Gold

Thompson Creek slumps, but Mt. Milligan on track

Thompson Creek Metals (TCM-T, TC-N) is sinking deeper into the red as it builds the $1.5-billion Mount Milligan copper-gold mine in central B.C., posting a third-quarter net loss of US$48.2 million, or US29¢ a share, compared with a profit…


Kinross reports strong Q3 results

Kinross Gold (K-T, KGC-N) shares have fallen by 15% since the beginning of October, but strong third-quarter results portend a turnaround is in store, analysts say. 


Banks Island moves Yellow Giant towards production

It has been a quick ride for B.C.-focused explorer Banks Island Gold (BOZ-V). Just 18 months since Banks Island signed an earn-in agreement on its Yellow Giant gold-silver property, 110 km south of Prince Rupert, the company has released a…


Auriga’s new vision for Puffy Lake

Auriga Gold (AIA-V) wants to bring the Puffy gold mine in northwestern Manitoba back to life — only this time, as a more modest and efficient operation.


A trench at the Atygai prospect on Slater Mining's West Khazret gold project in Kazakhstan. Source: Slater Mining

Slater’s patience rewarded in Kazakhstan’s goldfields

Business partners Ian Slater and Robert Bell first set their sights on Kazakhstan mineral potential not long after the country declared independence from the Soviet Union in the early 1990s. Two decades later, their vision of developing a…


Teras releases maiden resource at Cahuilla

VANCOUVER — Calgary-based explorer Teras Resources (TRA-V) has accomplished its first goal at its flagship Cahuilla gold-silver project in northwest Imperial County, California. On Nov. 30, the company pulled together historic data and…


Gold Fields reduces its SA risk, spins out two mines

Gold Fields (GFI-N) is lowering its South African risk by spinning out its wholly-owned subsidiary that holds the KDC and Beatrix gold mines in the country into a new firm called Sibanye Gold. While this may sound like a step in the right…


Ollachea delivers for Minera IRL in Peru

Lima-based gold miner Mineral IRL (IRL-T, MIRL-L) has completed a definitive feasibility study of its wholly owned Ollachea gold project in southeastern Peru that shows the potential to build a profitable underground mine that could produce…


Astur surges on EIS

Shares of Astur Gold (AST-V) jumped 50% to $1.08 on news that authorities in Spain had issued a positive Environmental Impact Statement on its 100%-owned Salave gold project, which the junior describes as one of the largest and highest grade…



Source: GoldQuest Mining

Goldquest sinks 37% on drill results

Shares of Goldquest Mining (GQC-V) have dropped lately every time the company has published additional holes from its ongoing drill program at the Romero gold-copper target. This time it was no different. The stock plunged 37% after the…


Drilling at Unigold's Candelones Extension, part of its Neita concession. Source: Unigold

Unigold rises on drill results

Shares of Unigold (UGD-V) jumped 14.3% to 28¢ on news of one of the best-ever drill results from the Candelones Extension, part of its Neita concession in the Dominican Republic.


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