NovaGold boosts costs for Donlin in Alaska
NovaGold (ng-t, ng-x) has updated the cash it needs to build its joint-venture Donlin gold project in Alaska from US$4.5 billion to US$7 billion.
Barrick Gold Corporation
Barrick finds two new gold zones in Nevada
As Barrick Gold (ABX-T, ABX-N) continues to step up its exploration efforts at Cortez, Turquoise Ridge and Ruby Hill projects in Nevada, it has uncovered two new gold discoveries.
Majescor doubles on Haitian drill results
At long last, Ottawa-based Majescor Resources (MJX-V) has received high-grade gold assays from drilling completed in December 2009 at its Somine gold-copper project in northeastern Haiti.
Detour Gold taking the direct route towards production
The landscape around Cochrane Ontario is prototypical of the land in northeastern Ontario: a flat horizon dense with coniferous trees, broken only intermittently by a still black lake.
Barrick stung by higher costs
Higher costs are pushing capital expenditure estimates higher for Barrick Gold’s (ABX-T, ABX-N) major growth projects at Pueblo Viejo, Pascua-Lama and Cerro Casale, the company reports.
Majescor doubles on pre-earthquake Haitian drill results
Ottawa-based Majescor Resources (MJX-V) has released high-grade gold assays, including 10.5 metres of 77 grams gold per tonne, from drilling completed in December 2009 at its Somine gold-copper project in northeast Haiti.
Market shrugs for NovaGold’s Galore Creek PFS
NovaGold Resources (NG-T, NG-X) has released a new prefeasibility study (PFS) for its 50%-owned Galore Creek copper-gold project in northern B.C. nearly six years after completing it the first time around.
Major gold miners on an uptick
As fresh sovereign debt crises unfold and fears mount over a possible second recession, investors continue to look to gold as a leading safe-haven investment.
Barrick buys 9% of Carpathian Gold for $20M
Carpathian Gold (CPN-T) has received a big credibility boost from Barrick Gold (ABX-T, ABX-N), after the miner agreed to purchase $20-million worth of the junior’s shares for an approximate 9% interest.
Market shrugs for NovaGold’s Galore Creek PFS
Vancouver – NovaGold Resources (NG-T, NG-N) has released a new prefeasibility study for its 50%-owned Galore Creek copper-gold project in Northern British Columbia, nearly six years after completing it the first time round.
Barrick buys 9% stake in Carpathian for $20 million
Carpathian Gold (CPN-T) has received a big credibility boost from Barrick Gold (ABX-T, ABX-N) after the major gold miner agreed to purchase $20-million worth of the junior’s shares for an approximate 9% interest.
Reko Diq inches closer to a licence
A mining licence dispute for the sizable Reko Diq copper-gold project in Pakistan’s southwest Balochistan province potentially nears its end, after much uncertainty.