Aurizon dips on financials, seeks growth
Last year was a good year for Aurizon Mines (ARZ-T, AZK-N), says George Paspalas, the president and chief executive of the company, which has been mining the Casa Berardi gold project in Quebec since 2006.
Gold
Volta, Riverstone striking gold in Burkina Faso
Toronto-based Volta Resources (VTR-T) and Vancouver-based Riverstone Resources (RVS-V) are separately hunting for gold in the landlocked West African country of Burkina Faso.
Junior miners and explorers cashing up
Junior explorers launched substantial financings when the networking-heavy Prospectors & Developers Association of Canada convention wrapped up in Toronto.
Sandstorm Gold a rising star in commodity-stream financing
Sandstorm Gold (SSL-V) is not an exploration or operational mining outfit. The company is not interested in spending equity capital on surface exploration, drill programs or environmental-impact studies. Instead, Sandstorm took the idea of…
A ‘win-win’ deal for Kirkland, Queenston
In a move to secure future growth, Kirkland Lake Gold (KGI-T, KGI-L) is buying Queenston Mining’s (QMI-T) 50% stake in seven jointly held properties the two have in Ontario’s Kirkland Lake gold camp for $60 million in cash and a…
Entre Gold continues to bank in-ground copper assets
Vancouver — Entrée Gold (ETG-T, EGI-N) has amassed an impressive collection of copper resources and reserves in Nevada and Mongolia, but getting it out of the ground may be the rub.
The old Leprechaun offers up challenges to Marathon
Marathon Gold (MOZ-T) and Mountain Lake Resources (MOA-V) had to fight through some heritage issues at the Leprechaun deposit in Newfoundland, but its latest resource update outlines a resilient deposit.
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.
Fortuna sees a reversal of fortunes
Vancouver — Fortuna Silver Mines (FVI-T, FSM-N) is the latest company to get hammered for cost escalations after missing 2011 projections and forecasting higher costs for 2012.
Northern Vertex finds more Mossy gold
Northern Vertex Mining (NEE-V, NHVCF-O) has its first assays in from the diamond drill part of its latest program at the Moss gold and silver project in Arizona.
First Quantum preps Sentinel for production
First Quantum Minerals (FM-T, FQM-L), which has several copper projects in its development pipeline, has provided a maiden reserve and resource for its Sentinel copper project in Zambia.
Riverstone reports wide intersects at Goulagou I
The results of ten diamond drill holes at the Goulagou I deposit will allow Riverstone Resources (RVS-V, RVREF-O) to upgrade the resource model at its flagship Karma gold project in Burkina Faso, the company says.