Royal Gold Buys Andacollo Royalty
VANCOUVER — Teck (TCK. B-T, TCK-N ) and its minority partner have agreed to sell a major share of the anticipated gold stream from their Carmen de Andacollo copper-gold mine in Chile to Denver-based …
Gold
Tower Hill Raises $10M, Doubles Livengood Drill Program
VANCOUVER — A March financing brought in twice as much as it expected, so International Tower Hill Mines (ITH-V, THM-X) has doubled the size of its drill program at the Livengood gold project in Alas…
Aurizon Thrives In Midst Of Downturn
VANCOUVER — Aurizon Mines (ARZ-T, AZK-X) is one of those companies happy to be mining gold.
Semafo Posts Record Financial, Operational Results
It may have been a year many companies would prefer to forget, but 2008 was one of the best years in Semafo’s (SMF-T, SEMFF-O) history.
Bigger Is Better For Juniors Magellan And Chapleau
Junior explorers Magellan Minerals (MNM-V, MAGNF-O) and Chapleau Resources (CHI-V, CHRRF-O) believe they’d be better off if they combined their exploration and development efforts in northern Brazil.
Capella Stock Soars On Lajitas Gold Intercept
Capella Resources (KPS-V) has intersected 105 metres of 1.59 gram gold per tonne in a drill hole on its Lajitas project in the Maricunga district of the Andes in northern Chile. The intercept starts a…
Paramount Gold And Silver Trades Major Stake For $9M
VANCOUVER–Through a $9-million financing, Paramount Gold and Silver (PZG-T, PZG-X) is selling as much as a quarter of the company to Toronto-based FCMI Financial.
Silver Wheaton To Consolidate Grip On Industry
Silver Wheaton’s (SLW-T, SLW-N) proposed acquisition of Silverstone Resources (SST-V, SVRCF-O) will give it immediate production and cash flow from a number of low-cost mines in politically stable cou…
Ventana Extends La Mascota To 725 Metres, Raises $6M
When the first set of drill results from Ventana Gold’s (VEN-T) La Bodega gold project in Colombia came in, CEO Richard Warke says no one could believe it.
Axmin Sees Potential Gold Mine In Sierra Leone
VANCOUVER — A scoping study on Axmin’s (AXM-V, AXMIF-O) Komahun joint-venture gold project in Sierra Leone, about 250 km east of Freetown, has indicated it would be economic to develop.
Rusoro denied appeal in blocked takeover of Gold Reserve
Vancouver – Gold Reserve (GRZ-T, GRZ-X) won another fight in its battle against Rusoro Mining (RML-V, RMLFF-O) th…
Centamin gets big boost in reserves
Centamin Egypt (CEE-T, CNT-A, CEY-L) has taken in some bullish news as it drives towards production at its Sukari G…