Another Revolution for Mexico
Revolution Resources (RV-T) is set to make its mark in Mexico after the company closed a deal with Lake Shore Gold (LSG-T) to earn a 100% stake in four properties in prime gold-producing ground.
News
Eldorado’s big fat offer for European Goldfields
Eldorado Gold’s (ELD-T, EGO-N) proposed acquisition of European Goldfields (EGU-T, EGU-L) will enable increased gold production from 650,000 oz. in 2011 to over 1.4 million oz. by 2014 – or a rate of 30% on an annualized basis – the company’s…
Patagonia Gold debuts on TSX
With the backing of one of Argentina’s biggest industrialists and plans to generate free cash flow in the South American country by 2013, Patagonia Gold (PAT-T, PGD-L) and its recent listing on the Toronto Stock Exchange could generate interest…
Thompson Creek raises $270M with gold stream sale
Thompson Creek Metals (TCM-T, TC-N) has pre-sold another chunk of future gold production from its Mt. Milligan copper-gold project in B.C. to Royal Gold (RGL-T, RGLD-Q) in the face of a softened molybdenum market and two mines under…
First Point’s Decar takes shape
First Point Minerals (FPX-V) has released encouraging assays from the first nine of 36 holes from the 2011 drill program at its flagship Decar nickel-iron alloy project in central B.C.
Regulus and Pachamama soar on Argentine drill results
A newly discovered high-grade zone sent Regulus Resources (REG-V) and Pachamama Resources (PMA-V) shares flying in December.
People
Arianne Resources – Lucie Hébert resigned as CFO; Luc Boivin appointed interim CFO.
Western Lithium completes prefeasibility on Kings Valley
Jay Chmelauskas bought his 100%-electric Nissan Leaf about a month ago and charges its battery at one of two charging stations across the street from the Pan Pacific Hotel in downtown Vancouver. The car gets him around town and his family to…
Chalice Gold looks to sell Eritrean gold deposit
Chalice Gold Mines (CXN-T, CHN-A) could potentially sell its 60% stake in the Zara gold project in northern Eritrea.
Matamec signs MOU with Toyota Tsusho on Kipawa
Shares of Matamec Explorations (MAT-V) have taken off following the junior’s announcement that it signed a memorandum of understanding with the trading arm of Toyota Motor Group to fast track the development of its Kipawa rare earth deposit in…
Lumina releases more drill results for Taca Taca
Shares of Lumina Copper (LCC-V) advanced 3%, or 35¢, to close at $11.90 apiece in mid-December following news of more drill results from its Taca Taca copper-porphyry in Argentina.
Teck options into Strait’s Alicia
Teck Resources (TCK-T, TCK-N) has given Peruvian-focused junior Strait Gold (SRD-V) a boost by optioning into its Alicia copper project.