Claude juggles more production and shaft extension
Preliminary production results from Claude Resources’ (CRJ-T, CGR-N) Seabee Gold operation in Northern Saskatchewan are in and the results are better than expected.
Gold
MAG Silver completes initial resource at Cinco de Mayo
The Cinco de Mayo project in Mexico contains inferred resources of 12.45 million tonnes grading 132 grams silver per tonne, 0.24 gram gold per tonne, 2.86% lead and 6.47% zinc, MAG Silver (MAG-T, MVG-N, MAG-X) reported in a maiden resource…
Tahoe, Radius on working in Guatemala
VANCOUVER — When listing stable mining jurisdictions Guatemala would have a hard time making the grade. The small Central American country emerged from civil war in 1996, and remains in its infancy as far as development and regulatory…
Updated resource pushes Continental Gold higher
Shares of Continental Gold (CNL-T) surged $1.09 or 12% to $9.90 apiece with more than six million shares changing hands on news of an updated resource estimate for the company’s Buriticá project in Antioquia, Colombia.
Update: OceanaGold nears commissioning at Didipio
After the financial crisis derailed the Didipio gold-copper project in 2008 and OceanaGold (OGC-T, OGC-A) was forced to put the Southeast Asian project on care and maintenance, the company says it expects to start commissioning within the next…
Brigus piles on the ounces in Grey Fox update
Brigus Gold (BRD-T, BRD-X) has updated its resource estimate for the Grey Fox gold property, and the results show the company is particularly adept at pushing inferred resources up into a ballooning “indicated” category.
B2Gold aims to grow via CGA bid
Gold miner B2Gold (BTO-T) looks to be banking on its proven ability to operate in difficult locales, as it moves forward with a US$1.1-billion, all-stock friendly bid for Australia’s CGA Mining (CGA-T, CGX-A), and its Masbate gold mine in…
Blackwater PEA drives New Gold higher
A preliminary economic assessment of New Gold’s (NGD-T) Blackwater gold project in central B.C., 112 km southwest of Vanderhoof, suggests it should generate robust economic returns, even at a gold price that is US$500 per oz. below where…
Lonmin’s wage deal fuels more unrest in South Africa
While Lonmin (LMI-L) has ended a bloody labour dispute at its Marikana platinum mine near Rustenburg in South Africa that left 46 dead, other miners in the country are demanding higher wages.
Exco Resources fights hostile takeover
Just two weeks after the board of Australian junior Exco Resources (ESX-A) rejected a hostile, all-cash takeover offer from one of its institutional shareholders, the explorer released an updated resource estimate for its Turpentine copper-gold…
Hennigh’s grand gold vision in Western Australia
When it comes to early stage exploration, it is not unusual to hear about big ideas and regional plays. But when Quinton Hennigh focused on a theory for the better part of a decade with prolific Australian prospector Mark Creasy, the wheels got…
Vista keeps growing Mt. Todd
Vista Gold (VGZ-T, VGZ-X) has bulked up its resource estimate for the Batman deposit at its Mount Todd gold project in Australia’s Northern Territory.