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).
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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…
New Brunswick’s the top spot for mining: Fraser Institute
New Brunswick is viewed as the world’s most attractive jurisdiction for mineral exploration and development, unseating last year’s winner, Alberta, which fell to third place behind Finland, the Fraser Institute has found in its…
SilverCrest boosts Santa Elena production and La Joya resource estimate
SilverCrest Mines (SVL-V) is on a roll as rising production at its Santa Elena silver-gold mine in Sonora State, Mexico, and a 424% increase in silver-equivalent inferred resources has seen shares jump 33% to a $2.55 high over the past six…
Doubled Hassai resource creates buzz for La Mancha
Exposed sulphide mineralization appears at the bottom of 12 out of 16 oxide pits that make up La Mancha Resources’ (LMA-T) Hassai gold-copper mining complex in the remote desert of northern Sudan. And a new resource estimate based on…
El Nino Ventures posts new resource in New Brunswick
An initial resource estimate for the Murray Brook polymetallic massive sulphide deposit in New Brunswick’s Bathurst mining camp has confirmed the property’s historical resource — but with better grades — and confirms…