Coastal Gold keeps the drills turning at Hope Brook
Coastal Gold (TSXV: COD) is steaming ahead with a resource definition program at its 100% owned Hope Brook gold project in southwestern Newfoundland.
Canada
Commentary: Guatemalans’ lawsuit against Hudbay in Canada
On July 22, 2013, the Ontario Superior Court of Justice ruled in Choc v. Hudbay Minerals Inc. that three separate lawsuits brought by indigenous Guatemalans against Canadian mining company Hudbay Minerals and other defendants, can go forward in…
More high grade for Probe
The more Probe Mines (TSXV: PRB; US-OTC: PROBF) drills out its Borden Gold project near Chapleau, Ont., the more it looks like it may have Ontario’s next big gold deposit on its hands.
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….
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…
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…
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…
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…
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 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,…