Iamgold to scoop up Trelawney
In a move to expand its Canadian portfolio, Iamgold (IMG-T, IAG-N) has tabled an offer to buy junior Trelawney Mining and Exploration (TRR-V) for its Côté Lake gold project in northern Ontario.
Gold
Agnico-Eagle gets its groove back
Once a company achieves upper mid-tier status, as Agnico-Eagle Mines (AEM-T, AEM-N) has, it is faced with different problems.
TomaGold shares jump 140% on Monster drill hole
Montreal-based TomaGold (LOT-V) has garnered a lot of attention following preliminary high-grade assay results on its Monster Lake gold property outside the town of Chibougamau, Que.
Centerra chops Kumtor’s output for 2012
Centerra Gold (CG-T) recently saw its shares plunge 15% after cutting its production forecast for the Kumtor gold mine owing to increased ice movement in the southeast section of the pit, which will restrict access to high-grade ore.
Colt quietly pursues advanced-stage exploration in Portugal
VANCOUVER — Montreal-based junior explorer Colt Resources (GTP-V) has focused on a few different projects since it hit the Toronto Venture Exchange last February, but its eye has always been on Portugal.
B2 Gold shows faith in Calibre
B2Gold (BTO-T) will help to finance Calibre Mining’s (CXB-V) exploration activities in Nicaragua by purchasing 20 million Calibre units for $5 million in cash.
Sunridge unveils Asmara North hybrid mine plan
VANCOUVER — Vancouver-based junior Sunridge Gold (SGC-V) successfully merged four-polymetallic deposits at its Asmara North project in Eritrea, Africa, into a centralized-mill mine model for a feasibility study, it released in early…
Bolero jumps on graphite trend
VANCOUVER — Proving there is still healthy demand for new graphite plays, new entrant Bolero Resources’ (BRU-V) share price nearly doubled after announcing it had secured some prospective graphite claims in northern Ontario.
Altan Rio sees potential in Mongolia
VANCOUVER — 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…
Moneta Porcupine extends open-pit potential
Just four months after reporting a 3.1 million ounce gold resource from three open-pit zones at its flagship Golden Highway project 100 km east of Timmins, Moneta Porcupine Mines (ME-T, MPUCF-O) is back in the news with drill results from a…
Alamos has a good Q1 in Mexico
Alamos Gold (AGI-T) is off to a good start for the year, with record earnings and cash flows for the three months ended March, 31, 2012.
Glass Earth advances in New Zealand
VANCOUVER — Work on the ground has not been quite as smooth as its name implies, but Glass Earth Gold (GEL-V) looks to now have several New Zealand projects under control and moving forward.