Gold

Banro's Twangiza gold mine in the Democratic Republic of the Congo's South Kivu province. 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.   


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

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…




Drilling equipment at Lumina's Taca Taca project in Argentina. Source: Lumina Copper

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…


Revolution Resources' Universo project in San Luis Potosi, Mexico. Source: Revolution Resources

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.


A target platform at La Garrucha. Source: Bellhaven Copper & Gold

Bellhaven closes deal to expand Colombian footprint

Large tonnage deposits may not be the flavor of the month these days but Bellhaven Copper & Gold (BHV-V) is positioning itself to be in a prime position when investors swing back to a love affair with big gold deposits.


Kubi offers upside for PMI Gold

A month after PMI Gold (PMV-V) and Keegan Resources (KGN-T, KGN-X) called off their merger plans in February because it appeared unlikely that PMI Gold’s shareholders would approve the deal, drill results continue to identify anomalous gold at…


Teranga Gold signs new agreement in Senegal

Teranga Gold (TGZ-T, TGZ-A), which has been producing gold from its Sabodala open-pit gold mine in the Republic of Senegal since March 2009, has agreed to amend its stability agreement with the government to increase the royalty rate on…


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