News

Barrick Gold's Pascua-Lama and Veladero projects straddle the Argentina-Chile border in Chile's Atacama region.

Barrick updates Chilean, Argentine projects

Barrick Gold (ABX-T, ABX-N) has completed nearly 90% of the detailed engineering and procurement work at its Pascua-Lama gold mine project and says it is on track to start production in the first quarter of 2013.The project, straddling the…


Drillers working at Radius Gold's Holly-Banderas gold-silver project in southeast Guatemala.

Radius targets bonanza silver at Holly-Banderas

Spurred on by recent discoveries in the region, Radius Gold (RDU-V) has dusted off its Holly-Banderas gold-silver project in southeast Guatemala and is embarking on a drilling campaign to further test…


Bear Creek to raise $113M for Santa Ana

On the back of a positive feasibility study for its proposed 63-millionoz. Santa Ana silver mine project in Peru, Bear Creek Mining (BCM-V) is raising $113 million in a bought deal financing.


Peter Holmes, Peregrine's vice-president of exploration, at the Chidliak project.

Peregrine’s exceptional diamond find at Chidliak

One of the new kimberlites Peregrine Diamonds (PGD-T) discovered this summer at the Chidliak project in Canada’s Nunavut territory has coughed up a gem-quality 1.15-carat diamond from initial sampling…



Avala pulls shallow gold in Serbia

Vancouver – Recently restructured Avala Resources (AVZ-T) has released a significant shallow gold hit from its Korkan-Bigar target in eastern Serbia as it works to advance several prospects in the area.




Endeavour arranges $50 million financing and ups bid for Cream

Endeavour Silver (edr-t, exk-a) is topping up its treasury with a bought deal financing worth $50 million. Led by CIBC, a group of underwriters agreed to purchase 8.2 million shares priced at $6.15 apiece, with an overallotment option for up to…



Allied Gold plans growth in Papua New Guinea

Vancouver – Allied Gold (ALG-T, ALD-A) has big plans for its Simberi gold mine in Papua New Guinea: the company has embarked on an expansion of the mine’s oxide processing unit and now a prefeasibility study has shown that the mine could…



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