2012

The old Leprechaun offers up challenges to Marathon

Marathon Gold (MOZ-T) and Mountain Lake Resources (MOA-V) had to fight through some heritage issues at the Leprechaun deposit in Newfoundland, but its latest resource update outlines a resilient deposit.


UBS updates near-term commodity prices

The acceleration of capital outflow from emerging markets and tighter liquidity as stimulus ends from the U.S. Federal Reserve and the European Central Bank, a “rebalancing” in China where policymakers are not actively stimulating private…


Richmont drops on Wasamac’s PEA

Richmont Mines (RIC-T, RIC-X) saw it shares tumble after publishing a preliminary economic assessment (PEA) for its Wasamac gold project in Rouyn-Noranda, Que.


Fortuna sees a reversal of fortunes

Vancouver — Fortuna Silver Mines (FVI-T, FSM-N) is the latest company to get hammered for cost escalations after missing 2011 projections and forecasting higher costs for 2012.



Mitsubishi takes stake in Marathon

Mitsubishi Corp. of Japan will invest US$94.9 million for a 25% stake in Stillwater Mining’s (SWC.U-T, SWC-N) Marathon project, a platinum group metals and copper deposit near the north shore of Lake Superior about 10 km north of the town…


Class actions now in session

Vancouver — The numbers are sobering: A $4-billion class action lawsuit against Kinross Gold (K-T, KGC-N), a $1-billion claim against Baffinland Iron Mines, a $250-million claim against Agnico-Eagle Mines (AEM-T, AEM-N), a $66-million…



Northern Vertex finds more Mossy gold

Northern Vertex Mining (NEE-V, NHVCF-O) has its first assays in from the diamond drill part of its latest program at the Moss gold and silver project in Arizona.



First Quantum preps Sentinel for production

First Quantum Minerals (FM-T, FQM-L), which has several copper projects in its development pipeline, has provided a maiden reserve and resource for its Sentinel copper project in Zambia.



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