Corrected resource estimate boosts Copper Fox 14% (July 04, 2007)
Vancouver – After a faulty resource estimate catalyzed a 35% drop in share price and forced the company to halt tra…
Gold
Australian Solomons finds new gold zone
A 100-metre intersection grading 3.44 grams gold per tonne sent Australian Solomons Gold (SGA-T) shares soaring 43%…
Lateegra’s El Picacho returns strong gold-silver results
Vancouver — Initial results from Lateegra Gold’s (LRG-V, LRGFF-O) El Picacho gold-silver project in Mexico are beginning to reverse the junior’s recent slide in the market.
Luna running with Piaba
Vancouver — Luna Gold (LGC-V, LGCU-O) has only held the Piaba gold project in Brazil for half a year, but the company is moving the site forward as quickly as possible, aiming for production by early…
Brazil becomes cornerstone for Kinross
Finding and developing new reserves to replace mined ounces is a constant struggle for gold producers, especially in today’s heated gold market where the competition for projects is fierce and permitt…
Cancor looks to start Algerian mining boom
The fervor in the voice of Cancor Mines (KCR-T, CAOMF-O) president Kamil Khobzi is hard to miss when he talks about exploring in Algeria.
Yamana building up to 1M-oz. mark in Brazil
If Yamana Gold (YRI-T, AUY-N) chairman and CEO Peter Marrone had been asked about the challenges the company was facing two years ago, he would have come up with a long list.
Exeter project on hold as Mendoza bans chemicals
Vancouver — By passing legislation banning the use of chemicals typically used by miners to extract gold and other metals, the government of the Argentinean province of Mendoza has thrown a wrench in…
Brazauro up on wide gold intercept (July 02, 2007)
Vancouver — Brazauro Resources (BZO-V, BZOFF-O) is flush with Brazilian gold after drill results confirmed continuous high-grade mineralization within the main deposit at its Tocantinzinho project, i…
Southwestern’s travails at Boka
Vancouver — The day after Southwestern Resources (SWG-T, SWGGF-O) announced a 6-month delay for the Boka gold project prefeasibility study in mid-June, the company’s co-founder, president and CEO Joh…
McEwen takes piece of Freegold (July 02, 2007)
Vancouver — Subscribing to a lion’s share of Freegold Ventures’ (ITF-T, FGOVF-O) recent $6.2-million private-placement financing, US Gold (UXG-T, UXG-X) chairman and CEO Robert McEwen will end up wit…
Fronteer bids for New West
Fronteer Development Group (FRG-T, FRG-X) is bidding for Denver-based gold explorer New West Gold (NWG-T) in an all…