News

Primero snaps up Cerro del Gallo

VANCOUVER — Toronto-based gold producer Primero Mining (P-T, PPP-N) has waded into the merger-and-acquisition waters with a definitive agreement to acquire Australian explorer Cerro Resources (CJO-V, CJO-A) in an all-stock deal worth…


Borden yields quick return for Probe Mines

It didn’t take Probe Mines (PRB-V) long to prove to the world that its decision to sell a royalty on one past producing mine to invest more into a potential mine was a sound decision.



Centerra commits to Turkey

Centerra Gold (CG-T) is going all-in on a Turkish gold project as the company is acquiring the final 30% interest in the Oksut Gold Project from Stratex International (STI-L) for $20 million in cash and a 1% net smelter return that is…


Dolly Varden hopes to find the next Eskay Creek

The management team at Vancouver-based Dolly Varden Silver (DV-V) had been keeping its eye on an intriguing piece of mining history in northwestern B.C.’s Stewart complex for quite some time. Both chairman John King Burns and…


Visible gold from drill hole 50 from Pilot Gold's TV Tower project in Turkey. The intercept returned 193 grams gold per tonne over 12 metres. Source: Pilot Gold

Pilot, Teck tune in to Turkish TV

Drill results from Pilot Gold’s (PLG-T) early stage joint-venture project with a Turkish subsidiary of Teck Resources (TCK-T, TCK-N) sent the junior explorer’s shares up 3% to $1.87, with 1.8 million shares changing hands.


Richmont delivers double whammy in Quebec

Richmont Mines (RIC-T, RIC-X) has found itself in a tough spot, with shares sinking to a new 52-week low after taking the Francoeur gold mine offline and scrapping its exploration efforts on the Wasamac gold property, both near…


Bullfrog a prince for Corvus

Vancouver-based junior Corvus Gold (KOR-T) has released an updated preliminary economic assessment (PEA) on its wholly owned North Bullfrog low-grade gold project in southern Nevada that models a heap-leach mine averaging 74,800 oz. gold…


Drillers at Western Potash's Milestone potash project in Saskatchewan, 30 km southeast of Regina. Source: Western Potash

Western Potash up on positive Milestone feasibility

Western Potash shares (WPX-T) gained nearly 7% after the company published a positive feasibility study showing its proposed Milestone potash solution mine near Regina, Sask., could produce 2.8 million tonnes of potassium chloride (KCl) a…


Gold Fields spins out two mines in SA

Gold Fields (GFI-N) is lowering its South African risk by spinning out a wholly owned subsidiary — which holds the country’s KDC and Beatrix gold mines — into a new firm called Sibanye Gold. While this may sound like a…


Drill rigs, with the Salton Sea in the background, at Teras Resources' Cahuilla gold-silver project in Imperial County, southern California. Source: Teras Resources

Teras top 1M oz. gold at Cahuilla in Cali

Calgary-based explorer Teras Resources (TRA-V) accomplished its first goal at its flagship Cahuilla gold-silver project in northwest Imperial County, California. On Nov. 30, the company pulled together historic data and results from a two-year…


A view of the creek running through Brixton Metals' Thorn property. Source: Brixton Metals

Brixton cuts high grades at Oban in 2012

VANCOUVER — Vancouver-based explorer Brixton Metals (BBB-V) cannot help but be excited by the silver-equivalent grades it has been cutting at its Thorn pollymetallic project 130km southwest of Atlin in northwestern British Columbia….


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