2009

Cash-strapped Century Mining (CMM-V, CMNZF-O) has pulled a rabbit out of its hat with a tentative investment deal by firms owned by Russian tycoon Maxim Finskiy and American investor Fran Scola to inject $20 million into the company.The U….

VANCOUVER — Gold sales were up for Kirkland Lake Gold (KGI-T, KGILF-O) during the quarter ending July 31. Kirkland sold 20,994 oz. gold at a price of C$1,072 per oz. over the period for revenues of $22.5 million.With operating expenses of…

Apollo Gold (APG-T, AGT-X) will mill 100,000 tonnes of ore from its Black Fox mine at St Andrew Goldfields’ (SAS-T, STADF-O) nearby Holt mill.Under the arrangement, excess low-grade ores will be trucked, using a contractor, to St Andrew’s…

Metanor Resources (MTO-V, MEAOF-O) has been seeing promising results from expansion drilling at its Barry pit at the operating Bachelor Lake gold mill, in Desmaraisville, Que., and at the Nelligan property just west of Bachelor Lake, and its…

While the masses went back to work and school after Labour Day, the last long weekend of summer will stretch 7-10 weeks for many at Xstrata Copper’s Kidd metallurgical site, near Timmins, Ont.The copper smelter and refinery, which employs…

Northgate Minerals (NGX-T, NGX-X) has found a new gold zone at its Young-Davidson property near Matachewan, Ont., close to the area of the proposed mine shaft.”These holes were originally drilled as condemnation holes to make sure there was…

VANCOUVER — With $144 million from a recent financing essentially doubling its cash coffers, FNX Mining (FNX-T, FNXMF-O) has a nice problem: Figuring out what to do with about a quarter-billion dollars.About half the money, according to FNX…

Ever since Lake Shore Gold (LSG-T, LSGGF-O) and West Timmins Mining (WTM-T, WTMNF-O) announced in early July that a wedge hole on their Thunder Creek gold property in Timmins intersected 12.75 grams gold per tonne over 83.4 metres, there has…