Gold




Midway Gold derisks Nevada projects

Shares of Midway Gold (MDW-V, MDW-X) have climbed 145.12% to about $2.01apiece since the beginning of 2011, a fruitful year that saw the junior update the resource and complete a feasibility study on its Pan project, more than double its…


There’s gold in those dumps

The Sleeper gold mine in Nevada operated as a high-grade open pit from 1986-1996 and according to operations reports by its then owner, Amax Gold, about 54 million tonnes of waste were cast off in waste dumps over the course of the mine life….


Where did Nevsun’s gold go?

At a time of record high gold prices Nevsun Resources (NSU-T) had the unfortunate task of announcing to the market that it has a lot less gold in its deposit than it originally believed.


Atna’s underground mine project has open-pit potential

Atna Resources (ATN-T, ATNAF-O) will start commercial underground mine production at its Pinson mine project near Winnemucca in the fourth quarter of this year, but in the meantime it’s also exploring the possibility of developing an open pit…


Panoramic launches hostile bid for Magma Metals

An unsolicited takeover bid for Magma Metals (MMW-V, MMW-A) by Australia’s Panoramic Resources (PAN-A) sent Magma’s shares in Toronto up 76.5% to close at 15¢ on Feb. 3, with nearly three million shares changing hands.  


Construction at Detour Gold's Detour Lake gold mine in northeast Ontario. Photo by Sam Crittenden

Detour secures funds to build mine

Detour Gold (DGC-T) is raising $240 million in equity to finish building its Detour Lake mine near Cochrane, Ont., in hopes of becoming “Canada’s largest gold mining operation,” states the company’s president and CEO, Gerald Panneton, in a…


Roundup highlights new discoveries in BC, Yukon and Alaska

With the Association for Mineral Exploration British Columbia celebrating its 100th anniversary at this year’s Mineral Exploration Roundup in Vancouver, it was only fitting that most of the projects highlighted in the Tuesday sessions had long…




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