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Mining equipment  at Turquoise Hill's  Oyu Tolgoi copper-gold mine in Mongolia. Source: Turquoise Hill Resources

Mongolia confounds investors

The mining sector makes up 20% of Mongolia’s gross domestic product (GDP), 40% of its budget income, 85% of its investment and 90% of its exports, but the uncertainty that permeates everything from the security of mineral tenure and…


Workers tend to equipment at the Fosterville gold mine in Australia. Source: Crocodile Gold

Real tears of joy for Crocodile

Crocodile Gold (TSX: CRK; US-OTC: CROCF) investors are soaking up the good news. The Toronto-based miner boosted its 2013 production guidance on the back of higher-than-expected gold production in the third quarter. Given consistent output…




Underground mining equipment at the Black Fox gold mine in Ontario. Source: Brigus Gold

Brigus Gold could extend mine life at Black Fox

Orebodies in the Timmins camp of Ontario often surpass depths of 1,000 metres, so investors in Brigus Gold (TSX: BRD; NYSE-MKT: BRD) cheered when they heard that a downdip test hole drilled from the underground at the company’s Black Fox…


Agnico Eagle Mines CEO Sean Boyd checks out the heap-leach pad at the new La India gold mine in Sonora, Mexico. Photo by Salma Tarikh.

Agnico gears up La India for production

SONORA, MEXICO — Agnico Eagle Mines (TSX: AEM; NYSE: AEM) gets things done quickly: it’s on the cusp of producing gold from its La India mine in northern Mexico, less than two years after acquiring it from Grayd Resource.


A drill rig at Lydian's  Amulsar gold mine in Armenia. Source: Lydian International

Lydian rebounds on heap leach approval

VANCOUVER — Shares in  Lydian International (TSX: LYD) surged 25% on news that the Armenian government had  approved a new location for the heap-leach facility at the compnany’s proposed Amulsar gold mine in the country,…


Drilling at Ivanhoe's Platreef project in South Africa. Source: Ivanhoe Mines

‘Unprecedented’ hit at Flatreef PGM deposit

A 90-metre intersection of 4.51 grams per tonne of platinum, palladium, rhodium and gold — plus 0.37% nickel and 0.20% copper — at Ivanhoe Mines’ (TSX: IVN; US-OTC: IVPAF) Flatreef deposit in South Africa has reignited talk of…


U.S. markets, Oct. 14-18

A last-minute deal to prevent a U.S. default — along with the reopening of government offices — sent the S&P 500 into record territory, helped by a growing consensus that Washington would not taper quantitative easing until at…


Toronto Stock Exchange, Oct. 15-18

The S&P/TSX Composite Index was up 233 points to 13,136.09 for the holiday shortened period. But the gains paled in comparison to the momentum south of the border after a debt deal was reached. The performance gap between the S&P/TSX…


Enexco tables Contact PEA in Nevada

International Enexco (TSXV: IEC) is taking a measured approach to building its wholly owned Contact copper project in Nevada, with a recent prefeasibility study showing the deposit could be economically mined as a small and relatively cheap…


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