News


Gran Colombia to double Segovia’s output

Gran Colombia Gold (GCM-T) expects to nearly double production at its Segovia gold operation in Colombia to 130,000 oz. in 2012, targeting an annual output of 200,000 oz. by 2014.


SouthGobi warns of a possible suspension of activities

Just two weeks after the Aluminum Corporation of China announced that it intended to make a proportional takeover bid for up to 60% of SouthGobi Resources’ (SGQ-T) issued and outstanding shares, and Ivanhoe Mines (IVN-T, IVN-N, IVN-Q)…


At a fuchsite outcrop on the Snip-Bronson trend at Skyline Gold's Golden Triangle property in Northern British Columbia, from top: Itasca Consulting structural geologist John Fedorowich, CEO John Zbeetnoff, project geologist Brian Janes and COO Jim Sparling. Photo by Skyline Gold

Skyline scours BC’s Golden Triangle

Skyline Gold (SK-V) is hunting for high-grade gold at its Iskut property in northwest B.C.’s Golden Triangle region, with hopes of striking it big.


Correction

The article “Lundin’s NGEx targets copper and gold in Chile” (TNM, April 9–15/12) incorrectly stated that Teck Resources had earned a 51% interest last year in NGEx Resources’ GJ-Kinaskan project in B.C. In fact, Teck is an…


A worker overlooks flotation tanks at Fortuna Silver Mines' San Jose silver mine in Mexico's Oaxaca state. Photo by Ian Bickis

Fortuna sees a reversal of fortunes

Fortuna Silver Mines(FVI-T, FSM-N) is the latest company to get hammered for cost escalations after missing 2011 projections and forecasting higher costs for 2012.


Rockex advances island iron ore deposits in Ontario

The iron ore deposits on Eagle Island, Fish Island and Wolf Island at the southwestern end of Lake St. Joseph in northwestern Ontario were first detected at the turn of the century by employees of the Hudson’s Bay Company, long before…



African Gold extends mineralization at Kobada

Northern stepout holes drilled at the Kobada gold project in southern Mali will have a positive impact on a revised resource estimate due later this year, African Gold Group(AGG-V) says.


Rio may sell its diamond assets

Rio Tinto (RIO-N) is pondering whether its diamond assets have lost their sparkle. The world’s third-largest miner has launched a strategic review of three diamond mines and one advanced diamond project to determine if they fit its…


Rambler firing up production at Ming

Hard work appears to be paying off for London-based Rambler Metals and Mining (RAB-V). The company has reported three-month operational highlights, including maiden gold production details from its Ming gold-copper mine on Newfoundland’s…



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