Excalibur looks to pull gold from Mexican stone
SAN LUIS POTOSI, MEXICO — Cylindrical brick stacks poking out of the barren hillsides can be seen from miles away. But curiously, they don’t attach at the base to any grand warehouse or factory.
Gold
Antofagasta confirms more gold in Chile
Antofagasta Gold (AN-V), which recently changed its name from Windamere Ventures, says initial drilling at its Capricornio property in Chile confirms it has made a regional-scale, low-sulphidation epithermal gold discovery.
A giant stirs in Bougainville
PANGUNA, BOUGAINVILLE — After more than 20 years in limbo, the small Papua New Guinea island of Bougainville is closer than ever to reopening the infamous Panguna mine.
Victoria moves closer to Eagle Gold construction
Victoria Gold’s (VIT-V) goal of turning its Eagle Gold project into the Yukon’s next gold mine has moved closer to realization. The Yukon Environmental and Socio-Economic Assessment Board has finished an environmental…
Nordgold opens Bissa mine in Burkina Faso
BISSA, BURKINA FASO — Just 15 months after starting construction, Nordgold (NORD-L) has entered production at its Bissa open-pit gold mine in Burkina Faso, located in the rural commune of Sabce, 100 km north of the capital Ouagadougou.
Detour Gold pours first dore bars
Detour Gold (DGC-T) and its shareholders have something to cheer about, as the junior gold explorer has graduated to producer after completing its first gold pour at the large Detour Lake mine in northeastern Ontario, a goal the company has…
Goldcorp keeps its shine through tough gold markets
VANCOUVER — Though it was not all good news for Vancouver-based major Goldcorp (G-T, GG-N), the company can rest easy on a strong fourth quarter that beat analysts’ estimates and set production records.
Yamana beefs up Cerro Moro
Yamana Gold (YRI-T, AUY-N) is getting a firmer handle on its recently acquired Cerro Moro gold project in Argentina.
Northern Freegold advances flagship property in the Yukon with positive PEA
VANCOUVER — Four years after establishing an initial resource at its Freegold Mountain gold project in the Yukon, Northern Freegold Resources (NFR-V) has a positive preliminary economic analysis (PEA) for the project.
Taking a closer look at Taseko’s options
Taseko Mines (TKO-T, TGB-X) could become a consolidator in B.C., or prey to companies like Lundin Mining (LUN-T), Capstone Mining (CS-T) or Teck Resources (TCK-T, TCK-N), Christopher Chang of Laurentian Bank Securities argues.
Inmet boosts copper reserves as First Quantum bid looms
VANCOUVER — As its future hangs in the balance, Canadian base metals producer Inmet Mining (IMN-T) increased its value with a global resource update on Feb. 11, which was highlighted by a 22% jump in proven-and-probable copper reserves.
Barrick takes US$3.8B writedown on Lumwana
VANCOUVER — Copper isn’t turning out to be the growth avenue Barrick Gold (ABX-T, ABX-N) hoped it would be.