VANCOUVER — Producer Centerra Gold (TSX: CG; US-OTC: CAGDF) has been making headlines due to its negotiation with the Kyrgyzstan government over the ownership structure at its flagship Kumtor gold mine, 350 km southeast of the capital…
The first results are in from a 5,000-metre drill program launched in February at Roxgold’s (TSXV: ROG; US-OTC: ROGFF) Bagassi South target in Burkina Faso, and president and CEO John Dorward says he’s pleased with both the grades…
Over the past year in the mining industry, we have seen many impairments and writedowns, project cancellations, project postponements, capital spending cuts, profit downgrades and reported net-income losses. Not surprisingly, this has affected…
Mine operators are facing increasing challenges to obtain financing in today’s economic environment. Traditional sources of financing, such as the debt and equity markets, are becoming scarcer and many mining companies, particularly…
It took Trevali Mining (TSX: TV; US-OTC: TREVF) just six months to move its Santander zinc–lead–silver mine in Peru from commissioning to commercial production, and now the Vancouver-based company says it’s ready to develop…
VANCOUVER — There is a lack of early stage copper deposits in B.C. boasting economic grades under prevailing metal prices, and the team at Prosper Gold (TSXV: PGX) is hoping its Sheslay property — located 105 km southwest of…
Crocodile Gold (TSX: CRK; US-OTC: CROCF), which operates three gold mines in Australia, has announced an $18-million private placement with Sprott Asset Management, Eric Sprott and Luxor Capital Group to finance its growth projects.
VANCOUVER — Two companies with neighbouring uranium properties released stellar drill results on the same day, stoking further excitement that the long-overlooked southwest edge of the Athabasca basin hosts significant uranium at shallow…
VANCOUVER — For founder Michael Scherb and his team at London-based Appian Capital, lagging capital markets and falling project valuations in the mining sector present a unique opportunity.
Yamana Gold (TSX: YRI; NYSE: AUY) saw its fourth-quarter earnings diminish after several of its exploration projects and operations took impairment charges partly due to the decline in metal prices.
Rudi Fronk and Jim Anthony were called “garbage collectors” when they started buying up uneconomic projects from the majors 15 years ago at US$260 per oz. gold. But their faith in higher gold prices kept them going and one of the…
CHIHUAHUA STATE, MEXICO — The green foothills an hour west of the city of Chihuahua are peaceful now. There is nothing in the gaze of a lingering llama that would tip a visitor off to the blood spilled here roughly a hundred years ago.
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