News


US Gold's El Gallo gold project in Sinaloa state, Mexico. Photo by US Gold

Merger of US Gold, Minera Andes goes ahead

When Rob McEwen first proposed the combination of US Gold (UXG-T, UXG-N) and Minera Andes (MAI-T, MNEAF-O) in June 2011, the chairman, chief executive and largest shareholder of both companies thought the deal easily could be completed by early…








A bucket-wheel extractor at BHP Billiton's Spence copper mine in Chile. Photo by BHP Billiton

BHP boosts copper resources at Spence

Resources at BHP Billiton’s (BHP-N) Spence copper mine in northern Chile has grown by nearly 700%, following a four-year, US$30-million brownfield exploration program.



The exploration camp at Pretium Resources' Brucejack gold-silver project in northwestern British Columbia. Photo by Pretium Resources

Credit crunch no problem for Quartermain’s Pretium

Robert Quartermain’s Pretium Resources (PVG-T, PVG-N) has started the new year with a bang, announcing plans on Jan. 19 to raise $18.5-million in flow-through funds at $18.50 a share. The bought-deal financing led by Salman Partners represents…


Facilities at Iamgold's Niobec niobium mine in 25 km northwest of Saguenay, Quebec. Photo by Iamgold

Iamgold sees capex rising

Iamgold (IMG-T, IAG-N) has reported production of 253,000 attributable gold oz. in the fourth quarter of 2011, the company’s best quarter of the year. Full-year production, including the company’s production from discontinued businesses, was…


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