Rubicon to spend $60 million more on Red Lake
As soon as Rubicon Minerals (RMX-T, RBY-X) completes a $25 million phase-one drill program at its 100%-ow…
Gold
New Producer Aura Forges Ahead In Mexico, Brazil
VANCOUVER–It has been a busy six months for Aura Minerals (ORA-T, ORAUF-O). Since inking a deal to buy three producing gold mines from Yamana Gold (YRI-T, AUY-N) in June, the company has received the…
Riverside Gets A Grip On SugarLoaf
SITE VISIT QUARTZSITE, ARIZ. — Geologists often trek through some of the Earth’s most isolated and treacherous areas in search of an orebody. But every so often, their job is…
Centerra Boosts Q3 Profits
Despite trouble at both its Boroo mine in Mongolia and its Kumtor mine in Kyrgyzstan, Centerra Gold (CG-T, CAGDF-O) managed to boost profits by 19.5% during the third quarter.
B2Gold Readies Orosi Production, Deals With Limon Strike
Production should start by the end of the month at B2Gold’s (BTO-T) Orosi gold mine in Nicaragua and that means there will be a major increase in gold production for the company next year.
Record Q3 Earnings Lift Iamgold
VANCOUVER — Iamgold’s (IMG-T, IAG-N) shares jumped 24% over four days to reach a new all-time high surrounding news that the gold producer pulled in record earnings of US$64.9 million in the third qu…
Cree Lake ‘A Dream Come True’ For Mantis Mineral
Like the chief executives of many junior exploration companies these days, Robin Ross believes there’s a huge disconnect between the amount of gold Mantis Mineral (MYN-C, MNTCF-O) has in the ground an…
Gold Breaches US$1,100 Per Oz
The first week of November was another fascinating one for gold watchers as the yellow metal’s spot price once again shattered new nominal all-time highs and poked its head up above another nice, roun…
Axmin’s Troubles Land It In Toro Gold’s Arms
A private gold exploration company with an interest in sub-Saharan and equatorial Africa hopes to acquire Canadian junior Axmin (AXM-V, AXMIF-O), which has gold and other assets in the Central African…
Randgold, AngloGold Beef Up Moto Stake
Randgold Resources (GOLD-Q , RRS-L) and AngloGold Ashanti (AU-N) are showing their faith and optimism in the recently acquired Moto gold project in the Democratic Republic of the Congo’s (DRC) northea…
Miwah does not disappoint East Asia Minerals
In the coming weeks, a second drill rig will be flown by helicopter to the Miwah gold project in Indonesia’s A…
Osisko options Goldboro project from Orex
Osisko Mining (OSK-T) has signed a deal with Orex Exploration (OX-V) that includes spending $8 million in expl…