Iamgold’s Q3 profit misses the mark
Iamgold (IMG-T, IAG-N) took a hit after posting a weak third-quarter profit owing to lower gold production and sales.
Gold
Spanish Mountain sizes up production in the Cariboo
It is nearly decision time for British Columbian explorer Spanish Mountain Gold (SPA-V) at its wholly owned, multi-million ounce gold-silver project 60 km northeast of Williams Lake, B.C. On Nov. 15, the company released an updated preliminary…
Pretium works to conquer the Valley of the Kings
Driving to complete a feasibility study on its wholly owned Brucejack gold-silver project, 65 km north of Stewart, B.C., Vancouver-based Pretium Resources (PVG-T, PVG-N) has released an updated resource estimate on its Valley of the Kings zone.
Coeur d’Alene shares hammered by weak Q3
Shares in Coeur d’Alene Mines (CDM-T, CDE-N) took a beating after the silver and gold miner posted a third-quarter net loss of US$15.8 million, or US18¢ a share, which included a non-cash, fair-market value adjustment of US$37.6…
Barrick’s Q3 fails to impress
Barrick Gold (ABX-T, ABX-N) has unveiled another disappointing quarter, as it wrestles rising costs, project delays and shrinking profits. And it’s prompted investors who expected a better third quarter to drive down the stock.
Lake Shore catches its breath
Lake Shore Gold (LSG-T, LSG-X) is pushing for redemption after falling out of investor favour in early 2011 with disappointing production at its two gold mines near Timmins, Ont.
Fronteer grads look to duplicate success with Pilot
With its coffers overflowing, Pilot Gold (PLG-T) is in the enviable position amongst juniors of being able to drive heavy exploration programs at two projects, while helping develop a third into a mine.It’s a story that has gained…
Temex buys blue sky at Juby
Mergers and acquisitions are heating up in the mining-friendly province of Ontario, with Iamgold’s (IMG-T) acquisition in June of Trelawney Mining and Exploration and the proposed friendly takeover of Queenston Mining (QMI-T) by Osisko…
Taseko hedges its bets with Yellowhead shares
In mid-September, Taseko Mines (TKO-T, TGB-X) made a second attempt at permitting its US$1.1-billion New Prosperity copper-gold project in B.C., submitting a revamped environmental impact statement with a US$300-million plan to salvage…
Slater talks early-mover status in Kazakhstan
VANCOUVER — Business partners Ian Slater and Robert Bell have had their sights set on potential mining plays in Kazakhstan since the country declared independence from the Soviet Union in the early 1990s. Roughly twenty years later, it…
Bad timing for Banro
Unrest in the Democratic Republic of Congo couldn’t have come at a worse time for Banro Corp. (BAA-T), whose Twangiza gold mine started commercial production there in September.
El Nino sees progress at Murray Brook
VANCOUVER — It has been a busy year for Vancouver-based El Nino Ventures (ELN-V). The company released results from a US$3-million, 18,500-metre drill program on its Murray Brook pollymetallic massive sulphide project 60 km outside of…