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Northern Freegold’s first resource for Revenue finds 3.7M gold equivalent oz.
Northern Freegold Resources (NFR-V) has added significantly to the overall resource at its Freegold Mountain project in Yukon thanks to an initial resource on its Revenue deposit.
Credit crunch no problem for Quartermain’s Pretium
Robert Quartermain’s Pretium Resources (PVG-T, PVG-N) has started the new year with a bang, announcing plans on Jan. 19 to raise $18.5-million in flow-through funds at $18.50 a share. The bought-deal financing led by Salman Partners represents…
Quadra FNX ups Victoria resource
Infill drilling at Quadra FNX Mining’s (QUX-T) polymetallic Victoria project in Sudbury, Ont., has increased inferred resource tonnage by 16% and raised by 32%, 26% and 4% its contained nickel, copper and total precious metals, respectively,…
Exeter completes prefeasibility on Caspiche
The Caspiche gold-copper project in northern Chile’s Maricunga gold district has a US$2.8-billion pre-tax net present value at a 5% discount rate and a pre-tax internal rate of return of 11.5%, according to Exeter Resource’s (XRC-T, XRA-X) new…
Endeavour Mining set for West African growth following merger
Vancouver – Having just completed a merger with Adamus Resources in December, Australia-based Endeavour Mining (EDV-T, EVR-A) now has a two producing mines in West Africa with several advanced projects in the pipeline.
Still lots to learn around Tasiast
With Kinross Gold’s (K-T, KGC-N) Tasiast project generating some negative headlines lately – to say nothing of the negative momentum of its share price – investors may be thinking that the shine is off the Tasiast gold project and gold mining…
Patience and perseverance set to pay-off for Axmin?
Trying to build a gold mine in a sub-Saharan African country that has never had a modern mine is never an easy task. But the process seems to have been particularly arduous on Axmin (AXM-V).
Copper market more balanced in 2013-14
Copper could see above-trend production increases in 2012, Bank of America Merrill Lynch maintains in a Jan. 24 report on base metals.
Sirius to raise 50M for U.K. potash project
London, U.K. — In northern England, the rolling hills and purple heather of the North Yorkshire Moors are more associated with tourism these days than with the area’s long-shut iron ore mines and blast furnaces. Where mining and industrial…
Hudson River gains 189% on gold assays
Shares of Ontario-focused explorer, Hudson River Minerals (HRM-V), surged on assays from its recent drill program at the Forge Lake gold property, near Wawa, Ont.
Moneta adopts shareholder rights plan
More than a month after markets applauded Moneta Porcupine Mines’ (ME-T, MPUCF-O) resource estimate encompassing three of ten distinct gold zones at its Golden Highway project east of Timmins, the company is adopting a shareholder rights plan.