News

Roxgold cuts high grades at Bagassi South target

VANCOUVER — Roxgold (TSXV: ROG; US-OTC: ROGFF) is cutting strong gold grades at its wholly owned Yaramoko gold project, 200 km southwest from Burkina Faso’s capital city of Ouagadougou. The Vancouver-based explorer is set to release…


First Majestic's Del Toro project in Zacatecas, Mexico. Source: First Majestic Silver

First Majestic’s ‘bittersweet’ second quarter

VANCOUVER — Based on pure production metrics, First Majestic Silver (TSX: FR; NYSE: AG) has a lot to celebrate about its second quarter. But the significant drop in silver prices during the period put a damper on the miner’s…


Facilities at MBAC Fertilizer's Itafos Arraias phosphate project in Brazil. Source: MBAC Fertilizer

MBAC Fertilizer’s production milestone

MBAC Fertilizer (TSX: MBC; US-OTC: MBCFF) has started producing single super phosphate (SSP) powder at its Itafos Arraias project in central-northern Brazil — an area the government is calling the country’s new agricultural frontier.


Eldorado's Kisladag gold mine in western Turkey (2012). Source: Eldorado Gold

Eldorado hits the brakes on expansion, shares rises 23%

VANCOUVER — Eldorado Gold (TSX: ELD; NYSE: EGO; US-OTC: ELDXF) has joined a growing list of miners opting to cut back on exploration and development expenditures in the face of struggling commodities markets. The company announced on…



Stornoway gets the go-ahead at Renard

Stornoway Diamond (TSX: SWY; US-OTC: SWYDF) has received a positive environmental assessment decision from the Canadian government, being the last major permit the company needs to build its flagship Renard diamond mine in Quebec.


Fortune closes in on final permits at NICO

VANCOUVER — It has been a promising six months for Fortune Minerals (TSX: FT; US-OTC: FTMDF) and its advanced-stage NICO gold-cobalt-bismuth project, 160 km northwest of Yellowknife, N.W.T. The London, Ont.-based company began the year…


The view from a hill looking towards True Gold Mining's Goulagou II deposit at the Karma gold project in Burkina Faso. True Gold Mining

Equity-royalty deal lands True Gold a cool $23.5M

VANCOUVER — Money may be tight right now, but True Gold Mining (TSXV: TGM) is demonstrating that there is funding available for companies with advanced projects that are willing to be a bit creative.


Sabina keeps finding high-grade gold at Back River

Sabina Gold & Silver (TSX: SBB) is pulling strong grades from its Back River gold-silver project in Nunavut. The latest results come from the Umwelt and Llama deposits, two of the project’s four main deposits.



The mill at Bellekeno under construction in 2010 (now complete). Photo by Mike Burke.

Alexco plans potential shutdown at Bellekeno

VANCOUVER — Vancouver-based producer Alexco Resources (TSX: AXR; NYSE: AXU) is struggling with declining margins at its wholly-owned Bellekeno underground silver mine in the central Yukon. A recent and steep drop in silver prices has…


A drill rig at Banks Island Gold's Yellow Giant gold project in British Columbia's northwest coast. Source: Banks Island Gold

Banks Island set to mine gold in BC

VANCOUVER — Drilling at Banks Island Gold’s (TSXV: BOZ) Yellow Giant high-grade gold project in coastal B.C. is hitting gold along strike and beneath known mineralization, creating potential for a larger resource just as the company…


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