Letter to the editor: Junior gold stocks still the place to be
I read with interest Peter Besler’s article on making money on junior resource stocks (T.N.M., March 25-31/13); however I do not think his methodology applies at the present time.
Gold
Hudbay continues to build on Manitoba legacy
VANCOUVER — Canadian base metal producer Hudbay Minerals (HBM-T) laid a foundation for success on the Flin Flon greenstone belt in northern Manitoba roughly 85 years ago. During that time the company has developed 26 mines in the region…
Sandspring bolsters Toroparu economics
VANCOUVER — Sandspring Resources’ (SSP-V) Toroparu gold project in Guyana is sporting strengthened economics after a prefeasibility study lowered anticipated capital costs and increased gold recoveries, compared to the previous…
Rainy River hits feasibility milestone
Rainy River Resources’ (RR-T) president and CEO Raymond Threlkeld is touting the company’s Rainy River gold deposit in northwestern Ontario as “low risk and very high return.”
More trouble at Pascua-Lama
Investors are getting tired of complications at Barrick Gold’s (ABX-T, ABX-N) Pascua-Lama gold project, which is perched high up in the Andes, but not so removed from the earthly troubles of cost overruns and environmental challenges.
Northern Vertex plans for pilot production at Moss
VANCOUVER — Northern Vertex Mining (NEE-V) wants to get into production as soon as possible, and the junior has taken a big step in this direction with a preliminary economic assessment (PEA) of its Moss project in Arizona that lays…
Senegal gov’t hikes Teranga’s royalty rate
Teranga Gold (TGZ-T), which has been producing gold from its Sabodala open-pit gold mine in the Senegal since March 2009, has agreed to amend its stability agreement with the government to increase the royalty rate on production to 5% from 3%,…
Riverside forges alliance with Hochschild in Sonora
VANCOUVER — Vancouver-based project generator Riverside Resources (RRI-V) continues to add to its stable of strong partnerships in Mexico following a $2.5-million strategic alliance with London-based precious metal producer Hochschild…
Belo Sun shines more light on Volta Grande
Belo Sun Mining (BSX-T) continues its impressive string of resource updates at its wholly owned Volta Grande project in Brazil.
Falco finds gold in Horne’s old data
Falco Pacific Resource Group (FPC-V) secured a jewel of Canada’s mining history just as markets tightened. But rather than let the conditions get it down, the company wound up proving an old adage correct: necessity is indeed the mother…
Suriname approves new agreement with Iamgold
Early last month Iamgold (IMG-T, IAG-N) declared that it wanted to cut annual spending by $100 million through a combination of cost-cutting initiatives aimed at reducing mine operating costs, exploration expenditures and administrative…
Rainy River hits feasibility milestone
Rainy River Resources’ (RR-T) president and CEO Raymond Threlkeld is touting the company’s Rainy River gold deposit in northwestern Ontario as a “low risk and very high return project.”