Riverside, Hochschild forge alliance
VANCOUVER — Vancouver-based project-generator Riverside Resources (RRI-V) is adding to its partnerships in Mexico with a $2.5-million alliance with London-based precious-metal producer Hochschild Mining (HOC-L).
Newmont Mining Corporation
Midway gets key permit, pushes Pan closer to production
Midway Gold (MDW-V, MDW-X) is closer now to production than ever, with the Nevada state government handing the company the water pollution control permit needed for its Pan Gold project.
Hope Bay springs eternal for TMAC
VANCOUVER — In a few short months, privately held TMAC Resources has acquired a large gold project in northernmost Canada, signed a memorandum of understanding (MOU) with the Inuit association that owns the project lands, added $35…
TMAC Resources breathes new life into Hope Bay
VANCOUVER – In a few short months privately-held TMAC Resources has acquired a massive gold project in northern Canada, signed a memorandum of understanding (MOU) with the Inuit association that owns the project lands, added $35 million…
The wrath of the writedown
VANCOUVER — The mining sector has seen more than its fair share of writedowns of late.
The Wrath of the Writedown
VANCOUVER – The mining sector has seen more than its fair share of writedowns of late.
The high-stakes world of Papua New Guinea mining
PORT MORESBY, PAPUA NEW GUINEA — Rising out of the sea at the collision of the Pacific and Indo-Australian tectonic plates, Papua New Guinea is the stuff of legend for both its geological potential and punishing working environment.
U.S. equities are fragile, Feb. 18-22
The S&P 500’s seven-week winning streak ground to a halt with the benchmark index falling 0.1% to 1,515.60. The Dow Jones Industrial Average edged 0.1% higher to finish at 14,000.57 and The Philadelphia Gold and Silver index…
Royalty sale a windfall for Premier Gold
It’s not every day that an exploration-and-development company can turn a US$35-million profit in just 14 months with what appears to be little effort.
Shaking it up at Klondex
Last June Klondex Mines (KDX-T) replaced its board with a new slate of directors and in September hired Paul Huet as its chief executive, a mine engineer and expert in narrow vein gold mining best known for building and permitting Great Basin…
Eurasian scores in Turkey
After a busy 2012, Eurasian Minerals (EMX-V) is starting 2013 with a bang: in its first news release of the year the company reported the highest-grade intercept to date at Akarca, the gold-silver project in northwest Turkey where Eurasian just…
Pilot, Teck tune in to Turkish TV
Drill results from Pilot Gold’s (PLG-T) early stage joint-venture project with a Turkish subsidiary of Teck Resources (TCK-T, TCK-N) sent the junior explorer’s shares up 3% to $1.87, with 1.8 million shares changing hands.