Gold Fields eyes Ontario junior for growth
Gold Fields (GFI-N) has signaled interest to acquire a majority stake in Bear Lake Gold’s (BLG-V) early-stage exploration assets, driving the Ontario-focused junior’s shares up 50% on April 10.
News
Confusion lingers over Indonesian export taxes
Earlier this month Reuters reported that Indonesia is mulling plans to slap export taxes of 25% on coal and base metals this year and as much as 50% in 2013. The measures are being contemplated as part of an effort to prevent miners from trying…
Colossus closes in on 2013 gold-production target at Serra Pelada
VANCOUVER — Toronto-based Colossus Minerals (CSI-T) is within sight of a finish line following a year-and-a-half of extensive development at its Serra Pelada high-grade polymetallic project outside the town of Curionopolis in…
Augusta inches Rosemont forward
Augusta Resource (AZC-T, AZC-X) is slowly but surely pushing its Rosemont project in Arizona towards production, by securing the sixth major permit needed to start building the massive copper project, located 50 km southeast of Tucson.
Victoria sells assets to focus on Eagle
Victoria Gold (VIT-V) is trading in Nevada for the Yukon.
Bannerman makes headway at Etango
With a recently completed definitive feasibility study now under its belt, Bannerman Resources (BAN-T) says it can step up discussions with potential development partners and other financiers for its flagship Etango project in Namibia—one…
B2Gold ups its presence in Nicaragua
B2Gold (BTO-T) is increasing its foothold in Nicaragua by agreeing to take full ownership of two of its joint-venture gold properties, and earning into two more projects in the country.
Drilling lifts Belo Sun Mining
Assay results released Apr. 5 from Volta Grande, an advanced stage exploration project in Brazil about 60 km southwest of the town of Altamira in the country’s northern state of Para, sent the shares of Belo Sun Mining (BSX-T) up 3.6% to…
Aureus makes history in Liberia with New Liberty
Aureus Mining (AUE-T, AUE-L) is taking big steps towards kick-starting development at its fully owned New Liberty gold project 90 km northwest of Monrovia, Liberia.
Ian Ball: Taking an unconventional route to the top
In the eight years since graduating from Ryerson University in Toronto with a bachelor of commerce degree, Ian Ball has made a major silver discovery in Mexico, claimed the title of senior vice-president at McEwen Mining (MAQ-T, MUX-N) and…
Ivanhoe to sell SouthGobi stake to Chalco
Ivanhoe Mines (IVN-T, IVN-N, IVN-Q) says it will sell its stake in Mongolian coal producer SouthGobi Resources (SGQ-T) to Aluminum Corporation of China (Chalco) and use the proceeds to fund development of its large Oyu Tolgoi copper-gold mine…
Locally sourced fertilizer sounds right to Stonegate
With a prefeasibility study in the bag, Stonegate Agricom (ST-T) is on track to do something that no other junior has done in the phosphate space for a long time.