Gammon gets break on debt
Gammon Gold’s (GAM-T, GRS-N) lenders have again agreed to amend the terms of a credit facility.Gammon says t…
News
Long Canyon shines for Fronteer Development
Since April Fronteer Development Group (FRG-T, FRG-X) has drilled about 5,900 metres and 56 holes at its 51%-owned …
CanTung mine to be put on care and maintenance
Declining tungsten prices and rising inventory are forcing North American Tungsten (NTC-V) to put its 100%-owned Ca…
Inca Pacific wins environmental permit for Magistral
Fifteen months after submitting its environmental and social impact assessment to the government of Peru, Inca Paci…
First gold pour for Centamin Egypt
Centamin Egypt (CEE-T, CNT-A, CEY-L) has poured its first gold from the Sukari Hill gold mine in Egypt’s eastern de…
Uranium symposium covers state of the art (Part 4)
Another paper presented at the U2009 uranium symposium in Keystone, Colo., was by Andres Meglioli of Environmental …
Great Basin Advances Hollister And Burnstone
VANCOUVER– Trial mining and underground drilling at Great Basin Gold’s (GBG-T, GBG-X) Hollister project in Nevada have increased the gold resource there while the company works to finalize a US$129-m…
Emba Derho Scoping Study Lifts Sunridge
VANCOUVER — As Sunridge Gold (SGC-V, SGCNF-O) announces a positive scoping study for its Emba Derho copper-zinc project near Asmara, the capital of Eritrea, the company’s executive vice-president Don…
Silver Standard Ramping Up Pirquitas
VANCOUVER — Stalwart junior explorer Silver Standard Resources (SSO-T, SSRI-Q), a force in mineral exploration for over two decades, is set to become a significant silver producer as it ramps up prod…
Inmet Ups Las Cruces Financing To $348M
Inmet Mining (IMN-T, IEMMF-O) plans to increase a US$300-million bought-deal financing to $348 million so it can pay off all debts related to building its Las Cruces open-pit copper mine in Spain.
Xstrata Triggers Consolidation Talk With Anglo American Offer
Consolidation is the key word again in the base metals sector after Xstrata (XSRAF-O, XTA-L) tabled an informal offer for London-based Anglo American (AAL-L, AAUK-Q) on June 21.
Semafo Raising $40.5M
West-Africa focused Semafo (SMF-T, SEMFF-O) plans to raise $40.5 million through a bought-deal financing, the company reports.