Rio Alto gets more production out of La Arena than expected
Rio Alto Mining’s (RIO-T, RIO-N) continues to build itself into a miner to be reckoned with on the back of its La Arena gold mine in Peru.
2013
Agnico-Eagle investment a ‘vote of confidence’ in Sulliden
After what Sulliden Gold (SUE-T, SDDF-O) describes as a “thorough technical review,” Agnico-Eagle Mines (AEM-T, AEM-N) has made a $24 million strategic investment in the junior and its Shahuindo project in northern Peru.
Lumina completes PEA on Taca Taca
A preliminary economic assessment of Lumina Copper’s (LCC-V) enormous Taca Taca project, among the world’s top-tier undeveloped copper deposits, demonstrates a US$2.1-billion after-tax net present value and a 17.2% after-tax…
Venture board follows TSX down to start April
VANCOUVER – The S&P TSX Venture Exchange was not spared in the storm that tore through world markets in the first week of April. The Venture board managed only one positive day and it was not enough to repair the damage: the index…
Kinross invests in Revolution Resources
Just a few short months since acquiring all of Lake Shore Gold’s (LSG-T, LSG-X) assets in Mexico, Revolution Resources (RV-T) has reeled in Kinross Gold (K-T, KGC-N) as a new shareholder.
The market giveth and the market taketh away
The Big Board gave away what it gained for investors thus far this year. The TSX Composite Index was down 420 points to 12,331.85 for the April 1-5 period wiping out gains made over the last three months.
Poor jobs data torpedoes U.S. equities, Apr. 1-5
The S&P 500 hit an all-time closing high early in the trading week (1,570.25 on Apr. 2) but disappointing jobs data released on Apr. 5 sent the index down 1.0% for the week to 1,553.28. The Dow Jones closed down 0.10% at 14,565.25. The…
Tiger Resources ramps up operations in the DRC
VANCOUVER – The risk-reward tradeoff that permeates the Democratic Republic of Congo (DRC) is working out well for Tiger Resources (TGS-T, TGS-A): the Australian company has been producing copper from the first phase of its Kipoi project…
Bellhaven closes deal to expand Colombian footprint
Large tonnage deposits may not be the flavor of the month these days but Bellhaven Copper & Gold (BHV-V) is positioning itself to be in a prime position when investors swing back to a love affair with big gold deposits.
Kubi offers upside for PMI Gold
A month after PMI Gold (PMV-V) and Keegan Resources (KGN-T, KGN-X) called off their merger plans in February because it appeared unlikely that PMI Gold’s shareholders would approve the deal, drill results continue to identify anomalous gold at…
Teranga Gold signs new agreement in Senegal
Teranga Gold (TGZ-T, TGZ-A), which has been producing gold from its Sabodala open-pit gold mine in the Republic of Senegal since March 2009, has agreed to amend its stability agreement with the government to increase the royalty rate on…
El Tigre pushes to process historic tailings to create cash for new exploration
VANCOUVER – Most junior explorers face the same quandary. They own a prospective project, or perhaps several, but have no sources of income, which means finding the funds to explore their prospective lands is a constant struggle.