Goldcorp falls on forecasted production reduction
A day after Goldcorp cut its 2012 production guidance the company saw its share price drop significantly.
Gold
Red Eagle hits 7 metres grading 41.53 grams gold at Santa Rosa
VANCOUVER — Red Eagle Mining (RD-V) continues to report encouraging infill gold hits from its Santa Rosa project in Colombia.
Iamgold ‘not bailing’ on Ecuador: INV
Headlines in the mainstream media that Iamgold (IMT-T, IAG-N) is giving up on Ecuador are fundamentally incorrect, Candace MacGibbon, president and chief financial officer of junior explorer INV Metals (INV-T), tells The Northern Miner.INV…
Semafo hits new gold zone in Niger
Taking the time to have a look through old data has led to a new discovery for Semafo (SMF-T). The Montreal-based, West Africa-focused miner found a new mineralized trend at Samira Hill in Niger after pouring over a patchwork of historical…
Gran Colombia builds up Marmato
Gran Colombia Gold (GCM-T) has boosted the resources at its Marmato gold project in Colombia, although it cost a bit of grade to do so.The company says measured and indicated resources stand at 409.7 million tonnes grading 0.9 gram gold…
New Gold starts up New Afton in BC
New Gold (NGD-T, NGD-N) has brought a fourth mine online with the timely start-up of its New Afton gold-copper mine near Kamloops, B.C. The Vancouver-based producer says the first ore from the newly minted underground mine was processed…
Centerra drops as Kyrgyz gov’t reviews Kumtor
Centerra Gold (CG-T) plunged more than 30% on June 22, as the Kyrgyzstan parliament debated the fate of the company’s Kumtor gold project in the country while investors worried about the possibility of Centerra losing its mining…
Gold takes the spotlight at Aldridge’s Yenipazar
Aldridge Minerals (AGM-V) aims to capitalize on Turkey’s mining boom, which has drawn substantial international curiosity and investment. Aldridge has been on a bit of a roll recently with upgraded metallurgy and an expanded…
Red Eagle tickled pink with Santa Rosa in Colombia
Colombia-focused junior Red Eagle Mining (RD-V) has hit encouraging high-grade gold intercepts in a phase-two drill program at its Santa Rosa project near Medellin, although the final drilling from phase one did not fare as well.Hole 42…
WCB hunts gold, copper on PNG’s Misima Island
When Xstrata (XTA-L) put its share of the US$5.3-billion Frieda River copper project in Papua New Guinea on the market in late June, there were a few raised eyebrows at the state of affairs in the country — especially given…
Avala unveils maiden resource in Serbian goldfields
VANCOUVER — Canadian explorer Avala Resources (AVZ-V) is making strides towards establishing a multi-million ounce, near-surface gold deposit in the historic mining region of Timok in eastern Serbia — a Balkan country formerly part…
Papua New Guinea continues to scare off miners
Aldridge Minerals (AGM-T) has added its name to a growing list of mining companies leaving or looking to leave Papua New Guinea (PNG).