Klondex picks up Newmont’s Midax complex
At the end of last year Klondex Mines’ (TSX: KDX; US-OTC: KLNDF) CEO Paul Huet signalled that 2014 was going to be a big year.
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New Gold finishes 2013 strong on back of New Afton
VANCOUVER — It’s been a rough ride for precious metal producers over the past twelve months, but New Gold (TSX: NGD; NYSE-MKT: NGD) executive chairman Randall Oliphant counselled investors to focus on gold’s upside during a presentation…
Pilot Gold uncovers porphyry potential at TV Tower
VANCOUVER — With a 4,900-metre, four-month drill program, Pilot Gold (TSX: PLG; US-OTC: PLGTF) has transformed the potential at its TV Tower project in Turkey from an interesting oxide gold target to a possible porphyry district.
Graphite One boosts Alaskan graphite resource
VANCOUVER — With just 28 drill holes, Graphite One Resources (TSXV: GPH; US-OTC: GPHOF) has defined the largest known high-grade flake graphite deposit in North America.
Carpathian’s RDM mine remains closed, CEO resigns
Shares of Carpathian Gold (TSX: CPN; US-OTC: CPNFF) sank 22% to 7¢ apiece after the Toronto-based miner shuffled its management, including axing its CEO, weeks after it was forced to shutter its newly producing Riacho dos Machados…
Premier wraps up pair of PEAs for Trans-Canada
North America-focused explorer Premier Gold Mines (TSX: PG; US-OTC: PIRGF) has released dual preliminary economic assessments of its 100%-owned Hardrock and Brookbank gold deposits, which make up part of its Trans-Canada project in…
Black Iron advances Ukraine iron-ore project
January was a productive month for Black Iron (TSX: BKI; US-OTC: BKIRF), which updated its bankable feasibility study and signed a rail agreement using Ukraine’s rail network to move 20 million tonnes of iron ore per year from its…
McEwen Mining gets the go-ahead for El Gallo 2
Regulatory authorities in Mexico have given the green light to McEwen Mining (TSX: MUX; NYSE: MUX) to build and operate El Gallo 2 — part of the company’s larger El Gallo silver–gold mining complex in the foothills of the…
Barrick sells another asset in Australia
Barrick Gold (TSX: ABX; NYSE:ABX) is peeling back its presence in Australia, as it prepares to take another hit on its balance sheet due to Pascua-Lama.
Sherritt’s Ambatovy reaches commercial production
Fifteen months after Sherritt International (TSX: S; US-OTC: SHERF) and its partners first started shipping nickel and cobalt of commercial quality from the massive Ambatovy mine, the nickel–laterite operation in Madagascar has reached…
Detour expects lower 2014 cash costs
Detour Gold (TSX: DGC; US-OTC: DRGDF) estimates production this year to double and cash costs to improve at its Detour Lake gold mine in northeastern Ontario.
PotashCorp’s Q4 earnings fall 46%
Potash Corp. of Saskatchewan (TSX: POT; NYSE: POT) has posted a 46% drop in its fourth-quarter 2013 earnings and a weaker-than-expected 2014 guidance, as tough market conditions linger for crop nutrients.