Golden Star looks to get back on track
Golden Star Resources (GSC-T, GSS-X) recently reported an initial resource estimate for its new Buesichem South deposit in Ghana, days after posting lower operating results for the second quarter.
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[Update] New Mexico junior makes math gaffe, retracts high-grade REE assays
Vancouver – A little-known junior explorer based in Elephant Butte, New Mexico (population circa 1,500), has surprised investors twice this month, first by releasing spectacular rare-earth-element assays from its Warm Springs beryllium…
Standard Chartered says gold could hit US$5,000 per oz.
After a decade-long bull market “the gold mining industry has done little to bring on new supply,” Standard Chartered concludes in a new report, arguing that the gold market is likely to be in deficit until at least 2015.
Strong drill results from Haile
Romarco Minerals (R-T) is continuing to see high-grade results from its Haile gold property in South Carolina as part of its ongoing drill program.
Wallbridge eyes producer status
It’s been a slow ride for Wallbridge Mining (WM-T), but one that has been picking up. With one spin out, another in the making and a project near production, the explorer is ready to change gears.
Joe Conway to lead combined Northgate and Primero
Only a year after Joe Conway took the helm at Primero Mining (P-T), the former Iamgold (IMG-T, IAG-N) president and CEO is set for another big change.
Rainy River rains gold
A spectacular intersect of 1,335 grams gold per tonne and 76.7 grams silver in 2 metres, just 42 metres below the surface, sent shares of Rainy River Resources (RR-V) up 29¢, or 3%, to $10.05 per share.
Fortune, Posco to hook up
To advance its Mount Klappan anthracite coal project in northwest B.C., Fortune Minerals (FT-T) is partnering with South Korean steelmaker Posco.
Pele shares surge on Eco Ridge’s PEA
Pele Mountain Resources’ (GEM-V) shares got a healthy boost on the back of a positive preliminary economic assessment (PEA) that shows its Eco Ridge rare earth element (REE) and uranium project in Elliot Lake, Ont., could potentially be…
Suppliers news
Stewart Group beefs up capacity
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Alamos Gold – Leonard Harris retired as a director.
Silvercorp rebounds on resource updates, share buyback
Bruised by the fallout of the Sino-Forest (TRE-T) debacle, Silvercorp Metals (SVM-T) has regained lost ground after several resource updates, and a proposed share buyback.