News

Agnico-Eagle buys 18.6% of Mexico-focused Colibri

Major Canadian gold miner Agnico-Eagle Mines (AEM-T, AEM-N) has acquired 6 million shares and 4 million warrants of Colibri Resources (CBI-V), a junior explorer based in Nanaimo, B.C., looking for gold and polymetallic mineralization in…


Northland targets 2013 for first iron ore delivery

Northland Resources (nau-t) is set to launch its flagship Kaunisvaara iron ore project in northern Sweden in early 2013, with production of 5 million tonnes of iron ore concentrate per year expected by 2014. 



Eastern Platinum's Mareesburg platinum project in South Africa, where development has been suspended. Photo by Eastern Platinum

Eastplats stung by platinum price drop

A softening platinum market is taking a bite out of miners as companies face shrinking margins and production challenges, especially in South Africa’s prolific Bushveld complex, which accounts for 72% of global platinum output.The…



Golden Minerals, ECU to hook up

Colorado-headquartered miner Golden Minerals (AUM-T, AUNM-X) and Toronto-based ECU Silver Mining (ECU-T) agreed to merge to create a new silver mining company focused mainly in Mexico and Argentina.


Young-Davidson mine becoming a reality for Northgate

Progress at one of Ontario’s more exciting gold deposits continues un-abated as Northgate Minerals Corporation (NGX-T, NXG-X) drives to get its Young-Davidson mine into production. Northgate has already put $170 million into construction…


Revolution explores Carolina Slate Belt

Vancouver – Drilling along a 25-km-long trend is bound to lead to some mixed results, and such is the case for Revolution Resources (RV-T) at its Champion Hills project in North Carolina.


Themac starts drilling New Mexico copper project

Newly minted copper explorer Themac Resources Group (MAC-V) has started an 18,000-metre drill program at its Copper Flat project, located 50 km southwest of Truth or Consequences, New Mexico.


St Andrew gets a lift from Taylor

St Andrew Goldfields’ (sas-t) shares got a much needed boost, springing almost 8% on the back of some positive news from its Taylor gold project near Timmins, Ont.


Premier Gold takes out Hardrock JV partner

Ewan Downie’s Premier Gold Mines (PG-T) has decided to take full control of the Hardrock gold project near Geraldton in northwestern Ontario, in which it currently owns a 70% interest. The company will acquire the remaining 30% by taking over…



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