Rebranded AuRico Gold is in good shape
AuRico Gold (AUQ-T, AUQ-N) has had nothing short of a notable year so far, as the company continues to rebrand as a low-cost producer, now with three gold-silver mines in Mexico.
Gold
Alamos is on the move
Alamos Gold (AGI-T) has posted higher second-quarter profits, despite lower production at its flagship Mulatos gold mine in Mexico’s Sonora state.
Goldcorp’s Penasquito finding its legs
Beset by a string of early production problems, Goldcorp (G-T, GG-N) is hurriedly working to ramp up to full production at its newest flagship asset, the Penasquito silver-gold-lead-zinc mine in Mexico’s Zacatecas state.
Almaden expands Ixtaca zone
Prospect generator Almaden Minerals (AMM-T) continues to expand its wholly owned Ixtaca discovery as it works through a 20,000-metre drill program on the property.
Alexis has high hopes for Manitoba assets
Alexis Minerals (AMC-T) is looking to make a comeback.
Endeavour Mining to merge with Adamus
Canada’s Endeavour Mining (EDV-T) and Australia’s Adamus Resources (ADU-V, ADU-A) are planning to merge and create a “growth-focused West African gold producer” with pro forma production this year of about 170,000 oz. gold from two mines,…
Encouraging signs for Rio Novo Gold
Exploration at Rio Novo Gold’s (RN-T) Vira-Saia target on its Almas gold project in Brazil is yielding shallow, low-grade mineralization likely amenable to bulk mining methods, analysts say.
Augen Gold directors capitulate after Trelawney raises offer
Ontario-focused gold explorer Trelawney Mining and Exploration (TRR-V) has raised its all-share bid for neighbour Augen Gold (GLD-V) to 0.0862 of a Trelawney share from 0.066 of a share.
Feds accept Taseko’s New Prosperity for review
Vancouver – The Federal Government has agreed to take a second look at Taseko Mines’ (TKO-T) gold-copper Prosperity project in central British Columbia, breathing new optimism into the beleaguered project.
Treasury Metals gets solid results out of Goliath
Treasury Metals’ (TML-T) quest to add significant tonnage to its resource estimate got a boost from recent drill results at the Goliath Gold project in Northwestern Ontario. While the company is drilling the better understood Eastern zone, it…
Initial resource out for Atacama Pacific’s Cerro Maricunga
Vancouver – Thanks to several years of work as a private entity, Atacama Pacific Gold (ATM-V) came out of the gates running last fall with a $33-million IPO and an advanced gold project in Chile.
Coro Mining shares plunge after environmental permit rejection
The provincial government of Mendoza has failed to ratify the environmental impact declaration for Coro Mining’s (COP-T) San Jorge copper-gold porphyry project in Argentina, voting against allowing the company to build an open-pit mine there.