Eldorado Gold gets go-ahead for land clearing at Skouries
VANCOUVER — Greece’s highest court has temporarily cleared the way for Eldorado Gold (ELD-T, EGO-N) to restart surface clearing at its 95%-owned Skouries gold project.
Gold
Alacer boosts production and stock rises
Alacer Gold (ASR-T) managed to wring more production out of two of its mines and in doing so made up for disappointing results from another.
Seabridge falls flat on Courageous Lake’s PFS
Seabridge Gold’s (SEA-T, SA-X) Courageous Lake project in Canada’s Far North is economic at current gold prices based on a prefeasibility study (PFS) released on July 24, however, the project’s prospects appear dim at the…
Goldcorp remains on target at lonore
VANCOUVER — Goldcorp’s (G-T, GG-N) new Éléonore gold mine under construction in northern Quebec’s James Bay region is a cornerstone of the company’s four-year expansion of operations worldwide.
Goldcorp sees production shortfalls at Penasquito, Red Lake
A day after Goldcorp (G-T, GG-N) cut its 2012 production guidance, the company saw its share price take a hit.In Toronto on July 11, Goldcorp shares approached a 52-week low of $32.52. They fell $3.74, or 10% to $33.89, on 6.1 million shares…
NovaGold narrows focus on Donlin
NovaGold Resources (NG-T, NG-X) bounced off 52-week lows after announcing it had achieved a number of milestones on the road to developing its Donlin gold project northeast of Anchorage, Alaska. Donlin is one of the largest potential gold…
Maudore, Roxgold enter the octagon with dissident shareholders
Frustrated resource investors are resorting to proxy battles as share prices languish, with Maudore Minerals (MAO-V) and Roxgold (ROG-V) only two of the latest juniors to see shareholder revolts. The two have ample company, as investors blame…
Papua New Guinea scaring off miners
Aldridge Minerals (AGM-V) has added its name to a growing list of mining companies leaving or looking to leave Papua New Guinea (PNG).The company will abandon its Kili Teke gold-copper property in the country now that its licence renewal…
Semafo stumbles on Mana expansion update
Montreal-based gold producer Semafo (SMF-T) found out how punishing markets can be these days when the company released long-awaited exploration results at its Mana gold mine 200 km west of Ouagadougou, Burkina Faso. Originally expected early…
Avala unveils maiden 1.5M oz. gold resource in Serbia
Canadian explorer Avala Resources (AVZ-V) is making strides towards establishing a multi-million ounce, near-surface gold deposit in the historic mining region of Timok in eastern Serbia. Avala released the first of three scheduled resource…
Alamos makes headway in Turkey
Alamos Gold (AGI-T) has outlined a positive mining scenario at its Turkish gold assets, Kirazli and Agi Dagi, and revealed an inferred resource for its Camyurt project, also in Turkey’s northwest. A new prefeasibility study shows…
Intrepid frustrated by Indonesian shadow interests at Tujuh Bukit
VANCOUVER — Toronto-listed explorer Intrepid Mines (IAU-T, IAU-A) is the latest victim in an ongoing nationalization saga in the South Pacific. On June 28 an unknown entity seized control of its Indonesian joint-venture partner, Indo…