Gold-Ore and Astur Gold to merge
Vancouver – European-focused Gold-Ore Resources (GOZ-T) and Astur Gold (AST-V) have decided to join forces to create a single company with one producing gold mine and a second gold project with significant potential.
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Taca Taca gets bigger and better
After a brief stop around midnight to refuel in Panama, Ross Beaty pulls out a sleeping bag from his carry-on and spreads it in the aisle of the luxurious Gulfstream III jet he has chartered to fly a group of mining analysts to Lumina Copper’s…
Rye Patch pounces on Coeur d’Alene’s lapsed claims
Rye Patch Gold (RPM-V) shares surged 84% to 71¢ on Dec. 5 on news the junior scooped up lapsed mining claims from Coeur d’Alene Mines (CDM-T, CDE-N) in Nevada’s Rochester mining district.
Barkerville taps into Bonanza Ledge gold in BC
Barkerville Gold Mines (BGM-V) has cleared another hurdle in its quest for a modern take on the gold rush that filled the hills around Barkerville 150 years ago.
NovaGold, Barrick table feasibility on Donlin
A second feasibility study on the Donlin gold project in southwestern Alaska puts capital costs at US$6.7 billion – down from US$7 billion – and includes US$834 million for building a 500-km natural gas pipeline and US$984 million in…
London Mining gets the iron ore out of Sierra Leone
The world’s latest iron ore mine comes out of a former key producer that is looking to get back on the mining track.
PEA sets out $7.7B NPV for Orbite’s alumina project
Orbite Aluminae (ORT-T) has released some hard numbers showing the potential of its patented aluminum-extraction process and corresponding project, which it promises will transform the industry.
Intrepid Mines keeps expanding Tumpangpitu
For the third time in a little over a year, Australia-based Intrepid Mines (IAU-T, IAU-A) has added hundreds of millions of inferred tonnes at the Tujuh Bukit gold-copper project in Indonesia.
Updated: Accusations fly in Mosquito Consolidated boardroom scuffle
Vancouver – Weeks of mounting tension between opposing factions of the board of Mosquito Consolidated Gold Mines (MSQ-V) came to the fore at the company’s annual general meeting on December 16 as shareholders finally had their say in the…
Lundin completes Semblana resource
Lundin Mining (LUN-T, LUMI-O) discovered the Semblana copper deposit adjacent to its Neves-Corvo mine in southern Portugal in September last year and describes it on its website as “the first new massive sulphide deposit discovery at…
Xstrata to expand Canadian footprint through organic growth
London, U.K. – After a decade of expansion through M&A, diversified Swiss miner Xstrata (XTA-L) is turning to organic growth to provide its next generation of mines and to increase production through the expansion of others.
Coalspur makes headway at Vista
Marketable coal reserves at Coalspur Mines’ (CPT-T) flagship Vista project in Alberta have risen 20% to 313 million tonnes from the 260 million tonnes estimated in the prefeasibility study. The 313 million tonnes will come from a recoverable…