Korean consortium buys into Inmet’s Cobre Panama
Korea Resources and LS-Nikko Copper are exercising their option for a 20% stake in Inmet Mining’s (IMN-T) Cobre Panama, a large, open-pit copper development project in Panama.
Gold
Guyana Goldfields sizes up Aurora gold project
Guyana Goldfields (GUY-T) will release the findings of a definitive feasibility study on its Aurora gold project in late February following a four-week peer review, the company says, and a revised resource estimate will be out before the end of…
Woulfe scopes Muguk’s charm
Woulfe Mining (WOF-V), pleased with an initial resource at the Muguk gold-silver project in South Korea, has started a scoping study at the past-producing mine.
Smash Minerals, Prosperity Goldfields to merge
When Adrian Fleming, co-founder of the wildly successful Underworld Resources, listened to a presentation at his Vancouver office in November last year from Prosperity Goldfields’ (PPG-V) chief geologist Quinton Hennigh about a prospect in…
Auracle shares pop 51% before drill results
Shares of new Vancouver-based gold explorer Auracle Resources (AAL-V) spiked 51% last week to 46¢ apiece before the company releasing assay results from a first round of drilling at its Mexican Hat gold property in Arizona.
Inmaculada project looking good for Hochschild and Int’l Minerals
International Minerals (IMZ-T) has received a positive feasibility study for its 40%-owned Inmaculada underground gold-silver project in southern Peru, where it anticipates annual gold and silver production totalling 194,000 oz. gold-equivalent…
Goldcorp falls short of production targets, again
Before Goldcorp (G-T, GG-N) began commercial production at its expanded Red Lake gold mine on Jan. 1, 2001, the company was a 100,000- oz.-a-year mid-tier gold producer struggling to become a senior gold miner. But by the end of the year, Red…
Tigray on the hunt for another Bisha
Recent drilling at Tigray Resources’ (TIG-V) flagship Harvest copper-gold-silver project in northern Ethiopia has returned several high-grade intercepts, including 21 metres grading 5.7% copper, 1.5 grams gold per tonne, 18 grams silver per…
Golden Predator makes gains in the Yukon
Golden Predator (GPD-T) started strong in 2012 with more drill results from the Sleeman zone at its flagship Brewery Creek deposit and a new gold discovery at Cache Creek. Golden Predator is the largest active-exploration property holder in the…
Midas leading the pack of Idaho gold explorers
Just six months after completing its $45.2-million initial public offering in July, Midas Gold (MAX-T) has firmly emerged as the top gold explorer in Idaho following the state’s recent resurgence as a prospective mining jurisdiction.
Alexis keeps busy with Lac Herbin and Snow Lake
This year will be busy one for Alexis Minerals (AMC-T) as it fixes the operating Lac Herbin gold mine in Val-d’Or, Que., and moves the Snow Lake gold mine in Manitoba closer to production.
Ryan Gold looks to a strong year after challenging 2011
When The Northern Miner visited Ryan Gold’s (RYG-V) flagship Ida Oro project last August, the company was scrambling to finish its camp and make up for lost time.