The hard truth that it’s damn difficult to mine gold consistently at an industrial scale has hit home again these past few weeks, with the release of the latest round of quarterly results from Canada’s gold miners.
St Andrew Goldfields’ (SAS-T) ambitious goal of reaching 100,000 oz. gold production for the year is getting closer to reality.
Driving to complete a feasibility study on its wholly owned Brucejack gold-silver project, 65 km north of Stewart, B.C., Vancouver-based Pretium Resources (PVG-T, PVG-N) has released an updated resource estimate on its Valley of the Kings zone.
It is nearly decision time for British Columbian explorer Spanish Mountain Gold (SPA-V) at its wholly owned, multi-million ounce gold-silver project 60 km northeast of Williams Lake, B.C. On Nov. 15, the company released an updated preliminary…
Iamgold (IMG-T, IAG-N) took a hit after posting a weak third-quarter profit owing to lower gold production and sales.
At the beginning of the year, Toronto-based producer QMX Gold (QMX-T) — then Alexis Minerals — had quite a lot on its plate. The company was trying to stabilize operations at its Lac Herbin gold mine in Val-d’Or, Que., as well…
VANCOUVER — Two Vancouver-based universities have been selected to spearhead the establishment of the upcoming Canadian International Institute for Extractive Industries and Development. The University of British Columbia (UBC) and Simon…
Cliffs Natural Resources (CLF-N) is applying the brakes on its iron ore operations in North America as fundamentals for the metal weakens, citing unstable prices and a drop in North American steelmaking.
Rebel fighters from the M23 group in the Democratic Republic of Congo have pushed past Goma, the capital of North Kivu province, to the town of Sake, 20 km to the west, and claim they plan to march to Kinshasa, the country’s capital.
VANCOUVER — Business partners Ian Slater and Robert Bell have had their sights set on potential mining plays in Kazakhstan since the country declared independence from the Soviet Union in the early 1990s. Roughly twenty years later, it…
Unrest in the Democratic Republic of Congo couldn’t have come at a worse time for Banro Corp. (BAA-T), whose Twangiza gold mine started commercial production there in September.
Kevin Thomson is a senior partner at Davies Ward Phillips & Vineberg and one of Canada’s leading mergers and acquisitions lawyers. He has acted for bidders and target companies in a large number of solicited and unsolicited takeover…
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