Axmin proposes US$69M gold mine in Sierra Leone
Vancouver – Axmin (AXM-V, AXMIF-O) received positive economics in a scoping study of its joint-venture Komahun go…
Gold
Hathor gets set to launch gold-silver spin-out
Uranium explorer, Hathor Exploration (HAT-V) is spinning out its gold-silver projects into a new company, MAX Miner…
Silver Wheaton to consolidate grip on silver-stream industry
Silver Wheaton’s (SLW-T, SLW-n) proposed acquisition of Silverstone Resources (SST-V) will give it immediate produc…
Aurizon looks strong
Vancouver – Aurizon Mines (ARZ-T) is one of those companies happy to be mining gold.
Dorato raising $5M to fund drill program in Peru
Vancouver – Dorato Resources (DRI-V) is topping up its cash reserves with a $5 million private placement underwritt…
Tower Hill raises $10 million, doubles Livengood drill program
Vancouver – Its financing brought in twice as much as it expected so International Tower Hill Mines (ITH-V) has d…
Alamos Gold reports strong results for 2008
Earnings jumped a record tenfold to US$29.4 million ($0.31 per share) last year from US$2.9 million ($0.03 per shar…
Cadiscor and Tiomin call off proposed merger deal
A risk of legal action from Jaguar Financial (JFC-T, JGFCF-O) was enough to derail a proposed friendly merger betwe…
Iamgold to raise $300 million in equity offering
Iamgold (IMG-T, IAG-n) plans to raise C$300 million in an equity offering to help pay for the development of its ne…
First Quantum earns US$45.9 million in 2008
Vancouver – Despite record copper production First Quantum Minerals (FM-T) managed to earn just US$45.9 million in …
Policy changes in Zimbabwe lead New Dawn to restart development
New Dawn Mining (ND-T) plans to take its 100%-owned Turk mine in Zimbabwe out of care and maintenance and put it ba…
Richmont Sees Healthy Q4
While other junior miners continue to be undercut by economic uncertainty, Richmont Mines’ (RIC-T, RIC-X) fourth-quarter results show a company being rewarded for its shrewd moves.