Gold

Lundin's Fortress to buy Fruta del Norte 

Source: Print Archives | 2014-10-29
Kinross Gold (TSX: K; NYSE: KGC) acquired the Fruta del Norte gold project in Ecuador through its US$1.2-billion acquisition of Aurelian Resources in 2008, but heated local opposition forced the gold producer to abandon the project in 2013...

TSX advances, Oct. 20-24  

Source: Print Archives | 2014-10-29
The S&P/TSX Composite Index ended the trading week in positive territory, jumping 316 points to 14,543.82, but the gold and diversified miners didn’t follow the upward trend. The S&P/TSX Global Gold Index dipped 3 points to...

OMA study: New mines a boost to Ontario economy 

Source: Print Archives | 2014-10-29
A new study by the University of Toronto’s Rotman School of Management commissioned by the Ontario Mining Association measures the impact on gross domestic product, employment and government revenue from open pit and underground mining...

NGEx's Los Helados PEA comes with hefty capex 

Source: Print Archives | 2014-10-29
VANCOUVER — There’s a lot of low-grade copper at NGEx Resources’ (TSX: NGQ; US-OTC: NGQRF) Los Helados project, situated 77 km northwest of Copiapo, Chile. But a newly released preliminary economic assessment (PEA) calls into...

Source chases district-scale skarn at Las Minas 

Source: Print Archives | 2014-10-29
VANCOUVER — Roughly 270 km east of Mexico City in the state of Veracruz, junior Source Exploration (TSXV: SOP) is thinking big. Earlier this year the company expanded a discovery at its property package in the historic Las Minas...

True Gold quickly develops North Kao at Karma 

Source: Print Archives | 2014-10-29
True Gold Mining (TSXV: TGM; US-OTC: RVREF) is on track to pour the first gold at its Karma project in Burkina Faso in late 2015, with the mine plan envisioning five open pits that will be developed in sequence to feed a heap-leach operation...

Alamos Gold hit by heavy rains during Q3 

Source: Print Archives | 2014-10-29
VANCOUVER — It’s the rainy season in Mexico, and that’s not great news for producer Alamos Gold (TSX: AGI; NYSE: AGI) at its wholly owned Mulatos heap-leach mine, 220 km east of Hermosillo in Sonora state. On Oct. 23 the...

Rick Rule sees 'lustrous return' ahead 

Source: Print Archives | 2014-10-29
The Northern Miner recently interviewed Sprott US Holdings chairman Rick Rule on commodity trends, his investment strategy and the junior exploration market. Listen to the podcast at www.northernminer.com, or read the edited transcript below:

Lion One moves permitting forward in Fiji 

Source: Print Archives | 2014-10-29
Fiji’s Department of Environment has approved two key permits for Lion One Metals’ (TSXV: LIO) high-grade Tuvatu gold project, 50 km south of Vatukoula, the country’s oldest operating mine.

San Gold drilling points to 'Rice Lake repeat'  

Source: Print Archives | 2014-10-29
VANCOUVER — It’s been a rocky time for producer San Gold (TSX: SGR; US-OTC: SGRCF) as it strives to optimize operations at its Rice Lake gold complex near Bissett, Man., but recent drilling appears to offer upside. The company is...

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