With exploration programs ongoing at three properties near New Gold’s (NGD-T) multimillion-ounce Blackwater gold project in north-central British Columbia and at 17 properties near Kinross Gold’s (K-T, KGC-N) White Gold deposit in the Yukon,…
Flush with US$667 million in cash from the sale of its 18.9% stake in the Tarkwa and Damang projects in Ghana to Gold Fields (GFI-N), Iamgold (IMG-T, IAG-N) could be on the lookout for other acquisitions in West Africa, Canaccord Wealth…
Vancouver – The S&P TSX Venture Exchange Index managed a slight gain in the June 20 to 24 period, climbing 7.39 points to 1,905.33 after two days of gains outweighed three days of losses. Volume was in line with recent weeks at a somewhat…
In the article “China Coal aims to become a mid-tier producer,” (T.N.M., May 30 – June 5/11), statements were made in respect of China Coal and its intended acquisition of the operating interest in the Mei Feng coal mine.
The Dow Jones Industrial Average and the S&P 500 Index fell for their seventh week in the last eight as mounting anxiety about Euro-zone debt continued to eat away at investor confidence. The Dow Jones Industrial Average fell 69.78 points…
A positive turn in Europe’s debt crisis helped to bolster global markets for the June 20-24 period and the TSX Composite Index was no exception. The Index climbed 120 points to finish at 12,908.89 points. But the new wasn’t all good as falling…
A softening platinum market is taking a bite out of miners as companies face shrinking margins and production challenges, especially in South Africa’s prolific Bushveld complex, which accounts for 72% of global platinum output.The…
Working away in the relatively remote San Luis craton of northeast Brazil, Luna Gold (LGC-V) has commissioned one gold mine, advances a second project to the scoping stage and holds an extensive greenfield land package in the area.
Rio Novo Gold (RN-T) hopes to become a gold producer by bringing its two advanced-stage Brazilian properties into production: The Almas gold project in the southeastern part of Tocantins State, and the Guaranta gold project in the northern part…
The preliminary draft Environment Impact Statement on Augusta Resource’s (AZC-T, AZC-X) Rosemont Copper project near Tucson, Ariz., has been delivered by the Coronado National Forest to Arizona State and local cooperating agencies, bringing it…
Major Canadian gold miner Agnico-Eagle Mines (AEM-T, AEM-N) has acquired 6 million shares and 4 million warrants of Colibri Resources (CBI-V), a junior explorer based in Nanaimo, B.C., looking for gold and polymetallic mineralization in…
Fortuna Silver Mines (FVI-T) started building its San Jose underground silver-gold mine 47 km south of the city of Oaxaca in southern Mexico in the second quarter of 2010. Now, the company says it can increase the start-up production rate from…
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