Lower production hurts Alacer Gold
Alacer Gold (ASR-T) found out just how finicky investors can be given the uneasy economic environment.
Gold
Rambler’s Ming takes wing
The Ming copper-gold mine on Newfoundland’s Baie Verte Peninsula officially moved into commercial production on Nov. 1, and Rambler Metals and Mining (RAB-V, RMM-L) says the first 9,000 to 10,000 tonnes of copper concentrate will be…
Eldorado Gold sees higher costs in Q3
Eldorado Gold (ELD-T, EGO-N) forecasts gold production this year from its operating mines in China, Turkey, Greece and Brazil will reach 660,000 oz., at cash-operating costs of US$465 per oz.
Goldcorp rebounds with strong quarter
Vancouver-based major Goldcorp (G-T, GG-N) staged a comeback in the third quarter after being plagued by operational problems at its two largest mines during the first half of the year.
Red Eagle gets the cash to push ahead
Red Eagle Mining (RD-V) has some deep-pocketed investors believing in its ability to fast track its Santa Rosa gold project in Colombia into production.
Finland’s next one?
Taranis Resources (TRO-V) thinks it’s about time a junior mining company hit the big time in northern Finland’s world-class Kittila copper-gold district.
Prosperity Goldfields sets the stage at Kiyuk
It has been nearly a year since Adrian Fleming and his team studied from afar drill results from Prosperity Goldfields’ (PPG-V) wholly owned Kiyuk Lake project in southwestern Nunavut’s Kivalliq district, and felt they could be…
Seabridge likes what it sees at Walsh Lake
Mid-year exploration drilling at Seabridge Gold’s (SEA-T, SA-N) Courageous Lake project in Canada’s Northwest Territories uncovered a new gold occurrence 10 km south of the 6.5 million oz. proven and probable gold reserves that the…
Banks Island moves Yellow Giant towards production
VANCOUVER — It has been a quick ride for B.C.-focused explorer Banks Island Gold (BOZ-V). Despite the fact it has been just 18 months since Banks Island signed an earn-in agreement on its Yellow Giant gold-silver property, located 110 km…
Lake Shore battles to win back investor favour
Lake Shore Gold (LSG-T) continues to push for redemption after falling out of investor favor back in the spring of 2011. That initial slump in market cap came after it failed to meet production expectations from its two Timmins based mines.
Thompson Creek slumps, but Mt. Milligan still on track
Thompson Creek Metals (TCM-T, TC-N) sinks deeper into the red as it continues to build the $1.5-billion Mount Milligan copper-gold mine in central B.C., posting a third-quarter net loss of US$48.2 million, or US29¢ a share, compared…
Taseko hedges its bets
In mid-September, Taseko Mines (TKO-T, TGB-X) made a second attempt at permitting its US$1.1 billion New Prosperity copper-gold project in British Columbia, submitting a revamped environmental impact statement with a US$300 million plan to…