Canaco Resources (CAN-V) may be best known for its Magambazi gold discovery in Tanzania’s Handeni district, where last December drill results yielded intercepts of 53.2 metres of 9.51 grams gold per tonne and 17.4 metres of 6.1 grams gold, but…
Shares of Condor Resources (CN-L) leapt 30% to close at £6.50 apiece with 8.7 million shares changing hands on news the London-headquartered company was starting to drill its La India concession in Nicaragua.
A hostile takeover bid turned friendlier on Feb. 13 when Ventana Gold (VEN-T) verbally agreed to a new takeover price of $13.06 in cash per share from EBX Group, up 43¢ from the latter’s initial offer of $12.63 per share last…
The Sleeper gold mine in Nevada operated as a high-grade open pit from 1986 to 1996, and according to operations reports by its then-owner, Amax Gold, about 54 million tonnes of waste were cast off in dumps over the mine life.
For investors hungry for a new way to play rising food prices through potash juniors, a new avenue with experienced management should soon be arriving in Toronto.
Alamos Gold (AGI-T) expects to release a resource estimate in March and a prefeasibility study at the end of the second quarter for its projects in Turkey, Agi Dagi and Kirazli.
When Goldcorp (G-T, GG-N) acquired Éléonore in March 2006 from what is now Virginia Mines (VGQ-T) in a US$425-million deal, the project had no reserve or resource estimate, just a lot of speculation on how big it was going to get…
Capital costs to resume production at Fire River Gold’s (FAU-V, FVGCF-O) flagship Nixon Fork underground gold mine in Alaska are estimated at US$6.3 million with a projected payback of three months according to a preliminary economic assessment.
Vancouver – After a false start in 2008, Baja Mining (BAJ-T) now has funding fully secured and is moving ahead with construction of its 70%-owned Boleo copper-cobalt-zinc project in Mexico’s Baja State.
Batero Gold (BAT-V) released the best drill results yet from its Batero-Quinchia project in Colombia and the news took the company’s shares for a wild ride. In Toronto on Feb. 17, Batero shares shot-up 35% or $1.02 to finish the day trading for…
In a bid to extend the lifespan of its Youga gold mine in Burkina Faso, which produced 82,400 oz. gold in 2010, West Africa-focused gold producer Endeavour Mining (EDV-T) is adding resources at three deposits within 3 km of the Youga plant.
Taseko Mines (TKO-T, TGB-X) wants to take advantage of robust copper prices and expand capacity at its 75%-owned Gibraltar mine in the Cariboo region of British Columbia and Williams Lake.
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