Sandspring up and running in Guyana
VANCOUVER — Between completing a public listing, hitting a number of long gold intercepts in Guyana, and finalizing $14.5 million in financings, Sandspring Resources (SSP-V) has had a busy few months…
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Fire River moves ahead on Nixon Fork tailings (May 10, 2010)
Now that Fire River Gold (FAU-V) has received promising results about leftover gold in the tailings at its fly-in Nixon Fork gold mine near McGrath, Alaska, the company is evaluating how much it will …
Largo secures US$150M for Maracas
VANCOUVER — Largo Resources (LGO-V) has conditionally secured more than half the needed funds to develop its 76%-owned Maracas vanadium-platinum-group-metals project in Brazil’s Bahia state.
Cline Mining raises cash for New Elk coal mine in Colorado
VANCOUVER — Cline Mining (CMK-T) has completed a $45- million financing on the heels of a preliminary assessment for its wholly-owned New Elk coal mine project in southern Colorado.
Belvedere Resources drills Kopsa gold project in Finland
Attractive drill results from the Kopsa gold project in Finland sent the shares of Belvedere Resources (…
Ventana settles La Bodega dispute (May 07, 2010)
Vancouver – Ventana Gold (VEN-T) announced the settlement of an ownership dispute at its La Bodega gold p…
Iamgold earns US$58.8 million in Q1
Although production was down slightly, Iamgold (IMG-T, IAG-N) saw net earnings rise 12% to US$58.8 million dur…
Rio Tinto invests US$235 million in Canada
Rio Tinto (RIO-N, RIO-L) stands to be one of the biggest losers if Australia passes a proposed 40% tax on wind…
Semafo cuts Samira Hill costs by $70 per oz.
Semafo (SMF-T) expects mining costs at its Samira Hill gold mine in Niger to be 30% cheaper after a $19-millio…
Stratabound drills zinc and silver in New Brunswick
Vancouver – Stratabound Minerals (SB-V) continues to pull good-grade, near-surface zinc and silver intercepts …
Net income jumps 59% in Q1 for Alamos Gold
Higher gold prices and lower cash costs catapulted profit in the first quarter by 59% for Alamos Gold (AGI-T)….
Scorpio drills at Nuestra Senora
Scorpio Mining (SPM-T) is off to a good start with its 20,000 metre drill program at the Nuestra Senora mine 1…