News

Exco Resources fights hostile takeover

Just two weeks after the board of Australian junior Exco Resources (ESX-A) rejected a hostile, all-cash takeover offer from one of its institutional shareholders, the explorer released an updated resource estimate for its Turpentine copper-gold…


Novo Resources president and CEO Quinton Hennigh.

Hennigh’s grand gold vision in Western Australia

When it comes to early stage exploration, it is not unusual to hear about big ideas and regional plays. But when Quinton Hennigh focused on a theory for the better part of a decade with prolific Australian prospector Mark Creasy, the wheels got…



Drillers at work at Vista Gold's Mount Todd gold project in Australia's Northern Territory. Photo by Vista Gold

Vista keeps growing Mt. Todd

Vista Gold (VGZ-T, VGZ-X) has bulked up its resource estimate for the Batman deposit at its Mount Todd gold project in Australia’s Northern Territory.


Lynas takes step closer to REE production

Lynas Corporation (LYC-A) has been developing its large rare earth project in Western Australia for more than 10 years, and a decision earlier this month by Malaysia’s Atomic Energy Licensing Board (AELB) has brought the project a step…


Coarse ore travels on a conveyor at Ivanhoe Australia's Osborne copper-gold mine in Queensland, Australia. Photo by Ivanhoe Australia

Ivanhoe Australia upgrades resource at Osborne

In late February, Ivanhoe Australia (IVA-T, IVA-A) started production ahead of schedule and on budget at its Osborne copper-gold project in northwestern Queensland. The initial shipment of copper-gold concentrate to Asian smelters left port in…


Copper Mountain Mining's namesake copper mine, 20 km south of Princeton, British Columbia. Photo by The Northern Miner

Copper Mountain a target, CIBC says

Copper Mountain Mining (CUM-T) and its copper mine in B.C. could become a takeover target, Matthew Gibson of CIBC argues in a new research report.


Mill components arriving at Colossus Minerals' Serra Pelada gold project in Brazil's Para state. Photo by Colossus Minerals

Serra Pelada fully funded to production in 2013

Canaccord Genuity analyst Nicholas Campbell has raised his 12-month target price on Colossus Minerals (CSI-T, COLUF-O) by $1 to $10 per share after the junior exploration and development company signed an agreement with Sandstorm Gold (SSL-V,…


Brigus piles on the ounces in Grey Fox update

Brigus Gold (BRD-T, BRD-X) has updated its resource estimate for the Grey Fox gold property, and the results show the company is particularly adept at pushing inferred resources up into a ballooning “indicated” category. 


Equipment at Canadian Zinc's Prairie Creek zinc-lead-silver project in the Northwest Territories. Photo by Anthony Vaccaro

Unfinished business at Prairie Creek, part II

When and if the final water licence and road permits are issued, Canadian Zinc (CZN-T) will at last be in a position to get its Prairie Creek zinc-lead-silver project here in the southwest corner of the Northwest Territories into…


Here comes Oceanic Iron Ore

When Steven Dean stepped down in late 2002 as president of Teck Cominco, now Teck Resources (TCK.B-T, TCK-N), his motivation was pretty simple: he just wanted to spend more time with his family after spending years on the road, a fact…


Sulliden outlines a smaller project in Peru

While a feasibility study for Sulliden Gold’s (SUE-T) Shahuindo project in northern Peru envisions a somewhat smaller and slightly more expensive gold operation than previously thought, the project’s economics are still…


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