Gold

Rob McEwen (pictured left) is joined by Lic. Mario Lpez Valdez,                          Governor of Sinaloa State in officially opening McEwen Mining's El Gallo gold and silver mine in Sinaloa State. Source: McEwen Mining

More gold found 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 actively exploring for more on its expansive 2.02-sq.-km El Gallo complex in Sinaloa…


Colossus nears the finish line at Serra Pelada

If Nicholas Campbell and Chris Lerch of Canaccord Genuity are right, shares of Colossus Minerals (CSI-T, COLUF-O) could reach $7.75 apiece within the next twelve months—a big jump from where they currently trade at $2.98 per share.



Aerial view of Foran's McIlvenna Bay exploration camp in Saskatchewan.

McIlvenna Bay keeps growing for Foran

Foran Mining (FOM-V) has bulked up resources at the McIlvenna Bay zinc-copper-gold-silver volcanogenic massive sulphide (VMS) deposit in east central Saskatchewan, with increases of 15% and 18% in indicated and inferred tonnage.


Northern Vertex plans for pilot production at Moss

VANCOUVER – Northern Vertex Mining (NEE-V) wants to get into production as soon as possible and the junior just took a big step in that direction, with a preliminary economic assessment (PEA) of its Moss project in Arizona that lays out a…


An aerial shot of AuRico's El Chanate mine in Sonora, Mexico. Source: AuRico Gold

El Chanate write-down surprises AuRico shareholders

Despite a $127 million write-down 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 stock….


Newstrike outlines maiden resource at Ana Paula

VANCOUVER — It has been a wild ride for Vancouver-based explorer Newstrike Capital (NES-V) at its flagship Ana Paula gold-silver project along the emerging gold belt in Guerrero State, Mexico. After acquiring the project roughly three…



Barno's Twangiza project in the Democratic Republic of Congo. Source: Banro

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.   



Workers oversee development at the Baomahun project in Sierra Leone. Source: Amara Mining

Amara delivers on promise

In an interview in Toronto with The Northern Miner last year, Amara Mining (AMZ-T, AMA-L) chief executive Peter Spivey predicted the company would release an updated resource estimate defining a large mineralized sulphide deposit underlying…


Gold is poured at Crocodile Gold's Union Reefs mill in Australia's Northern Territory, 185 km southeast of Darwin. Source: Crocodile Gold

Crocodile uses debt to fund growth in Oz

Australia-focused Crocodile Gold (CRK-T) is looking to fund development through debt. The company is issuing $30 million in convertible debt that would pay interest at a 5% rate.


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