Another hill to climb for Copper Mountain
Operational issues at the Copper Mountain mine in B.C. are hounding Copper Mountain Mining (CUM-T).
Gold
Nevsun optimistic about new zone near Bisha
VANCOUVER — Drills probing the Northwest zone, a satellite zone 1.2 km from Nevsun Resources’ (NSU-T, NSU-N) operating Bisha gold mine in Eritrea, are finding high-grade gold, copper and zinc — just not all in the same place.
Centerra hits another roadblock at Kumtor
A swarm of protestors have blocked the only road leading to Centerra Gold’s (CG-T) Kumtor gold mine in Kyrgyzstan in a move to pressure the government to cancel the 2009 Kumtor agreement it signed with the miner.
Q1 global gold demand buoyed by jewellery sales in China, India
The following is an edited excerpt from the World Gold Council’s summary of its report, Gold Demand Trends Q1 2013. The full report can be found at www.gold.org.
UPDATE2: Grasberg tunnel collapse kills 28
Twenty-eight workers have died at Freeport-McMoRan Copper & Gold’s (FCX-N) Grasberg mining complex in Indonesia after the roof of an underground training facility collapsed on May 14. Ten others have been rescued.
Goldcorp’s earnings squeezed
Goldcorp (G-T, GG-N) may have surpassed its long-time rival Barrick Gold (ABX-T, ABX-N) in terms of market capitalization, but that doesn’t mean the company has been insulated from the same bear market that has felled other…
Kaminak drills for more mineralization at Coffee
VANCOUVER — With every drill hole it punches into the ground, Kaminak Gold (KAM-V) is connecting the dots at its Coffee gold project in the Yukon.
Centerra’s shares jump on unexpectedly strong Q1
VANCOUVER — There are quite a few moving pieces at Toronto-based Centerra Gold’s (CG-T) flagship Kumtor gold mine in Kyrgyzstan. But despite some uncertainty, the company was able to register a strong first quarter that includes…
Juniors like Coro face tough choices
Difficult markets and strained balance sheets are dogging junior mining companies across the industry, forcing them to make some hard decisions about how to manage their assets.
Drilling returns more silver and gold at Fortuna’s mines
VANCOUVER — Gold and silver prices struggled in April, which meant most precious metal producers saw their share prices slide. For Fortuna Silver Mines (FVI-T, FSM-N), however, a slumping share price belies strong financials and promising…
Esaase prefeasibility puts Asanko on production path
VANCOUVER — With a new name and a new prefeasibility study for its flagship gold project in Ghana, Asanko Gold (AKG-T, AKG-N) is pushing towards production.
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.