Canada

The pit at Wesdome Gold Mines' Mishi gold mine in Wawa, Ontario, part of its Eagle River gold-mining complex. Photo by Alisha Hiyate.

Wesdome discovers new gold structures at Eagle River

VANCOUVER — Toronto-based producer Wesdome Gold Mines (TSX: WDO; US-OTC: WDOFF) enjoyed a warm reception from markets following news of underground drilling success at its wholly owned Eagle River mine, located 50 km west of Wawa, Ont….


Trucks enter Brigus Gold's Black Fox mine in Ontario. Source: Brigus Gold

Brigus improves at Black Fox, boosts guidance

VANCOUVER — Halifax-based producer Brigus Gold (TSX: BRD;  NYSE-MKT: BRD) is adjusting to challenging market conditions at its Black Fox gold mine in the town of Matheson, Ont. Despite volatile gold prices — which hit a…


Drill core at Colorado Resources' North ROK copper gold project. Source: Colorado Resources

Colorado shares slide despite stepout hits

VANCOUVER — Since hitting 333 metres of copper-gold porphyry in its first hole at the North ROK property in B.C. just four months ago, Colorado Resources (TSXV: CXO) has completed 6,000 metres of drilling and hit mineralization in 10 of…


Alpha Minerals' father-son duo Garrett Ainsworth, vice president of exploration  (left), and Ben Ainsworth, president, CEO and director (right) pose for a picture at the Patterson Lake South project in Saskatchewan. Source: Alpha Minerals

Fission, Alpha hammer out $185M deal

VANCOUVER — After a bit of back and forth, fifty-fifty joint-venture partners Fission Uranium (TSXV: FCU; US-OTC: FCUUF) and Alpha Minerals (TSXV: AMW; US-OTC: ESOFF) have nailed down an agreement that will see Fission acquire full…


Illustration by JK.

Editorial: Unifor – what is it good for?

Nicely timed for the lead up to the Labour Day holiday, the Canadian labour movement celebrated the creation of Unifor on Aug. 31 at its founding convention at the Metro Toronto Convention Centre, attended by 4,000 people.


TSX Venture Exchange, Aug. 19-23

The S&P/TSX Venture Composite Index overcame a slow start to register its second consecutive weekly gain during the trading period, finishing up 6.33 points en route to a 946.56-point close. Stronger commodity prices continue to drive…


From left: Imperial Metals' VP of corporate affairs Steve Robertson, VP of corporate development Gordon Keevil and construction manager Bryan Alexander near the tailings facility under construction at the Red Chris copper-gold project in northwestern B.C. Photo: Gwen Preston

The majestic rise of Imperial’s Red Chris

DEASE LAKE, B.C. — Buying used equipment. Building the small mine envisioned by previous project owners because it was already permitted. Funding the $500-million capital cost from cash flow, supplemented by a loan from a single…


AuRico’s Q2 hits the mark

AuRico Gold (TSX: AUQ; NYSE: AUQ) has met second-quarter earnings expectations after adjusting for US$105 million in non-cash charges, mostly related to its El Chanate gold mine in Mexico.


Iamgold's Rosebel gold mine in Suriname (2009). Photo by Alisha Hiyate.

Iamgold marches forward as cost cuts continue

Despite posting a second-quarter loss of US$28.4 million compared to a US$52.9-million profit a year ago, Iamgold (TSX: IMG; NYSE: IAG) says its operations are performing as expected, as it reins in spending amid declining quarterly revenues,…




Sabina drills more shallow mineralization at Back River

Sabina Gold & Silver (TSX: SBB) has completed its drill program for the year on the George property at its flagship Back River project in Nunavut, and intercepts from the shallow portion of the property’s Lone Cow Pond South zone…


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