Foundation, Alto release Coldstream resource
Vancouver – Foundation Resources (FDN-V) and Alto Ventures (ATV-V) have released an initial compliant resource for their 60-40-split East Coldstream project in northwestern Ontario.
Gold
Gold miners keep the faith at Denver Forum
A decade ago, when gold’s bull run was just beginning, the sessions at the Denver Gold Forum were “a lot like going to church,” said Franco-Nevada (FNV-T, FNV-N) president and CEO David Harquail at a presentation at this year’s show.
Agnico to buy Grayd
Agnico-Eagle Mines (aem-t, aem-n) has made a friendly $275-million takeover bid for Grayd Resource (gyd-v) and its two Mexican gold projects.
Hunting for gold in the Gem State
Most know Idaho as the Potato State, but the area also has a lesser-known nickname, the Gem State, which dates back to its territorial days.
Detour set to make Canadian gold mining history
The landscape around this town is prototypical of northeastern Ontario: a flat horizon dense with coniferous trees, broken here and there by a still, black lake.
Richmont’s Wasamac shows potential
Shares of Richmont Mines (RIC-T, RIC-X) jumped $1.42, or 15.1%, to $10.69 on drill results from its Wasamac gold property in Quebec’s Abitibi region.
Iamgold sells Mupane gold mine
Iamgold (IMG-T, IAG-N) has pruned the last of its non-core assets with the recent sale of the Mupane gold mine in Botswana to Galane Gold (GG-V).
Barrick keeps growing in Nevada
As Barrick Gold (ABX-T, ABX-N) steps up exploration efforts at its Cortez, Turquoise Ridge and Ruby Hill projects in Nevada, it has uncovered two new gold discoveries.
NovaGold boosts costs for Donlin
NovaGold Resources (NG-T, NG-X) has updated the cash needed to build its joint-venture Donlin (formerly Donlin Creek) gold project in Alaska, to US$7 billion from US$4.5 billion.
Goldgroup Mining’s big growth plans in Mexico
Junior Goldgroup Mining (GGA-T) believes it can produce much more gold within three years through organic growth by combining its Mexican assets, and Canaccord Genuity mining analyst Nicholas Campbell thinks that goalis on the mark.
Perseus pours first gold
Perth, Australia-based Perseus Mining (PRU-T, PRU-A) has started producing gold from its Central Ashanti gold project in Ghana’s renowned Ashanti gold belt.
Mexico’s Echavarria to take 39% stake in Animas
Mexican investor Ernesto Echavarria has given Animas Resources (ANI-V) a $3.4-million cash injection as it works to advance the Santa Gertrudis gold project in northern Mexico.