Capital costs to resume production at Fire River Gold’s (FAU-V, FVGCF-O) flagship Nixon Fork underground gold mine in Alaska are estimated at US$6.3 million with a projected payback of three months according to a preliminary economic assessment.
Batero Gold (BAT-V) released the best drill results yet from its Batero-Quinchia project in Colombia and the news took the company’s shares for a wild ride. In Toronto on Feb. 17, Batero shares shot-up 35% or $1.02 to finish the day trading for…
In a bid to extend the lifespan of its Youga gold mine in Burkina Faso, which produced 82,400 oz. gold in 2010, West Africa-focused gold producer Endeavour Mining (EDV-T) is adding resources at three deposits within 3 km of the Youga plant.
Vancouver – Astur Gold (AST-V) has released a preliminary economic assessment on its Salave gold project in Spain that shows the potential for an open pit, underground or a combined operation.
A ten-metre intercept averaged 7.14 grams gold per tonne at Typhoon Exploration’s (TYP-V) 100%-owned Fayolle project in Quebec’s Abitibi region.
Northgate Minerals (NGX-T, NXG-N) has boosted its indicated resource tonnes by 18% and its contained gold and copper by 10% and 9% respectively at its Kemess underground project in north-central British Columbia.
In six years, Cyprus-based EMED Mining (EMD-T, EMED-L) has grown from being little more than a concept to a company with very real plans to restart copper production this year from the historic Rio Tinto open-pit copper mine in southwestern…
Entrée Gold (ETG-T, EGI-X) is “strongly undervalued” given the potential for it to sell its Mongolian assets to Ivanhoe Mines (IVN-T, IVN-N) or Rio Tinto (RTP-N, RIO-L), Christopher Ecclestone of Hallgarten & Co. argues in a…
Klondex Mines (KDX-T) continues to find new mineralized zones at its Fire Creek property in North Central Nevada The company says it has found a new high-grade vein 150 metres south of the southern end of the Far North resource as an RC drill…
Majestic Gold’s (MJS-V) Songjiagou gold project in China’s Shandong province would have a net present value of US$525 million at a 10% discount rate and an internal rate of return of 78.6%, according to a preliminary assessment.
A hostile takeover bid turned friendlier on Sunday when Ventana Gold Corp. (VEN-T) verbally agreed to a new takeover price of $13.06 per share from AUX Canada Acquisition, up 43¢ from the latter’s initial offer of $12.63 per share in…
Lake Shore Gold (LSG-T) has increased its ownership in Northern Superior Resources (SUP-V) to 25.5% by privately buying more than 6.7 million shares at 80¢ each.
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