Gold

Atacama Pacific Gold chairman Albrecht Schneider (left) and analysts view the Cerro Maricunga oxide gold deposit, 140 km northeast of Copiap, Chile. Photo by Atacama Pacific Gold

Atacama Pacific stacks oxide ounces at Cerro Maricunga

Toronto-based explorer Atacama Pacific Gold (ATM-V) has had a good run over the past four weeks. Anticipation built as Atacama neared completion on a year-long resource drill program at its wholly owned Cerro Maricunga gold property, 140 km…


Patagonia Gold to become takeover target: Hallgarten

Patagonia Gold (PAT-T, PGD-L), one of the largest landholders in the Argentine province of Santa Cruz and an exploration company that is likely to have three mines in production within the next three years, could be a takeover candidate in the…


Primero up 36% on positive tax ruling

Primero Mining (P-T, PPP-N) soared 36% after the gold-silver producer with operations in Mexico received a favourable tax ruling from Mexican authorities on its Advanced Pricing Agreement (APA).


SilverCrest increases bought deal financing

Precious metals producer SilverCrest Mines (SVL-V, SVLC-N, SVLC-X) has expanded its bought financing to $30 million from $26 million and will use the proceeds to both eliminate the remainder of its gold hedge book and beef up…


ATAC finds new Carlin-style mineralization

ATAC Resources (ATC-V) says it has discovered a third area with Carlin-type mineralization at its Pharoah target in the Yukon. The Pharoah gold discovery was the junior’s second gold discovery this year.



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. 


Construction at CGA Mining's Masbate gold mine in the Philippines in 2008. Photo by John Cumming

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…


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