake in Hennigh’s Novo Resources

Newmont Mining (TSX: NMC; NYSE: NEM) has acquired a 35.7% stake in Novo Resources (CNSX: NVO), a Vancouver-based junior that is earning a 70% interest in two exploration properties in the Eastern Pilbara shire of Western Australia that…


Inside the processing facilities at Centerra's Kuptor mine in Kyrgyzstan. Source: Centerra

Centerra’s compromise on Kumtor lifts political overhang

Facing penalties of US$467 million for alleged environmental damages at its Kumtor mine in Kyrgyzstan and a state commission report issued last year that concluded Centerra Gold (TSX: CG; US-OTC: CAGDF) should pay more to operate the mine, the…


The drill site at Midas Gold's Yellow Pine deposit. Credit: Midas Gold.

Midas optimizes Golden Meadows

Midas Gold (TSX: MAX) is assessing ways to lift the economics of its wholly owned Golden Meadows gold project in Idaho’s historic Stibnite mining district ahead of a prefeasibility study that’s due in mid-2014.


An exploration vessel at Nautilus Minerals' Solwara 1 underwater project, in 2010.  Source: Nautilus Minerals

Nautilus, PNG await arbitration decision

VANCOUVER — In 2011 it looked like Nautilus Minerals’ (TSX: NUS; US-OTC: NUSMF) pioneering plan to mine high-grade sea floor sulphide deposits might actually work. The company had permits, a joint venture with the Papua New Guinea…


Columbus Gold CEO Robert Giustra (second from right) and country manager Andre Adam (third from right) address visitors at a drill site at the Paul Isnard gold project in northwest French Guiana. Source:  Columbus Gold

Columbus Gold on the rise after Nordgold deal

VANCOUVER — It can be tough for junior companies to get market traction these days, but one angle that can still make shares pop is the age-old option agreement with a large-cap producer. And that’s the story for Columbus Gold…


Drill core at the geologist base camp near Semafo's Mana gold mine in Burkina Faso. Source: Semafo

Semafo impresses with high-grade reserves

VANCOUVER — The future is looking brighter for Montreal-based gold producer Semafo (TSE: SMF; NYSE: SEMFF) at its Mana mine in Burkina Faso, after a reserve update showed higher-grade ounces at the company’s satellite Siou deposit.




Alacer Gold's Jubilee gold-processing plant, 15 km south of Kalgoorlie in Western Australia. Source: Alacer Gold

Alacer says ‘hooroo’ to Australia

It is no secret that lower gold prices are making management teams leaner. But a lesser-discussed result of all the cost-cutting is that geographical diversification can also be lost.


Eurasian explores new gold region at Koonenberry

WHISTLER, B.C. — When it comes to project generators, there aren’t many companies with a global reach quite like Vancouver-based Eurasian Minerals (TSXV: EMX; NYSE-MKT: EMXX). The company is active across Europe, the Middle East and…


The Martha Ellen deposit at Ascot's Premier project near Stewart, B.C. Source: Ascot Resources

Ascot rises on renewed drill program at Premier

VANCOUVER – Two revamped option agreements have enabled Ascot Resources (TSXV: AOT) to go from being a cash-strapped company unable to explore of its projects to a well-funded junior with three drills pulling promising intercepts from its…


Workers washing a discovery outcrop at Goldstrike Resources' Plateau South gold project in the Yukon. Credit: Goldstrike Resources

Goldstrike hits gold in three zones at Plateau South

VANCOUVER — After just 10 weeks of exploration at the Plateau South project, it is starting to look like Goldstrike Resources (TSXV: GSR; US-OTC: APRAF) made a good choice when it dropped 23 other Yukon gold properties to focus on its…


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