Alamos sees a 63% increase in Q2 profits
Alamos Gold (AGI-T) reports higher second quarter profits, despite lower production at its flagship Mulatos gold mine in Mexico’s Sonora state.
Gold
Gold Canyon thinks it has found a starter pit at Springpole
Gold Canyon Resources (GCU-V) has pulled in more stellar drill results at its Springpole gold project. And this time they come from a less heralded part of the property. While Springpole – which is in the Red Lake district of northwestern…
Agnico’s Pinos Altos shines in Q2
With record gold production, the Pinos Altos mine stood out from the lot at Agnico-Eagle Mines (AEM-T, AEM-N) for the second quarter.
Kazakhstan brings the gold for Ivanhoe
Ivanhoe Mines (IVN-T, IVN-N) could have its hands on another world class asset, this time in Kazakhstan. Altynalmas Gold – a company that Ivanhoe holds a 50% stake in – released an updated Mineral Resource estimate for a new deposit at its…
Grande Portage, Quaterra hit high-grade gold near Juneau
Vancouver – Grande Portage Resources (GPG-V) and Quaterra Resources (QTA-V) have hit visible gold in four recent drill holes at their 65%-35% owned Herbert Glacier project in Alaska.
Letter to the Editor: Trelawney and treating high-grade gold assays
In the letter from Stu Averill that you published in your issue of July 18-24, 2011, he raises several issues of wider interest than just the results published by Trelawney Mining and Exploration that he addresses. I draw your attention to some…
Atac hits gold in first step-out drilling of 2011
Atac Resources (ATC-V) looks to have met high expectations with the first 2011 step-out drill results on its Carlin-style gold properties in the Yukon.
Trelawney bids for Augen Gold
Trelawney Mining and Exploration (TRR-V) is looking to consolidate its position in the Swayze gold belt in northern Ontario, by acquiring one of its largest neighbours: Augen Gold (GLD-V).
Barrick buys 9% of Carpathian Gold for $20M
Carpathian Gold (CPN-T) has received a big credibility boost from Barrick Gold (ABX-T, ABX-N), after the miner agreed to purchase $20-million worth of the junior’s shares for an approximate 9% interest.
Storm clouds for Lake Shore
Lake Shore Gold’s (LSG-T) shares plunged to a new 52-week low in mid-July, after the company reported lower-than-expected gold grades for the second quarter, a delay in mill expansion and a reduced full-year production target.
Greece approves European Goldfields’ EIS
It has taken five years, but Greece has finally approved European Goldfields’ (EGU-T, EGU-L) environmental impact study on its Greek assets.
Barrick stung by higher costs
Higher costs are pushing capex estimates higher at Pueblo Viejo, Pascua-Lama and Cerro Casale, Barrick Gold’s (ABX-T, ABX-N) major growth projects, the company reports.