Gold

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.


Rubicon cheers Ontario decision

Rubicon Minerals (RMX-T, RBY-X) is applauding the Ontario Court of Appeal’s move to reverse a lower court’s 2011 decision in the Keewatin case that said the provincial government could not approve resource development in the…


Hope Bay springs eternal for TMAC

VANCOUVER — In a few short months, privately held TMAC Resources has acquired a large gold project in northernmost Canada, signed a memorandum of understanding (MOU) with the Inuit association that owns the project lands, added $35…


Argonaut’s commitment to cost control drives success

VANCOUVER — As many gold producers are plagued by rising operating costs and shrinking profit margins, Reno-based producer Argonaut Gold (AR-T) has proven to be an exception to the norm. Though the company boosted year-on-year gold…


By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.

Close