Despite a $127 million write-down of the El Chanate mine in Sonora, Mexico, Canaccord Genuity analyst Rahul Paul says he isn’t changing his investment thesis on AuRico Gold (AUQ-T, AUQ-N) and is maintaining his US$11 price target on the stock….
VANCOUVER — It has been a wild ride for Vancouver-based explorer Newstrike Capital (NES-V) at its flagship Ana Paula gold-silver project along the emerging gold belt in Guerrero State, Mexico. After acquiring the project roughly three…
VANCOUVER – In the midst of uncertain markets, Atico Mining (ATY-V) is bucking the trend with exciting drill results that keep adding to the junior’s share price momentum.
VANCOUVER — Nothing draws Canadian explorers quite like an emerging mineral discovery that looks to have district-scale potential, and that is proving to be the case with Fission Energy (FIS-V) and Alpha Minerals (AMW-V) Patterson Lake…
Banro (BAA-T, BAA-X) intends to secure a larger financing package of up to US$100 million to get its delayed Namoya gold project in the Maniema province of the Democratic Republic of the Congo (DRC) into production by year end.
Midway Gold (MDW-T, MDW-X) is closer now to production than it was at the week’s outset.
While there may be a glut of copper coming out of the world’s mines over the next four years, it won’t be too long before a supply gap opens up and then starts to widen.
In an interview in Toronto with The Northern Miner last year, Amara Mining (AMZ-T, AMA-L) chief executive Peter Spivey predicted the company would release an updated resource estimate defining a large mineralized sulphide deposit underlying…
U.S. markets were recovering at press time after a sluggish period. Troubled Cyprus alarmed investors, with the week ending on fears that contagion would ensue if the country wasn’t bailed out by the European Union.
VANCOUVER — With the US$5.1-billion hostile takeover of Toronto-based Inmet Mining (IMN-T) by larger-cap peer First Quantum Minerals (FM-T) looking all but wrapped up, it’s an opportune time to take a look at the shifting…
After the forum on mining royalties organized by the Quebec government and held in Montreal on March 15, apprehension clearly remains the order of the day.
Toronto’s resource-heavy index retreated during the week, with concerns running rampant over Cyprus’ financial state. The S&P/TSX Composite Index fell 0.6%, or 73 points, to 12,757.35, as the Cypriot government struggled to…
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