Gold Canyon gains ounces, loses grade at Springpole
Gold Canyon Resources (GCU-V) boosted total ounces in its latest resource update, but it did so at the cost of grade.
Gold
Williams’ Red Cloud on the horizon
A few years ago when Chad Williams was CEO of Victoria Gold (VIT-V), the company was looking to acquire a particular advanced project. The board, however, was split on what to do.
Inmet, Petaquilla’s tug-of-war continues
In what’s become an increasingly frosty relationship, Canadian-based companies Inmet Mining (IMN-T) and Petaquilla Minerals (PTQ-T) continue to squabble over a takeover bid that would see the larger Inmet absorb Petaquilla, which runs the…
Agnico-Eagle’s Meadowbank, Kittila see improvements
Agnico-Eagle Mines (AEM-T, AEM-N) has bulked up its full-year production guidance following a solid third quarter, where both the Meadowbank and Kittila gold mines reported record quarterly output and improved costs.
Editorial: Anglo CEO presses ‘eject’ button
Late October was notable for the sudden and unexpected resignation of Cynthia Carroll as CEO of London-based mega-miner Anglo American, widely seen as a giving in to strong shareholder pressure to step down. It brings to an end this particular…
Sega looking good to Amara in Burkina
West Africa-focused gold producer Amara Mining (AMZ-T, AMA-L), formerly Cluff Gold, is hoping get a little more life out of its 78%-owned Kalsaka gold operation in Burkina Fasom, 150 km northwest of the capital Ouagadougou.
Platinum Group thinking big on the Bushveld
With first-phase construction well underway at Vancouver-based Platinum Group Metals’ (PTM-T, PLG-X) Western Bushveld joint-venture project 1 (WBJV 1), the company is turning its attention to its Waterberg discovery on the North Limb…
Barrick fails to impress in Q3
Barrick Gold (ABX-T, ABX-N) has unveiled another disappointing quarter, where it continues to wrestle rising costs, project delays and shrinking profits, prompting investors that expected a better third quarter to drive down the stock.
Magellan’s bright outlook at Coringa
Magellan Minerals (MNM-V) has completed a preliminary economic assessment (PEA) on its Coringa gold deposit in Brazil’s Tapajos province, suggesting strong economics to move the project to the feasibility stage, with a construction…
Tirex scores ground-breaking Albanian mine permits
VANCOUVER — Vancouver-based explorer Tirex Resources (TXX-V) is set to make history in the small Balkan nation of Albania. On Oct. 29, Tirex succeeded in acquiring 25-year mining licenses that encompass six past-producing deposits in…
Luna earning its due
It’s been a busy second half of the financial season for Luna Gold (LGC-T).
Seabridge Gold likes what it sees at Walsh Lake
Exploration drilling over the summer at Seabridge Gold’s (SEA-T, SA-N) Courageous Lake project in Canada’s Northwest Territories uncovered a new gold occurrence about 10 km south of the 6.5 million ounces of proven and probable gold…