Northern Gold takes it small to go big
TIMMINS, ONT. — Greg Gibson is all about the big score, even if he has to take small steps to get there.
Canada
Northern Freegold advances flagship project with initial economic assessment
VANCOUVER – Less than four years after establishing an initial resource at its Freegold Mountain project in the Yukon, Northern Freegold Resources (NFR-V) has a positive preliminary economic analysis (PEA) for the project.
Victoria moves closer to Eagle Gold construction
Victoria Gold’s (VIT-V) goal of turning its Eagle Gold project into the Yukon’s next gold mine moved closer to realization.
Beefing up Canada’s anti-corruption legislation
On Feb. 5, 2013, broad amendments to the Corruption of Foreign Public Officials Act (CFPOA) were tabled in the Canadian Senate through Bill S-14, which will effectively bring Canada’s anti-corruption regime more closely in-line with the…
Sona gets Chinese help for Blackdome-Elizabeth in BC
Executive chairman Nick Ferris of Sona Resources (SYS-V) had been trying to source financing for some time to advance the junior’s Blackdome-Elizabeth gold project in the Clinton and Lillooet mining districts of B.C., 220 km north of…
Dividend cut and losses hurt Cliffs
Investors beat up Cliffs Natural Resources (CLF-N) after it cut its dividend and reported a quarterly loss.
San Gold sinks on higher costs, lower guidance
San Gold (SGR-T) shares tumbled 42% over three trading days after the gold miner missed market expectations with its 2012 production results, three-year guidance and updated reserve-and-resource estimate, all published on Feb. 8.
TSX Venture heads downward alongside gold, Feb. 11-15
VANCOUVER — The S&P TSX Venture Composite Index lost 1.7% or 20.16 points during the Feb. 11-15 trading sessions en route to a 1,185.65 point weekly close. Canadian stocks were weighed down by falling commodity prices, and further…
Commentary: Capital cost overruns, part III: Where are the owners in all this?
Mining has always been a very risky but high reward industry. But times have certainly changed to today, when shareholders tend to ignore the high risks and expect grandiose success regardless. But, despite the risk that won’t go away,…
Dividend cut and losses hurt Cliffs
Investors were beating up Cliffs Natural Resources (CLF-N) after it cut its dividend and reported a quarterly loss.
Commentary: Beefing up Canada’s anti-corruption legislation
On Feb. 5, 2013, broad amendments to the Corruption of Foreign Public Officials Act (CFPOA) were tabled in the Canadian Senate through Bill S-14, which will effectively bring Canada’s anti-corruption regime more closely in line with the…
Sona signs MOU with Chinese contractor
Executive chairman Nick Ferris of Sona Resources (SYS-V) had been trying to source financing for some time to advance the junior’s Blackdome-Elizabeth gold project in the Clinton and Lillooet mining districts of British Columbia, about…