Volume 98 Number 1 Feb 20 - 26, 2012

Drillers at work at Terraco Gold's Almaden gold project, 126 km northwest of Boise, Idaho. Photo by Terraco Gold

Idaho: More than just the Midas touch

Ask a mining investor about gold in Idaho and Midas Gold (MAX-T) will likely be the first name that pops  up. The company has put itself at the forefront of the conversation by proving up 5.8 million oz. of the yellow metal at its Golden…


Pilot Gold searches for next Long Canyon

On the hunt for the next Long Canyon gold deposit, Fronteer Gold spin-out Pilot Gold (PLG-T) has found encouragement some 75 km southeast of its original Nevada discovery.



Atna Resources' Pinson gold mine near Winnemucca in northern Nevada. Photo by Atna Resources

Atna’s Pinson project has open-pit potential

Atna Resources (ATN-T) plans to start commercial underground mine production in this year’s fourth quarter at its Pinson gold project near Winnemucca, Nev., and is exploring the possibility of developing an open-pit mine on the property…



Lynas' rare earth elements processing plant in Pahang State, Malaysia. Photo by Lynas

Malaysia gives Lynas temporary REE plant licence

Shares of Lynas (LYC-A) closed 19% higher at A$1.59 on the Australian Stock Exchange following news that, after a year of delay, the Malaysian government  has approved a temporary operating licence for the rare earth separation plant the…


JV partners Regulus and Pachamama to merge

Already equal partners in the headline-grabbing Rio Grande copper-gold project in Argentina, Regulus Resources (REG-V) and Pachamama Resources (PMA-V) are making the arrangement formal and merging into one company.


A showing of fuchsite and carbonate-altered mafic to ultramafic volcanic rocks, recrystallized cherty iron formation and quartz veins at Benton Resources' Sewell gold project near Timmins, Ontario. Photo by Benton Resources

Gold sniffs for Benton at Sewell-West project

Last December Benton Resources (BTC-V) launched a 1,500-metre drill program at its Sewell-West Timmins grassroots gold project in northern Ontario, 60 km west of Timmins and 40 km west of Lake Shore Gold’s (LSG-T) Timmins gold mine.


Positive prefeasibility for Silvercorp

AMC Mining Consultants has given the thumbs-up to Silvercorp Metals’ (SVM-T, SVM-N) Gaocheng silver-lead-zinc project in southern China in a prefeasibility study that outlines a $73.7 million net present value at an 8% discount rate, a…


A drill rig at Magma Metals' Thunder Bay North platinum-palladium-copper-nickel project, located 50 km northeast of Thunder Bay, Ontario. Photo by Magma Metals

Panoramic launches hostile bid for Magma Metals

An unfriendly takeover bid of Magma Metals (MMW-T, MMW-A) by Australia’s Panoramic Resources (PAN-A) sent Magma’s shares in Toronto up 77% to close at 15¢ on Feb. 3 with nearly 3 million shares changing hands.  


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