[Update] AuRico cuts 2012 production guidance
AuRico Gold (AUQ-T, AUQ-N) has revised its 2012 production guidance after a high turnover of workers at its Ocampo gold-silver mine in Mexico dragged down output in the second quarter.
Gold
Mega Precious looks to go big
Mega Precious Metals (MGP-V) could be the most aptly named gold company on the junior circuit. With assets in Manitoba and Ontario, the company’s well-heeled management team thinks bigger is better when it comes to mining. The philosophy…
Atico hits high grades below El Roble workings
VANCOUVER — Atico Mining (ATY-V) has pulled some striking grades in its first drill results from the El Roble project in Colombia.
Meadow Bay gets compliant on Atlanta
Meadow Bay Gold (MAY-T) now has a mineral resource out for its Atlanta project in Nevada.
Russian billionaire aims for full control of High River Gold
VANCOUVER — In a story that reads somewhat like a 1980s spy novel Russian gold miner Nord Gold, the nation’s third largest gold producer, looks poised to finally gain full control of Toronto-based producer High River Gold Mines…
Dominican delivers for Goldquest and Unigold
VANCOUVER — Dominican-focused explorers Goldquest Mining (GQC-V) and Unigold (UGD-V) have announced sizable step-out gold hits at their nearby properties in the country on the same day.
Canamex soars 290% on high-grade intercept
Canamex Resources (CSQ-V) shares soared to new heights after releasing the best hole to date from its Burner gold-silver project in central Nevada.
Orsu sheds one asset to focus on another
Orsu Metals (OSU-T, OSU-L) has taken another step towards getting its Karchiga copper production into production.
La Mancha to join 2012 M&A list
An investment firm managed by Egyptian multi-billionaire Naguib Sawiris called Weather II has launched a $500 million takeover bid for La Mancha Resources (LMA-T) at $3.50 per share in cash—a 56% premium to the junior’s closing…
Mixed results for Ethos Gold’s first pass at Betty
The first drill program on Ethos Gold’s (ECC-V) Betty project in the Yukon has yielded encouraging gold discoveries, and numerous blanks.The first half of a phase-one drill program includes results for 22 reverse-circulation drill…
Barkerville’s 10.6-million-oz. resource more bark than bite?
Barkerville Gold Mines’ (BGM-V) share price climbed more than 50% after the company put out a 10.6-million-oz.-gold resource estimate for its Cow Mountain deposit in central B.C., but questions have been raised about the accuracy of the…
Guyana’s jungle holds rewards for gold explorers
When it comes to unearthing gold in a rough-and-tumble mining jurisdiction like Guyana, explorers are often faced with infrastructure-based speed bumps on the road to establishing an economic deposit. But at least two explorers are making…