Record gold production at low cash costs averaging US$186 per oz. contributed to record net profit after tax of US$58.1 million in the six months ended Dec. 31 2010, Medusa Mining (MLL-T, MML-L, MML-A) reports.
Vancouver – Goldquest Mining (GQC-V) has undergone significant management changes as it prepares to advance its prospects in both the Dominican Republic and Spain.
Vancouver – With 56 properties scattered throughout the Yukon to explore, Ryan Gold’s (RYG-V) new president, Shawn Ryan, has his work cut out for him. Mr. Ryan sold six gold properties to the company in September, 2010, and on Feb. 16, the…
When Pele Mountain (GEM-V) completed a scoping study in 2007 on its Eco Ridge mine project in Elliot Lake, the company didn’t even bother to include the deposit’s rare earth elements as a by-product of the project’s planned uranium production.
With so many gold juniors vying for investor’s attention, it can be an ever more daunting task separating out the projects that will outshine the rest. Since assessing exploration projects has always been a relative game, projects that meet…
Cape Town, South Africa – A record number of delegates descended on Cape Town in early February to hear about new African investment opportunities as countries continue to stablize and open up, though risks remain.
Canaco Resources (CAN-V) continues its surge up the market on the back of stellar drill results and the successful defense of its turf in Tanzania. The latest round of assays helped push the company’s share price up 3% or 16¢ to $6.10 on…
After twenty-five years at the helm of Silver Standard Resources (SSO-T, SSRI-Q), Robert Quartermain is back in action with a start-up company called Pretivm Resources (PVG-T) that listed in December at $6.00 per share and is trading today at…
A 50% increase in indicated resources at the Bakyrchik deposit “bodes well” for the definitive feasibility study that is due out in the second quarter of 2011, Altynalmas Gold and Ivanhoe Mines (IVN-T, IVN-N, IVN-Q) say.
Since joining the ranks of gold producers in 1991, Richmont Mines (RIC-T, RIC-X) has produced more than 1.2 million ounces of gold from its operations in Quebec, Ontario and Newfoundland and by the middle of this year expects to add production…
TSX Short Positions Short positions outstanding at Feb….
By looking only at the TSX Composite Index, the recession would appear to be miles away. The Index was up 2% or 288 points for the Feb. 14-18 and actually got within 6% shy of the 15,000 level that it peaked at before the recession hit.
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