Gold

Gold Fields' Tarkwa gold mine in southwestern Ghana. Photo by Gold Fields

Iamgold completes sale of Tarkwa and Damang stake

Flush with US$667 million in cash from the sale of its 18.9% stake in the Tarkwa and Damang projects in Ghana to Gold Fields (GFI-N), Iamgold (IMG-T, IAG-N) could be on the lookout for other acquisitions in West Africa, Canaccord Wealth…


Gabriel receives key permit for Rosia Montana

Vancouver – Gabriel Resources’ (BGU-T) much delayed Rosia Montana gold-silver project has been issued an archaeological discharge certificate, a key permit needed to move ahead with construction.


Glencore increases its bet on PolyMet

Glencore International (GLEN-L) is betting that PolyMet Mining’s (POM-T, PLM-X) NorthMet project in Minnesota has the stuff that profitable mines are made of. The giant metal trader and miner closed the latest round of a private placement that…



Carpathian Gold climbs on Romanian drill results

Carpathian Gold (CPN-T) is mounting a strong run on the market thanks to its latest results out of Romania. The assays come out of a 35,000 metre diamond drill program at its wholly owned Rovina Valley Project (RVP) in west-central Romania.


Former Idaho Governor encourages mining

When Democrat Cecil Andrus, the only governor in Idaho’s history to have served four terms, retired from the board of Coeur d’Alene Mines (CDM-T, CDM-N) after more than ten years of service, the mining company gave him a Beretta shot gun…


Intrepid Mines jumps on best drill hole

Shares of  Intrepid Mines (IAU-T, IAU-A) in Toronto jumped 3.7% or 6¢ to $1.67 yesterday on a high-grade intercept from in-fill drilling at its Tujuh Bukit project in Indonesia. At presstime Intrepid was trading at $1.73 per share.


Wallbridge eyes producer’s status

Sudbury, Ont. – It’s been a slow ride for Wallbridge Mining (wm-t), but one that has been picking up. With one successful spin-out, another in the making and a project near production, the explorer is ready to change gears.


Trelawney wants Augen Gold’s land

Trelawney Mining and Exploration (TRR-V) wants to consolidate its position on the Swayze gold belt by acquiring one of its largest neighbors: Augen Gold (GLD-V) Trelawney tabled the all-share offer to Augen’s board late on Friday afternoon,…


Peregrine Metals’ shares spike on acquisition news

Peregrine Metals (pgm-t) saw its shares surge more than 250% after U.S. platinum giant Stillwater Mining (swc-n) agreed to pay US$487.1 million for the junior and its large, yet undeveloped copper-gold project in Argentina.



Market unimpressed with Rubicon’s PEA for F2

Rubicon Minerals (RMX-T, RBY-X) fell $1.12, or 23.9%, to close at $3.56 per share with more than 4 million shares traded in Toronto after the company released a preliminary economic assessment (PEA) of its 100%-owned F2 gold system, part of its…


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