News

Goldcorp’s growth profile could eclipse Red Lake fumble

VANCOUVER — Vancouver-based major Goldcorp Inc. (G-T, GG-N) stumbled out of­­ the gate to start the year, as adverse-ground conditions and grade variability at its flagship Red Lake gold mine 230-km-northwest of Dryden, On….



Correction

The article “Augusta moves Rosemont forward” (TNM, April 23–29/12) incorrectly stated that Goldman Sachs owns 9.28% of Augusta. In fact, Goodman and Company owns 9% of the company.



African Barrick grows Nyanzaga

African Barrick Gold (ABG-L) says its Nyanzaga project has the potential to become its next gold mine in Tanzania. The company — whichBarrick Gold(ABX-T, ABX-N) spun out to hold its African gold assets — has four mines in…


European hazardous materials regulations have removed lead from solder, which is now typically 96% tin, 3.5% silver and 0.5% copper by weight. Photo by David Mellis

Tin and silver: The new electric metals

Historic high prices for tin and silver are in the cards between now and 2018 as demand for the two metals in solder used in the electronics industry continues to climb and supply fails to keep pace, Jon Hykawy, head of global research at Byron…




Ivanhoe Australia eyes Mount Elliott’s riches

Ivanhoe Australia’s (IVA-T, IVA-A) acquisition in September 2010 of the Osborne copper-gold processing complex in northwestern Queensland will help transform the company into a significant base metal producer, and much of its mill feed is…


Rio Novo Gold moves Almas forward

Rio Novo Gold (RN-T) expects to complete a definitive feasibility study on its fully owned Almas gold project in Brazil’s Tocantins state by September, and if all goes according to plan, initial production could start by July 2013. 


Drillers working at Marathon Gold's Golden Chest project in northern Idaho in February. Photo by Marathon Gold

Marathon beats chest at Golden Chest

After releasing a maiden resource estimate last month for its 50%-owned Golden Chest gold mine project in Idaho, Marathon Gold (MOZ-T) is back in the news with drill results that the junior explorer describes as a “very encouraging…


Richmont drops on Wasamac’s PEA

Richmont Mines (RIC-T, RIC-X) saw it shares tumble after publishing a preliminary economic assessment (PEA) for its Wasamac gold project in Rouyn-Noranda, Que.


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