Rainy River hits feasibility milestone
Rainy River Resources’ (RR-T) president and CEO Raymond Threlkeld is touting the company’s Rainy River gold deposit in northwestern Ontario as a “low risk and very high return project.”
News
Bears slam gold price
Gold bugs have been taking a beating of late, and it just seems to be going from bad to worse. The gold price entered official bear territory, falling more than 20% from its peak, crashing through the psychological barrier of US$1,500 per oz….
New milestone for OceanaGold
Earlier this week OceanaGold (OCG-T, OGC-A) declared that the first concentrate from its Didipio open-pit mine in the Philippines was en route to Japan.
B2Gold hits gold in new zone at developing Otjikoto mine
VANCOUVER – With its list of gold mines having just climbed from two to three following the takeover of CGA Mining and with a fourth mine under construction, B2Gold (BTO-T) expects to be churning out more than half a million ounces of…
Capstone reports mixed results
Capstone Mining’s (CS-T) first quarter operating results were a bit of a mixed bag.
Silver Wheaton suffers collateral damage from Pascua-Lama delay
It wasn’t just Barrick Gold (ABX-T, ABX-N) and its shareholders that took it on the chin yesterday after news that construction on the Chilean side of the Pascua-Lama project had been suspended in response to environmental and regulatory…
Sandspring strengthens economics of Toroparu mine
VANCOUVER — Sandspring Resources’ (SSP-V) Toroparu gold project in Guyana is sporting strengthened economics after a prefeasibility study lowered anticipated capital costs and increased gold recoveries, compared to the previous plan.
More trouble at Pascua Lama
Investors showed fatigue with complications at Barrick Gold’s (ABX-T, ABX-N) Pascua Lama project.
Transition Metals to acquire HTX Minerals
Geologist Scott McLean and geophysicist Keven Stevens set up privately held HTX Minerals in late 2007 and started raising capital for the start-up exploration company in January 2008.
Hanlong reneges on Sundance deal
VANCOUVER –Mining companies and resource investors are going to have a tough time believing Hanlong Group if it tables another takeover offer. Twice the huge Chinese energy and resource company has offered to take over junior miners but…
Troy sets eyes on Guyana with US$200M Azimuth bid
VANCOUVER — Australian-based gold producer Troy Resources (TRY-T, TRY-A) could send its mine-building team into the jungles of Guyana, if it’s successful with a US$200-million bid for explorer Azimuth Resources (AZH-T, AZH-A) and…
Amara delivers on a golden promise
During an interview in Toronto with The Northern Miner last year, Amara Mining (AMZ-T, AMA-L) chief executive Peter Spivey said the London-based company would release an updated resource estimate in the first quarter of 2013 defining a large,…