Debt-free and un-hedged gold producer Medusa Mining (mll-t, mml-l, mml-a) will use US$80 million from its cash flow and build a new treatment plant and expand its Co-O mine in southeastern Mindanao, the second-largest island in the Philippines.
Partners Midland Exploration (MD-V) and Agnico-Eagle Mines (AEM-T, AEM-N) have found a shallow new gold zone in the northwestern part of the Maritime-Cadillac property in the Abitibi region of Quebec.
Gold Canyon Resources (GCU-V) latest results continue to add to the recent momentum the company has generated around its Springpole gold project in the Red Lake district of Ontario. The results were highlighted a hole returning 225 meters…
Assay results from the silver zone of Bravo Gold’s (BVG-V) 100%-owned Homestake Ridge project in northwestern British Columbia drove the junior’s share price up 13.33% to 17¢ today.
The old mines of Nicaragua’s San Albino and Murra district are getting a fresh look from Golden Reign Resources (GRR-V). The Vancouver-based company’s latest drill results show the area – which has hosted mines all the way back to when the…
Nov. 15-19 was not a great trading week for U.S. equities. The Dow Jones Industrial Average added just 10.97 points or 0.10% to finish at 11,203.55, while the S&P 500 gained 0.52 point or 0.04% to close at 1,199.73. Just four companies on…
Troy Resources(TRY-T, TRY-A) has built a plant and poured its first gold in sixteen months at its Casposo mine in Argentina’s San Juan province.
Vancouver – Corex Gold (CGE-V) added 20% to its share price after another set of drill results from the Santana project in Mexico expanded the Nicho gold oxide zone.
Vancouver – An updated feasibility study for Imperial Metals’ (III-T) Red Chris project in northwest British Columbia says a $443-million investment would build a mine able to produce 74 million lbs. copper and 47,000 oz. gold annually for 28…
While Brazilian billionaire Eike Batista has swelled his fortune on Brazilian offshore oil over the last five years he still has an appetite for the commodity that helped propel him to fame and fortune so many years ago.
A private placement earlier this year, in which Sino Minerals Corp., formerly China Nonferrous Metals Exploration, took a 35.09% equity stake in Nova Scotia-based Silvore Fox Minerals (SFX-V), is starting to pay dividends.
Vancouver – Emerging producer Farallon Mining (FAN-T) has agreed to a friendly takeover bid by zinc giant Nyrstar in an all-cash deal valued at $409-million fully diluted.
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