Record gold production at low cash costs averaging US$186 per oz. contributed to a record net profit after-tax of US$58.1 million in the six months ended Dec. 31, 2010, Medusa Mining (MLL-T, MML-L, MML-A) reports.
A 50% increase of indicated resources at the Bakyrchik gold deposit “bodes well” for the definitive feasibility study that is due by June, Altynalmas Gold and Ivanhoe Mines (IVN-T, IVN-N, IVN-Q) say.
Since joining the ranks of gold producers in 1991, Richmont Mines (RIC-T, RIC-X) has produced more than 1.2 million oz. gold from its operations in Quebec, Ontario and Newfoundland, and by mid-year the company expects to add production from its…
Batero Gold (BAT-V) released the best drill results yet from its Batero-Quinchia gold project in Colombia and the news took the company’s shares for a wild ride.
Northgate Minerals (ngx-t, nxg-n) has boosted its indicated resource tonnes by 18% and its contained gold and copper by 10% and 9%, respectively, at its Kemess underground project in north-central British Columbia.
Toronto-based Detour Gold (DGC-T) will resist takeover attempts as the junior focuses on increasing and developing its resources at the Detour Lake project in northern Ontario, already the largest pure gold play in North America, says president…
With 56 properties scattered throughout the Yukon to explore, Ryan Gold’s (RYG-V) new president, Shawn Ryan, has his work cut out for him. Ryan sold six gold properties to the company last September, and on Feb. 16, the long-time prospector and…
Capital costs to resume production at Fire River Gold’s (FAU-V, FVGCF-O) flagship Nixon Fork underground gold mine in Alaska are estimated at US$6.3 million, with a projected payback of three months, according to a preliminary economic…
After delineating nearly five million ounces of gold at its Esaase project in Ghana, Keegan Resources (KGN-T) is continuing to intersect mineralization as it tests both downdip and strike extensions of known zones.
February was a busy month for Northern Dynasty Minerals (NDM-T, NAK-X) and Anglo American (AAL-L) at their gigantic Pebble copper-gold-molybdenum project in southwest Alaska, said by many to be one of the largest undeveloped copper-gold…
GoldQuest Mining (GQC-V) has undergone significant management changes as it prepares to advance its prospects in both the Dominican Republic and Spain.
As tensions in Côte d’Ivoire continue to escalate, it is getting more difficult to determine if and when a stable investment environment may return to the country.
By continuing to browse you agree to our use of cookies. To learn more, click more information
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.