Perseus pours first gold
Perth, Australia-based Perseus Mining (PRU-T, PRU-A) has started producing gold from its Central Ashanti gold project in Ghana’s renowned Ashanti gold belt.
2011
Lombador I shines for Lundin in Portugal
A feasibility study looking at developing the upper portions of the rich Lombador zinc-copper orebodies at Neves-Corvo in Portugal has shown that it would be a “profitable and value accretive extension” to the mine, Lundin Mining (LUN-T)…
Mexico’s Echavarria to take 39% stake in Animas
Mexican investor Ernesto Echavarria has given Animas Resources (ANI-V) a $3.4-million cash injection as it works to advance the Santa Gertrudis gold project in northern Mexico.
Rapid progress for Atacama Pacific’s Cerro Maricunga
Thanks to several years of work as a private entity, Atacama Pacific Gold (ATM-V) came out of the gates running last year with a $33-million initial public offering and an advanced gold project in Chile.
Pacific North West looks to bolster Ontario’s PGM cred
Talk of platinum and palladium often leads North American mining investors’ minds to such far off places as South Africa, Russia and Zimbabwe.
Detour set to make Canadian gold mining history
The landscape around this town is prototypical of northeastern Ontario: a flat horizon dense with coniferous trees, broken here and there by a still, black lake.
Richmont’s Wasamac shows potential
Shares of Richmont Mines (RIC-T, RIC-X) jumped $1.42, or 15.1%, to $10.69 on drill results from its Wasamac gold property in Quebec’s Abitibi region.
Strong drill results from Queenston
Queenston Mining (QMI-T) has completed nine new drill holes at its wholly owned Upper Beaver gold-copper deposit in Kirkland Lake, Ont.
Magino holds promise for Prodigy Gold
Results from infill and resource expansion drilling at Prodigy Gold’s (PDG-V) Magino gold project near Wawa, Ont., sent the junior’s shares up 10% to close at 64¢ on Aug. 30.
Hunting for gold in the Gem State
Most know Idaho as the Potato State, but the area also has a lesser-known nickname, the Gem State, which dates back to its territorial days.
Positive results for Lake Shore’s Thorne
Promising assays from Lake Shore Gold’s (LSG-T) Thorne gold property in Timmins, Ont., did little to lift the company’s shares. The junior has been trading near its 52-week low of $1.91 on Aug. 15, 2011, since releasing dismal second-quarter…
Cadillac Ventures boosts resource at Thierry mine project
Cadillac Ventures (CDC-V) has increased measured and indicated resources by 33% and inferred resources by 75% at its 100%-owned Thierry polymetallic mine project in northwestern Ontario, based on drilling completed in 2010 and 2011.