Lonmin’s wage deal fuels more unrest in South Africa
While Lonmin (LMI-L) has ended a bloody labour dispute at its Marikana platinum mine near Rustenburg in South Africa that left 46 dead, other miners in the country are demanding higher wages.
Gold
Exco Resources fights hostile takeover
Just two weeks after the board of Australian junior Exco Resources (ESX-A) rejected a hostile, all-cash takeover offer from one of its institutional shareholders, the explorer released an updated resource estimate for its Turpentine copper-gold…
Hennigh’s grand gold vision in Western Australia
When it comes to early stage exploration, it is not unusual to hear about big ideas and regional plays. But when Quinton Hennigh focused on a theory for the better part of a decade with prolific Australian prospector Mark Creasy, the wheels got…
Vista keeps growing Mt. Todd
Vista Gold (VGZ-T, VGZ-X) has bulked up its resource estimate for the Batman deposit at its Mount Todd gold project in Australia’s Northern Territory.
Ivanhoe Australia upgrades resource at Osborne
In late February, Ivanhoe Australia (IVA-T, IVA-A) started production ahead of schedule and on budget at its Osborne copper-gold project in northwestern Queensland. The initial shipment of copper-gold concentrate to Asian smelters left port in…
Serra Pelada fully funded to production in 2013
Canaccord Genuity analyst Nicholas Campbell has raised his 12-month target price on Colossus Minerals (CSI-T, COLUF-O) by $1 to $10 per share after the junior exploration and development company signed an agreement with Sandstorm Gold (SSL-V,…
Sulliden outlines a smaller project in Peru
While a feasibility study for Sulliden Gold’s (SUE-T) Shahuindo project in northern Peru envisions a somewhat smaller and slightly more expensive gold operation than previously thought, the project’s economics are still…
Lundin says Touro option a no-go
Lundin Mining (LUN-T) has decided to drop its option to buy 80% of Touro because it says the Spanish copper project won’t provide enough bang for its buck.
Atacama stacks oxide ounces at Cerro Maricunga
VANCOUVER — Toronto-based explorer Atacama Pacific Gold (ATM-V) has been on a big run over the past four weeks. Anticipation built as Atacama neared completion on a year-long resource drill program at its 100%-owned Cerro Maricunga gold…
Goldquest drops 33% on drill results
Goldquest Mining (GQC-V), which has seen a substantial boost in its share price after discovering the Romero target in late May, slipped 33% on the target’s latest drill results.
Serra Pelada fully funded to production in 2013
Canaccord Genuity analyst Nicholas Campbell has raised his 12-month target price on Colossus Minerals (CSI-T, COLUF-O) by $1 to $10 per share after the junior exploration and development company signed an agreement with Sandstorm Gold (SSL-V,…
Drilling at Martiniere boosts Balmoral
Shares of Balmoral Resources(BAR-V, BALMF-O) surged nearly 40% in the three trading days after the junior explorer reported results on Aug. 16 from its summer drill program at its flagship Martiniere property in Quebec’s Abitibi region,…