Eldorado battles Q3 costs in China
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 ounces at cash operating costs of US$465 per oz.
Gold
Argonaut Gold moves on Prodigy
Argonaut Gold (AR-T) thinks now is the time to bolster its project pipeline through acquisitions.
ATAC finds more Carlin-style mineralization
ATAC Resources (ATC-V) says it has discovered a third area with Carlin-type gold mineralization at its Pharaoh target in the Yukon. This find is the junior’s second gold discovery this year.
Corrections
In the article “Soltoro picks low-hanging fruit in Jalisco” (T.N.M., Oct. 22–28/12,) an investor was incorrectly identified as Soltoro’s vice-president of exploration in the photo caption on page 12.
A love of gold brings together Blue Gold and Riverstone
Over the last 18 months Mark O’Dea, president and CEO of Blue Gold Mining (BGX-V), has kicked the tires of over 100 projects and companies in his quest to find something that would appeal to shareholders.
Batista chases gold in Colombia’s California
Brazilian metals and energy tycoon Eike Batista has had his sights set on Colombia’s red-hot California gold district for well over a year. In February 2011, Batista’s EBX Group — through Canadian subsidiaries AUX — paid…
Highland Park boosts Keegan’s credibility
A group of the original founders and former executives of LionOre Mining are throwing their weight behind Keegan Resources (KGN-T, KGN-X), with a strategic alliance and private placement that further de-risks the junior’s Esaase gold…
Osisko quietly stakes 10,000 sq. km in Mexico
Press releases from Osisko Mining (OSK-T) were coming fast and furious in mid-October, with announcements that the company has produced its half-millionth ounce of gold from its flagship Canadian Malartic mine in Malartic, Que., and another…
Fortuna’s 2012 looking good
Fortuna Silver Mines (FVI-T, FSM-N) says it is set to beat its full-year forecast, helped by record third-quarter production. The Vancouver-based firm is targeting 3.7 million oz. silver and 17,400 oz. gold this year, and by the end of…
Agnico-Eagle soars on strong Q3 results
Agnico-Eagle Mines (AEM-T, AEM-N) has bulked up its full-year production guidance following a solid third quarter, where both the Meadowbank and Kittila gold mines reported record quarterly output and improved costs.
Goldcorp beats expectations during Q3
VANCOUVER — Vancouver-based major Goldcorp (G-T, GG-N) staged a big comeback in the third quarter after being plagued by a series of operational problems at its two largest mines during the first half of 2012.
Lower production hurts Alacer Gold
Alacer Gold (ASR-T) found out just how finicky investors can be given the uneasy economic environment.