Avalon raising $12.5 million for rare earths project
Avalon Rare Metals (AVL-T) is raising $12.5 million in a bought deal financing that will help with a pref…
News
No Moto? No problem. Red Back growing organically.
These are good days for Red Back Mining (RBI-T) in the African country of Mauritania.
Indonesia sends troops to safeguard Freeport operations
The murders in July of an Australian employee, a local security guard and a policeman and a spate of shootings…
Medusa ramps up low-cost Co-O mine in Philippines
While Medusa Mining (MML-A, MML-L) is focused solely on Mindanao in the southern Philippines, its Co-O mine …
Lundin Looks To Get Chariot On The Cheap
Some key members of Lundin Mining’s (LUN-T, LUNCF-O) board are making a bold move on Chariot Resources (CHD-T, CHDSF-O).
Forsys Cancels Merger
Frustrated with continued delays to consummating its merger deal with George Forrest International Afrique (GFI), Oakville, Ont.-based Forsys Metals (FSY-T, FOSYF-O) has cancelled its agreement to be …
Quebec Gov’t Greenlights Osisko’s Canadian Malartic
SITE VISIT MALARTIC, QUE. — Osisko Mining (OSK-T, OSKFF-O) has jumped another big hurdle in the rapid development of its wholly owned, $1-billion Canadian Malartic gold project in Malartic, Que.,…
Constantine Hits Big With Stepouts At Palmer Project
VANCOUVER — Solid drill results kept Constantine Metal Resources (CEM-V, CNSNF-O) afloat on a day when investors decided to pummel the mining sector: drill results from the Palmer project in Alaska k…
Augusta Raises $29M
VANCOUVER — Slowly but surely, Augusta Resources (AZC-T, AZC-X) is pulling together the funds and permits it needs to start building a mine at its Rosemont copper-molybdenum project in Arizona.
Snowfield Produces New Gold Zone For Silver Standard
VANCOUVER — At the Snowfield project, Silver Standard Resources (SSO-T, SSRI-Q) is mobilizing drill rigs around a discovery hole that produced a lengthy intercept of gold mineralization at a target w…
ATW Extends Deflector Deposit
VANCOUVER — Doubt, it turns out, can be a useful thing: historical work showed the Deflector deposit at ATW Gold’s (ATW-V, ATWGF-O) Gullewa gold mine in Western Australia was closed off to the north …
US Budget Deficits Spiral Out Of Control
The 33rd trading week of the year was a good time to sit back and take in the big picture, especially with respect to the U. S. dollar’s slow-motion train wreck and its effect on gold.