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A closeup of the terrain at Roxgold's Yaramoko gold project in Burkina Faso. Credit: Roxgold

All systems go for Roxgold’s Yaramoko mine

It took just three months for authorities in Burkina Faso to approve the environmental and social impact assessment Roxgold (TSX: ROG; US-OTC: ROG) submitted for its Yaramoko gold project in the country’s Houndé greenstone belt,…


US stocks advance, Aug. 18-22

U.S. equities had a strong run during the Aug. 18–22 week. The Dow Jones Industrial Average jumped 338 points to 17,001.22. The S&P 500 Index rose 33 points to 1,988.40, while the tech-heavy Nasdaq Composite Index climbed 74 points to…



Ousted Cliffs CEO to receive US$11M payment

Struggling iron ore and coal miner Cliffs Natural Resources (NYSE: CLF) will have to make close to $28 million in severance payments to executives and other key staff that have been turfed following a proxy battle.


TSX Venture bounces back, Aug. 18-22

VANCOUVER — The S&P/TSX Venture Composite returned to the black after three consecutive weeks in the red during the Aug. 18-22 trading period, as it gained 9.7 points to 1,005.58. Precious metal and energy futures retreated during the…



Eagle Mountain geologists working on core from the 2011-2012 drilling campaign. Credit: Goldsource Mines

Goldsource keeping it simple with Eagle Mountain PEA

VANCOUVER — When Goldsource Mines (TSXV: GXS; US-OTC: GXSFF) picked up the Eagle Mountain gold property in Guyana in May, chief operating officer Eric Fier and CEO Scott Drever highlighted that the project’s saprolite…


The Batu Hijau copper-gold mine is operated by PTNNT, a joint venture between Newmont, a Japanese firm, and three Indonesian corporations. Credit: Newmont Mining

Resolution at hand for Newmont in Indonesia

A month after Freeport-McMoRan Copper & Gold (NYSE: FCX) signed a deal with the Indonesian government resolving a standoff over the country’s recently imposed export tax on mineral concentrates, Newmont Mining (NYSE: NEM) appears…


Project geologist Jared Tarswell (left) and Rockhaven Resources CEO Matt Turner at the Klaza gold-silver project in central Yukon. Photo by Gwen Preston.

Rockhaven has high hopes for Klaza in Yukon

CARMACKS, YUKON — Rockhaven Resources (TSXV: RK) is not the first, second, or even third company to explore the Klaza project in central Yukon, but it is the first company to find what the others had sought: epithermal gold and silver.



Banro's Twangiza gold mine in the Democratic Republic of the Congo. Credit: Banro

Banro finds ‘relief’ in new financing plan

Banro (TSX: BAA; NYSE-MKT: BAA) has crafted a large financing plan to improve its liquidity and ability to bring Namoya, its second gold mine in the Democratic Republic of the Congo (DRC), to full production. The plan includes a US$35.5…


A worker handles drill rods at Duluth Metals and Antofagasta's Twin Metals copper-nickel-PGM project in Minnesota. Credit: Duluth Metals

Price tag for Duluth’s Twin Metals nears US$3B

The release of a prefeasibility study estimating that its Twin Metals copper-nickel-platinum group metals joint-venture project would cost US$2.8 billion to build sent Duluth Metals (TSX: DM; USOTC: DULMF) shares tumbling by more than 25%.


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