El Morro hits a road bump
Following the Chilean Supreme Court’s move to temporarily suspend the environmental permit for the joint El Morro copper-gold project, an analyst opines the project should be shelved until the next decade.
Gold
AuRico adds third mine to its portfolio
AuRico Gold (AUQ-T) has added another significant mine to Kirkland Lakes’ mining heritage.
Drilling lifts Lake Shore Gold
Shares of Lake Shore Gold (LSG-T, LSG-X) rose 8¢ or 8% to $1.04 with more than three million shares changing hands after the company released high-grade drill results from 26 holes at its Fenn-Gib project, 60 km east of Timmins.
Goldcorp’s growth profile could eclipse Red Lake fumble
VANCOUVER — Vancouver-based major Goldcorp Inc. (G-T, GG-N) stumbled out of the gate to start the year, as adverse-ground conditions and grade variability at its flagship Red Lake gold mine 230-km-northwest of Dryden, On….
African Barrick grows Nyanzaga
African Barrick Gold (ABG-L) says its Nyanzaga project has the potential to become its next gold mine in Tanzania. The company — whichBarrick Gold(ABX-T, ABX-N) spun out to hold its African gold assets — has four mines in…
Pretium sees greater high-grade potential at Brucejack
Pretium Resources (PVG-T, PVG-N) has added almost 9 million oz. gold to its high-grade Brucejack resource without any extra information.
Ivanhoe Australia eyes Mount Elliott’s riches
Ivanhoe Australia’s (IVA-T, IVA-A) acquisition in September 2010 of the Osborne copper-gold processing complex in northwestern Queensland will help transform the company into a significant base metal producer, and much of its mill feed is…
Rio Novo Gold moves Almas forward
Rio Novo Gold (RN-T) expects to complete a definitive feasibility study on its fully owned Almas gold project in Brazil’s Tocantins state by September, and if all goes according to plan, initial production could start by July 2013.
Marathon beats chest at Golden Chest
After releasing a maiden resource estimate last month for its 50%-owned Golden Chest gold mine project in Idaho, Marathon Gold (MOZ-T) is back in the news with drill results that the junior explorer describes as a “very encouraging…
Richmont drops on Wasamac’s PEA
Richmont Mines (RIC-T, RIC-X) saw it shares tumble after publishing a preliminary economic assessment (PEA) for its Wasamac gold project in Rouyn-Noranda, Que.
Avion posts record March production despite Mali’s coup d’tat
An end to a coup d’état in Mali, West Africa, and strong first-quarter production numbers boosted Avion Gold’s (AVR-T) shares 9%, or 8¢, from a six-month low of 86¢ during the April 9 trading session.
Agnico-Eagle gets the shine back
Once a company achieves upper-mid-tier status, as Agnico-Eagle Mines (AEM-T) has, it is faced with a different set of problems.