Pretium sketches larger mine at Brucejack
Pretium Resources’ (PVG-T, PVG-N) updated preliminary economic assessment (PEA) for the Brucejack gold-silver project in northern B.C. foresees an even larger and more robust mine.
News
Guyana Goldfields outlines 22-year operation at Aurora
Guyana Goldfields’ (GUY-T) Aurora project, in Guyana, could produce nearly 200,000 oz. gold per year over 22 years for a total of 4.4 million oz., according to a new feasibility study.
Editorial: All eyes on gold
Volatility returned with a vengeance to the gold markets as February drew to a close. The spot gold price tumbled US$92.10, or 5%, in a matter of hours to US$1,691.80 per oz. at presstime, resulting in the biggest one-day loss since…
Commentary: The United States of Withdrawal
Benjamin Franklin wrote that, in this life, nothing is certain but death and taxes. Well, if you are in the business of developing mineral or energy projects in America, there is one more certainty to add to the list: lawsuits!
Freegold hunts Alaskan gold at Golden Summit
Freegold Ventures (FVL-V) hopes to be the next big thing in Alaskan gold country, with projects in areas that have proven resource-rich for Sumitomo Metal Mining and Kinross Gold (K-T, KGC-N).
27,000-page environmental study leaves Pebble critics unimpressed
Facing legal, political and regulatory challenges before the permitting process has even begun, the Hunter Dickinson Group’s Northern Dynasty Minerals (NDM-T, NAK-N, NAK-X) appears to be swimming against the current at its giant Pebble…
Colombia surging ahead
The past year has been a pivotal one for the Colombian gold sector, as explorers demonstrated much more of the geological promise the country holds.
Here comes the sun for Rainy River
An updated resource estimate based on 394 new core holes from 170,000 metres of drilling in 2011 — bringing the total to 1,279 drill holes, or 578,000 metres — has lifted the spirits and shares of Rainy River Resources (RR-T, RR-V).
Frontier eyes 2015 start-up at Zandkopsdrift REE project
A preliminary economic study (PEA) on Frontier Rare Earths’ (FRO-T) Zandkopsdrift rare earth element deposit in South Africa predicts that it could be a high-margin specialty minerals producer, churning out 20,000 tonnes of separated rare…
Yamana grows yearly profits by 17%
Yamana Gold (YRI-T, AUY-N) has reported a US$89.5-million profit for the fourth quarter of 2011. It’s a 28% decrease from the same period a year ago, following a one-time, US$81-million impairment loss on investments.
Newmont writes off Hope Bay
Newmont Mining (NMC-T, NEM-N)has written down the entire US$1.6-billion net book value of its Hope Bay gold project in remote Nunavut. The decision comes just weeks after the company announced it was placing the project on care and maintenance…
Avino inches closer to production
Avino is an old name in Mexican mining for a couple of reasons. Most prominently, it is the name of a legendary silver and copper vein 1.6 km long and 182 metres wide at the surface. The vein’s scale helped make it the first mine in the…