Caledonia boosts Blanket output, targets more gold in 2012
Caledonia Mining (CAL-T, CMCL-L) says total gold production for 2011 more than doubled at its Blanket mine in southwestern Zimbabwe, pushing its stock up nearly 9%.
Kinross Gold Corporation
Kinross tumbles on project delays
Kinross Gold (K-T, KGC-N) fell more than 20% after it said it is reviewing its three major advanced gold projects to improve economics, likely causing months of delay and a goodwill write down of the Tasiast gold project in Mauritania.
Exeter completes prefeasibility on Caspiche
The Caspiche gold-copper project in northern Chile’s Maricunga gold district has a US$2.8-billion pre-tax net present value at a 5% discount rate and a pre-tax internal rate of return of 11.5%, according to Exeter Resource’s (XRC-T, XRA-X) new…
Still lots to learn around Tasiast
With Kinross Gold’s (K-T, KGC-N) Tasiast project generating some negative headlines lately – to say nothing of the negative momentum of its share price – investors may be thinking that the shine is off the Tasiast gold project and gold mining…
Caledonia sees 102% rise in 2011’s gold output
Caledonia Mining (cal-t, cmcl-l) says total gold production for 2011 more than doubled at its Blanket mine in southwestern Zimbabwe, pushing its stock up nearly 9%.
TSX climbs as Greece gets handle on debt woes
Word that Greece could finally be approaching an end to its debt catastrophe helped lift global markets for the Jan. 16-20 period and the TSX Composite Index was no exception as it gained 165 points to finish at 12,397.10 points.
Smash Minerals, Prosperity Goldfields to merge
When Adrian Fleming, co-founder of the wildly successful Underworld Resources, listened to a presentation at his Vancouver office in November last year from Prosperity Goldfields’ (PPG-V) chief geologist Quinton Hennigh about a prospect in…
Alexis keeps busy with Lac Herbin and Snow Lake
This year will be busy one for Alexis Minerals (AMC-T) as it fixes the operating Lac Herbin gold mine in Val-d’Or, Que., and moves the Snow Lake gold mine in Manitoba closer to production.
Entourage gets first sniff of high-grade gold near Hemlo
Entourage Metals (EMT-V) has added a second drill rig to its Black Raven gold prospect in the Schreiber-Hemlo greenstone belt of Northern Ontario following encouraging first-pass drill results.
Exeter completes Caspiche prefeasibility
The Caspiche project in northern Chile’s Maricunga gold district has a pre-tax net present value at a 5% discount rate of US$2.8 billion and a pre-tax internal rate of return of 11.5%, according to Exeter Resource’s (XRC-T, XRA-X)…
Kinross tumbles as it scrambles to cut costs
Kinross Gold’s shares fell 20% a day after the company said it’s reviewing its three growth projects to improve “capital allocation, project sequencing and investment returns.”
Alexis is on the move
This year will be busy one for Alexis Minerals (AMC-T) as it continues to fix the operating Lac Herbin gold mine in Val-d’Or, Que., and moves the Snow Lake gold mine in Manitoba closer to production.