McEwen plans to merge US Gold, Minera Andes
Rob McEwen, the largest shareholder of both US Gold (UXG-T, UXG-N) and Minera Andes (MAI-T), plans to combine the two companies to create a dynamic, mid-tier silver producer in the Americas.
Gold
Reko Diq inches closer to a licence
A mining licence dispute for the sizable Reko Diq copper-gold project in Pakistan’s southwest Balochistan province potentially nears its end, after much uncertainty.
Rio Novo Gold buys Toldafria in Colombia
After being lured away from a 25-year career in investment banking to take the helm of Rio Novo Gold (RN-T) and its two advanced-stage gold projects in Brazil, David Beatty was eager to find other equally promising gold projects in South…
Sabina to sell Hackett, turns to gold for growth
Nunavut-focused junior explorer Sabina Gold & Silver (SBB-T) is selling its 100%-owned Hackett River silver-zinc project, located near Bathurst Inlet in northern Nunavut, to Swiss mining powerhouse Xstrata (XTA-L).
GMV adds second drill to untested Guyana prospect
Vancouver-based gold explorer GMV Minerals (GMV-V) has two drills now turning at its never-before-drilled claim blocks in northwest Guyana. The company started drilling in early May and added the second rig in mid-June.
Klondex Mines warns against hedge fund group
Klondex Mines (KDX-T) says a “dissident hedge fund-led group” holding 8.1% of the company is trying to take control and elect its own slate of directors.
Alamos defines new ‘stand-alone’ gold deposit in Turkey
Mid-tier gold miner Alamos Gold (AGI-T) has delineated a new gold zone near its Agi Dagi gold project in Turkey that it believes has the potential to develop into a “stand-alone” project, according to a news release dated June 16.
Magellan races to find more Brazilian gold
It’s been years since geologists Alan Carter and Dennis Moore flew around with a claim map staking property in Brazil’s attractive Tapajos gold district, before setting up their own mining company – Magellan Minerals (mnm-v).
Ct Lake: Ontario’s next great deposit
There is no debating that Trelawney Mining’s (TRR-V) Côté Lake deposit is big. But the question on the minds of many junior gold investors is: Just how big?
Bralorne pours first dor bar from historic BC gold mine
Vancouver – Seventy-nine years after the first gold brick was poured from one of British Columbia’s richest and largest gold mines, Bralorne Gold Mines (bpm-v) has restarted operations at the Bralorne complex. The company poured the first…
McEwen to merge US Gold, Minera Andes
Rob McEwen, the largest shareholder of both US Gold (UXG-T, UXG-N) and Minera Andes (MAI-T), plans to combine the two companies to create what would be a dynamic, mid-tier silver producer in the Americas….
Aurizon expands resource at Hosco
Drilling in the last three quarters of 2010 and January 2011 has boosted by 31% the in-pit measured and indicated resource at Aurizon Mines’ (ARZ-T, AZK-X) Hosco deposit, part of the gold producer’s Joanna project in northwestern Quebec.