In January 2013 Rob McEwen’s McEwen Mining (TSX: MUX; NYSE: MUX) opened its 100%-owned El Gallo 1 open-pit heap-leach mine in Mexico for $13 million. This year the mine is expected to produce 40,000 oz. gold at an average cash cost of…
VANCOUVER — It has been a good year so far for Corvus Gold (TSX: KOR). The company started out 2014 with almost $12 million in the bank, and has since released a raft of good drill results from its flagship North Bullfrog gold project in…
Augusta Resource’s (TSX: AZC; NYSE-MKT: AZC) board calls the unsolicited takeover offer by Hudbay Minerals (TSX: HBM; NYSE: HBM) “grossly opportunistic” and “lowballed,” and urges shareholders to reject the…
Allied Nevada Gold (TSX: ANV; NYSE-MKT: ANV), like many gold producers, has been taking steps to strengthen its balance sheet and recently announced the sale of a non-core asset in Nevada.
If Hudbay Minerals (TSX: HBM; NYSE: HBM) succeeds in its hostile takeover bid for Augusta Resource (TSX: AZC; NYSE-MKT: AZC) and the exploration company’s attractive Rosemont copper porphyry project in Arizona, the base metals producer…
VANCOUVER — Excelsior Mining (TSXV: MIN) took its time with a prefeasibility study (PFS) at its Gunnison copper project in southern Arizona, but when the company finally unveiled its results on Jan. 17, the market took notice. Excelsior…
Shares in Cleveland-based Cliffs Natural Resources (NYSE: CLF) have been trading heavily since activist hedge-fund Casablanca Capital urged the company to spin off its international assets and implement other changes to boost…
It only took a letter from a non-governmental organization (NGO) to cut deep into the equity value of Augusta Resource (TSX: AZC; NYSE-MKT: AZC) late last year, but since then the company has been building back value while securing…
VANCOUVER — With a $275-million deal to buy the Marigold gold mine in Nevada, Silver Standard Resources (TSX: SSO; NASDAQ: SSRI) will be doubling its production profile, boosting its reserves by 50% and lowering its geopolitical risk.
Ur-Energy (TSX: URE; NYSE-MKT: URG) has impressed many analysts with stellar uranium grades from its relatively new Lost Creek in-situ recovery facility in Sweetwater County, Wyo., despite missing initial production targets.
At the end of last year Klondex Mines’ (TSX: KDX; US-OTC: KLNDF) CEO Paul Huet signalled that 2014 was going to be a big year.
Just three months after Highland Copper (TSXV: HI; US-OTC: HDRSF) worked out a deal to buy the White Pine copper project in northern Michigan from a subsidiary of First Quantum Minerals (TSX: FM; US-OTC: FQVLF), the Quebec-based company is back…
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