The case for phosphate, Quebec and Arianne
When Michael Goldberg of Stonecap Securities looks at Arianne Resources (DAN-V) and its phosphate project in northern Quebec, he sees one thing: a takeover target.
News
McEwen plots out El Gallo’s next growth stage
A feasibility study for phase two of McEwen Mining’s (MUX-T, MUX-N) expanding El Gallo mine supports production of an additional 5 million oz. silver a year for seven years from the company’s mining complex in Sinaloa, Mexico….
Brigus expands underground ops at Black Fox
After turning the corner at its Black Fox gold mine east of Timmins, Ont., earlier this year, Halifax-based Brigus Gold (BRD-T, BRD-X) has followed up with a solid operational second quarter that saw costs decline and gold production rise.
Osisko fine-tunes Canadian Malartic
Osisko Mining (OSK-T) continues to improve the performance of its Canadian Malartic gold mine in Malartic, Que., achieving record production levels once again in August.
Temex moves up on Whitney resource news
Temex Resources’ shares (TME-V) got a healthy boost after the junior publishing its first resource estimate for the Upper Hallnor portion of its Whitney gold project in Timmins, Ont. Its shares moved up 12% to close Sept. 7 at 24¢ apiece,…
Northern Gold takes more land around Garrison
Northern Gold Mining (NGM-V) is adding to its hefty land position in northeastern Ontario.
Unfinished business at Prairie Creek
The paint dried over 30 years ago, but a “wet paint” sign still hangs on the metal railing that was erected to stop the uninitiated from falling into the crushing circuit below.
Victoria rules at Dublin Gulch in Yukon
It has been a three-year slog for Toronto-based Victoria Gold (VIT-V) at its wholly owned Dublin Gulch property 85 km from Mayo, Yukon, but the company is nearing the finish line to put its Eagle gold deposit into production by 2015.
Drilling at Martiniere boosts Balmoral
Shares of Balmoral Resources(BAR-V, BALMF-O) surged nearly 40% in the three trading days after the junior explorer reported results on Aug. 16 from its summer drill program at its flagship Martiniere property in Quebec’s Abitibi region,…
Lake Shore closes $90M financing
Lake Shore Gold (LSG-T, LSG-X) has completed a $90-million public offering to strengthen its balance sheet, which was previously in “bad shape,” Haywood Securities analyst Kerry Smith says.
Metals, mning, stocks and money markets
Spot pricesCourtesy of ScotiabankTuesday, September 18, 2012Precious MetalsPrice…
Detour Lake on track for production in early 2013
When Detour Gold’s (DGC-T) gold project in northern Ontario moves into production in the first quarter of next year — and eventually reaches an average production rate of 657,000 oz. gold a year, for a total of 14.1 million oz. over…