Volume 98 Number 39 Nov 12 - 18, 2012


The first ore blast at Northland Resources' Kaunisvaara iron ore mine in October. Source: Northland Resources

Northland starts its engines

Northland Resources (NAU-T) has been given the green light to get the big trucks rolling, which could mean that Sweden’s next iron mine is only weeks away from entering production.



Eldorado Gold sees higher costs in Q3

Eldorado Gold (ELD-T, EGO-N) forecasts gold production this year from its operating mines in China, Turkey, Greece and Brazil will reach 660,000 oz., at cash-operating costs of US$465 per oz.


An aerial view of Goldcorp's Red Lake gold mine in northwestern Ontario. Source: Goldcorp

Goldcorp rebounds with strong quarter

Vancouver-based major Goldcorp (G-T, GG-N) staged a comeback in the third quarter after being plagued by operational problems at its two largest mines during the first half of the year.


Red Eagle gets the cash to push ahead

Red Eagle Mining (RD-V) has some deep-pocketed investors believing in its ability to fast track its Santa Rosa gold project in Colombia into production.


Forsys to combine Namibian projects

Forsys Metals (FSY-T) has updated the resource estimate for its Namibplaas uranium deposit, and says it makes sense to combine its Namibplaas and nearby Valencia uranium deposit 7 km southwest to feed via conveyor a single, optimized process…


Taranis Resources' vice-president of exploration Jim Helgeson (background) and technician Thomas Gardiner sampling and mapping a trench at the Naakenavaara copper-gold project in northern Finland. Source: Taranis Resources

Finland’s next one?

Taranis Resources (TRO-V) thinks it’s about time a junior mining company hit the big time in northern Finland’s world-class Kittila copper-gold district.


An aerial view of the camp at Prosperity Goldfields' Kiyuk Lake gold project in Nunavut. Source: Prosperity Goldfields

Prosperity Goldfields sets the stage at Kiyuk

It has been nearly a year since Adrian Fleming and his team studied from afar drill results from Prosperity Goldfields’ (PPG-V) wholly owned Kiyuk Lake project in southwestern Nunavut’s Kivalliq district, and felt they could be…


A chopper and drill rig at the Walsh Lake zone at Seabridge Gold's Courageous Lake project in the Northwest Territories, 240 km northeast of Yellowknife. Source: Seabridge Gold

Seabridge likes what it sees at Walsh Lake

Mid-year exploration drilling at Seabridge Gold’s (SEA-T, SA-N) Courageous Lake project in Canada’s Northwest Territories uncovered a new gold occurrence 10 km south of the 6.5 million oz. proven and probable gold reserves that the…


Workers expose portions of the R65 kimberlite pipe to prepare for blasting and sampling at Stornoway Diamonds' Renard project in Quebec's Otish Mountains. Source: Stornoway Diamonds

Stornoway expects delays at Renard

Stornoway Diamond (SWY-T) recently provided an update on the construction of the Route 167 extension that would give it full-year road access to its fly-in Renard diamond project in Quebec, confirming earlier media reports that the project…


A drill rig used to target the CH-51 kimberlite at Peregrine Diamonds' Chidliak project in 2011. Source: Peregrine Diamonds

Peregrine attracts big-name financiers

Financing opportunities are hard to come by, particularly for junior companies far from production, which could explain why Peregrine Diamonds’ (PGD-T) shares have been climbing since the firm announced a $10-million financing on Oct. 25.


By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.

Close