With the price of gold in New York’s spot market reaching yet another all-time high close at US$1,456.80 an ounce on April 5, the world’s second largest gold producer by market value, Vancouver-based Goldcorp (G-T, GG-N), has announced a major…
Lago Dourado Minerals (LDM-V) is showing its confidence in Brazil’s gold mining potential by expanding its drill program before initial results have even been released. The company says its phase one drill campaign will be boosted to 18,000…
Sandspring Resources (SSP-V) envisions annual production from its Toroparu project in Guyana of 310,000 oz. gold and 29 million lbs. copper in the first four years of operations, provided it can first raise the US$617 million needed for mine…
Until late 2009, Argentex Mining (ATX-V, AGXM-O) focused on drilling the polymetallic sulphide mineralization at its Pinguino project in Argentina. But then the company decided to shift gears and focus instead on the property’s near-surface…
Seven years in the malaria-infested rainforests of Papua New Guinea and six years in the frigid Tundra led Buddy Doyle and his exploration teams at Rio Tinto (RTP-N, RIO-L) to the two biggest discoveries of his career: the 30 million ounce…
Some big resource investment houses have signaled their faith in Reunion Gold’s (RGD-V) Matthews Ridge manganese project in Guyana, and market participants took their cue. A syndicate of underwriters led by BMO Capital Markets and Dundee…
Vancouver – Australia-based Mirabela Nickel (MNB-T, MBN-A) is planning to raise US$375 million in senior notes to pay debt, end hedges and continue with ramp up of its sizable Santa Rita nickel mine in eastern Brazil.
Exploration drilling in and around the San Jose underground mine last year uncovered 7.5 km of new high-grade silver-gold veins, a 44% year-on-year increase in the cumulative strike length of all the known veins at the mine, Minera Andes…
Chilean authorities have approved El Morro’s environmental impact assessment, joint-venture partners Goldcorp (G-T, GG-N) and New Gold (NGD-T, NGD-X), report.
Using the contacts of director Alberto Arias, a former Goldman Sachs (GS-N) analyst turned resource investor with a well-connected mining family in Peru, Dia Bras Exploration (DIB-V) has penned a US$310.2-million deal to acquire Sociedad Minera…
France is hardly considered a hotbed of mining potential, but Columbus Gold (CGT-V) sees the part of the country tucked away in the South American jungle as just that.
Recently-listed First Mexican Gold (FMG-V) has released good gold-silver assay results from shallow scout drilling at its Guadalupe project in Mexico’s Sonora state.
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