Gold


Barrick Gold's Pascua-Lama gold project on the Chile-Argentina border. Photo by Barrick Gold

Barrick suffers setbacks, cost hikes, output revisions

Barrick Gold (ABX-T, ABX-N) packed its much-anticipated second-quarter financials with quite a few punches, causing analysts to cut their price targets.While the world’s largest gold producer had previously said that second-quarter…


The exploration camp at Seabridge Gold's Courageous Lake gold project in the Northwest Territories, 240 km northeast of Yellowknife. Photo by Seabridge Gold

Seabridge stays hopeful at Courageous Lake

A new preliminary feasibility study (PFS) on Seabridge Gold’s (SEA-T, SA-X) Courageous Lake gold project in the Northwest Territories suggests the project is viable at current gold prices, and more work needs to be done to lift its…


Agnico mines humming along

The message out of Agnico-Eagle Mines’ (AEM-T, AEM-N) headquarters after the second quarter is one of stability and efficiency.The company says the first half of the year was all about optimizing its five mines, and with the process…


Juniors get creative as cash dwindles

Juniors mining companies have been struggling for months to raise capital, and with coffers running low, they are resorting to all sorts of methods to conserve what cash they have.Exploration budgets are being slashed and secondary projects set…


Spanish Mountain aims for improved project economics

Vancouver-based explorer Spanish Mountain Gold (SPA-V) is on track to release updated economics for its Spanish Mountain gold project 70 km northeast of Williams Lake, B.C., by October. The company pushed back the date on its pre-feasibility…


Canamex soars 290% on high-grade hit

Canamex Resources’ (CSQ-V) shares soared to new heights after the company  released the best hole to date from its Bruner gold-silver project in ­central Nevada. On July 18 the junior reported the monstrous hole returned 118…


A farmer in the foreground at Panoro Minerals' Cotabambas copper-gold project in Peru. Photo by Ian Bickis

Panoro’s Cotabambas could attract a buyer

Christopher Chang of Laurentian Bank Securities believes Panoro Minerals’ (PML-V) Cotabambas copper-gold project in Peru could become an acquisition target, and has initiatied coverage of the junior with a “buy” rating…



Richmont’s lacklustre Q2 results

Richmont Mines (RIC-T, RIC-X) had a difficult second-quarter, posting a net loss of $30.9 million, or 92¢ per share, which included the previously released $28-million after-tax write-down on its Francoeur mine in Quebec.


Centerra reveals details of Kumtor state review

VANCOUVER — Centerra Gold (CG-T) continues to release details regarding a parliamentary review of its Kumtor gold operation in Kyrgyzstan. During a second quarter conference call Centerra’s management outlined the structure of the…


GoGold gets going again on the Venture

VANCOUVER — After months of waiting GoGold Resources (GGD-V) has finally wrapped up its acquisition of Absolute Gold Holdings and once again actively trading on the venture.


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