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Centerra Gold's Kumtor gold mine in Khyrgyzstan, one of the largest gold mines in Central Asia. Credit: Centerra Gold

Centerra closer to restructuring Kumtor’s ownership

Centerra Gold (TSX: CG; US-OTC: CAGDF) says Kyrgyzstan’s parliament has passed a resolution that appears to support the new ownership structure for the country’s largest gold mine, despite several “materially…



TSX Venture Exchange, Feb. 3-7

The S&P/TSX Venture Composite Index rallied during the trading sessions after two consecutive weeks in the red, as it jumped 1.1%, or 10.78 points, en route to a 962.10-point close. Markets were bolstered by rising metal and energy futures,…



Surface facilities at the Botija area at First Quantum Minerals' Cobre Panama copper project in Panama. Credit: First Quantum Minerals

First Quantum expands on Inmet’s vision at Cobre Panama

In an era when investors are demanding leaner budgets and more efficient projects, First Quantum Minerals (TSX: FM, LSE: FQM) is going old school. The company says the economics of the recently acquired Cobre Panama copper project in…


The core handling facility at Sunridge Gold's Asmara project in Eritrea. Credit:  Sunridge Gold

Sunridge gets cash and government on board in Eritrea

Sunridge Gold (TSXV: SGC; US-OTC: SGCNF) says it’s the biggest milestone achieved to date at its Asmara copper–zinc–gold project in Eritrea. In one broad stroke the company has cemented its position in the country and…


Casablanca urges Cliffs to spin off international assets

Shares in Cleveland-based Cliffs Natural Resources (NYSE: CLF) have been trading heavily since activist hedge-fund Casablanca Capital urged the company to spin off its international assets and implement other changes to boost…


Drilling at Excelsior Mining's Gunnison copper project in Arizona, 105 km southeast of Tucson. Credit: Excelsior Mining

Excelsior’s strong economics at Gunnison create market stir

VANCOUVER — Excelsior Mining (TSXV: MIN) took its time with a prefeasibility study (PFS) at its Gunnison copper project in southern Arizona, but when the company finally unveiled its results on Jan. 17, the market took notice. Excelsior…




OceanaGold has employed a hedging program for its Reefton gold mine in New Zealand. Credit: OceanaGold

Is hedging making a comeback?

At the end of January, Australian gold producer Northern Star Resources (ASX: NST) announced a hedge program of 100,000 oz. gold production for one year at an average gold price of A$1,462.16 (US$1,295.28) per oz., calling its decision a…


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