Canaco dives 66% on resource estimate
Canaco Resources (CAN-V) took a deadly plunge, losing 66% on a maiden resource estimate for the Magambazi area of the Handeni gold project in Tanzania.
Gold
Freeport in eye of Indonesia’s nationalization storm
The world’s largest, publicly traded copper producer, Phoenix-based Freeport-McMoRan Copper & Gold (FCX-N), is standing tough in the face of simmering labour turmoil and nationalization overtures aimed at its Grasberg…
B2 Gold shows faith in Calibre
B2Gold (BTO)-T will help finance Calibre Mining’s (CXB-V) exploration activities in Nicaragua by purchasing 20 million Calibre units for $5 million in cash.
AuRico adds third mine to its portfolio
AuRico Gold (AUQ-T) has added another mine to Kirkland Lake’s heritage.
Altan Rio sees potential in Mongolia
Having assembled a collection of greenfield copper-gold prospects in Mongolia’s western frontier, Vancouver-based explorer Altan Rio Minerals (AMO-V) is aiming to take the next step forward with a US$2-million drilling campaign in 2012.
Nunavut explorers fired up for 2012
Nunavut has been a tough place for gold companies of late, with Newmont Mining (NMC-T, NEM-N) shelving its Hope Bay gold project and Agnico-Eagle Mines (AEM-T, AEM-N) cutting years off its new Meadowbank gold mine in the face of cost overruns.
Colt hunts gold and tungsten in Portugal
Montreal-based junior explorer Colt Resources (GTP-V) has focused on a few different projects since it hit the TSX Venture Exchange last February, but its eye has always been on Portugal.
El Morro hits a road bump
Following the Chilean Supreme Court’s move to temporarily suspend the environmental permit for the El Morro copper-gold project, an analyst says the project should be shelved until the next decade.
Gold Fields eyes Bear Lake’s assets
Gold Fields (GFI-N) has signalled interest to acquire a majority stake in Bear Lake Gold’s (BLG-V) early stage exploration assets, driving shares of the Ontario-focused junior up 50% on April 10.
Yamana produces more but misses expectations
Yamana Gold (YRI-T, AUY-N) reported impressive production– results but failed to impress the market with its latest financial -results.
Osisko misses the spot
Osisko Mining (OSK-T) had a rough start as it kicked off its first full year at the Malartic gold operation near Val d’Or, Que., with operational setbacks impacting first-quarter performance, coupled by a temporary shutdown of the…
Aurizon lifts Q1 profits
Aurizon Mines (ARZ-T, AZK-X) boosts its first-quarter profit by 238% as it maintained production levels and benefited from higher gold prices.