Already equal partners in the headline-grabbing Rio Grande copper-gold project in Argentina, Regulus Resources (REG-V) and Pachamama Resources (PMA-V) are making the arrangement formal and merging into one company.
Last December Benton Resources (BTC-V) launched a 1,500-metre drill program at its Sewell-West Timmins grassroots gold project in northern Ontario, 60 km west of Timmins and 40 km west of Lake Shore Gold’s (LSG-T) Timmins gold mine.
AMC Mining Consultants has given the thumbs-up to Silvercorp Metals’ (SVM-T, SVM-N) Gaocheng silver-lead-zinc project in southern China in a prefeasibility study that outlines a $73.7 million net present value at an 8% discount rate, a…
An unfriendly takeover bid of Magma Metals (MMW-T, MMW-A) by Australia’s Panoramic Resources (PAN-A) sent Magma’s shares in Toronto up 77% to close at 15¢ on Feb. 3 with nearly 3 million shares changing hands.
Half a year in, Barrick Gold’s (ABX-T, ABX-N) newly purchased Lumwana copper mine in Zambia has done little to rebut the critics who denounced Barrick’s contentious and expensive move into copper through its June 2011 takeover of…
Vancouver – Talon Metals (TLO-T) has released a slew of drill results from its extensive 2011 exploration program, showing significant iron content in both weathered and fresh rock at its Trairao project in Brazil.
A preliminary economic assessment of Queenston Mining’s (QMI-T, QNMNF-O) flagship Upper Beaver project in northern Ontario envisions production of 120,000 ounces of gold and 5.3 million pounds of copper a year at attractive cash costs…
Vancouver – Shear Diamonds (SRM-V) has been given the final ok on a renewal of its water licence for its Jericho diamond project in Nunavut.
Vancouver – NovaDx Ventures (NDX-V), once a pharmaceutical shell turned merchant bank, has now found itself on more solid footing as a specialty coal company.
All is it took was a bigger dividend and a bit of explaining for Kinross Gold (K-T, KGC-N) to gather some positive winds behind its back again.
Greater knowledge from mining and development work over the last year and a half, results from additional infill drilling and a reinterpretation of drill results have culminated in an updated resource estimate for Lake Shore Gold’s…
Vancouver – Kinross Gold (K-T, KGC-N) has announced a US$2.78-billion net loss, or $2.45 per share, for the fourth quarter of 2011 following the write-down of its assets acquired though the takeover of Red Back Mining in 2010.
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