2015

Peregine Diamonds and Diamexstrat Botswana personnel in the field in Botswana, from left: Mike Shaw, Gerard de La Valle Poussin, Tom Peregoodoff, Herman Grtter and Barry Bayly.  Photo by Andr Fourie.

Peregrine Diamonds teams up with old Africa hands in Botswana

In its first meaningful venture in diamond exploration outside of North America, Peregrine Diamonds (TSX: PGD) expects to drill kimberlite targets in Botswana before year-end, thanks to the wisdom of three exploration geologists whose previous…


Workers at a drill site in the Artavasdes zone, part of Lydian International's Amulsar gold project in Armenia. Credit: Lydian International

New Armenian legislation is a plus for Lydian

Lydian International (TSX: LYD; US-OTC: LYDIF) says new mine ramp gradients will help it save up to $100 million in operating costs, and trim total cash costs to US$600 per oz. from US$642 per oz. at its Amulsar gold project in southern Armenia.


QMX Gold's past-producing Snow Lake gold mine in Manitoba, which Hudbay Minerals has agreed to buy for $12.3 million in cash and a conditional $5-million payment.   Credit: QMX Gold

Hudbay picks up QMX Gold’s Snow Lake mine

The opportunity to acquire the past-producing Snow Lake gold mine and mill in Manitoba from financially strapped QMX Gold (TSXV: QMX) emerged a couple of months ago, Hudbay Minerals (TSX: HBM; NYSE: HBM) has confirmed, but says “there is…



TSX retreats, April 13-17

Canada’s benchmark index fell on renewed concern over Greece’s debt and China’s new trading regulations. The S&P/TSX Composite Index slipped 28 points, or 0.2%, to 15,360.55, while the S&P/TSX Capped Diversified Metals…



McEwen Mining executive chairman Rob McEwen.

Rob McEwen speaks out on Mexican gold robbery

On April 7 armed robbers stole 900 kilograms of gold-rich concentrate containing 7,000 oz. gold from McEwen Mining’s (TSX: MUX; NYSE: MUX) El Gallo 1 mine in Sinaloa, Mexico. At US$1,200 per oz. gold, the thieves made off with over…


Workers pour the first concrete at Roxgold's Yaramoko gold project in Burkina Faso. Source: Roxgold

Roxgold starts construction at Yaramoko

Roxgold (TSXV: ROG; US-OTC: ROGFF) has kicked off construction at its high-grade Yaramoko gold project in southwestern Burkina Faso, with an aim of starting production in the second quarter of 2016.


A portal at Klondex Mines' Midas gold-silver mine in Nevada. Source: Klondex Mines

Klondex adds life to Midas with aggressive drilling

When Klondex Mines (TSX: KDX; US-OTC: KLNDF) bought the Midas gold-silver mine in Nevada from Newmont Mining (NYSE: NEM) in early 2014, Newmont had penciled in March 2015 as the date the underground operation would reach the end of its mine…





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