Aurizon gets Casa Berardi back up and running
Operations at Aurizon Mines’ (ARZ-T, AZK-N) flagship Casa Berardi mine in Quebec are back to normal.
News
Amara delivers on a golden promise
During an interview in Toronto with The Northern Miner last year, Amara Mining (AMZ-T, AMA-L) chief executive Peter Spivey said the London-based company would release an updated resource estimate in the first quarter of 2013 defining a large,…
Iron ore outlooks turn gloomy
VANCOUVER — Goldman Sachs has cut its iron ore price forecasts and downgraded its Rio Tinto (RIO-N, RIO-L) recommendation from “neutral” to “sell.” The reason? More than 90% of the company’s 2012 earnings…
Cost control drives Argonaut’s success
VANCOUVER — While many gold producers have been plagued by rising operating costs and shrinking profit margins, Reno-based producer Argonaut Gold (AR-T) has proven to be an exception to the norm. Though the company boosted year-on-year…
Mucho VMS for Atico in Colombia
VANCOUVER — In the midst of falling markets, Atico Mining (ATY-V) is bucking the trend with exciting drill results that keep adding to the junior’s share price momentum.
More gold at El Gallo
McEwen Mining (MUX-T, MUX-N) has built one operating mine in Mexico, is in the midst of building a second that will start producing in mid-2014 and is exploring for more on its expansive 2.02 sq. km El Gallo complex in Sinaloa state.
Positive economics for Gold Canyon’s Springpole
VANCOUVER — For US$438 million, Gold Canyon Resources (GCU-V) could transform its Springpole project in northern Ontario into profitable gold-silver mine, according to a new preliminary economic assessment (PEA).
Banro eyes US$100M financing to get back on track
Banro (BAA-T, BAA-X) intends to secure a larger financing package of up to US$100 million to get its delayed Namoya gold project in the Maniema province of the Democratic Republic of the Congo (DRC) into production by year-end.
El Chanate writedown surprises AuRico shareholders
Despite a $127-million writedown of the El Chanate mine in Sonora, Mexico, Canaccord Genuity analyst Rahul Paul says he isn’t changing his investment thesis on AuRico Gold (AUQ-T, AUQ-N) and is maintaining his US$11 price target on the…
Endeavour works to win market favour
Endeavour Mining (EDV-T) has its own way of dealing with recent stingy market valuations for gold companies: the company puts its head down and digs.
Grey Fox grows for Brigus
Brigus Gold (BRD-T, BRD-X) looks to have a bigger gold property on its hands than it anticipated.
First Point and Cliffs envision a nickel mine at Decar
VANCOUVER — A preliminary economic assessment (PEA) for the Decar project in central B.C. estimates an open-pit mine at the site could produce nickel commercially for joint-venture owners First Point Minerals (FPX-T) and Cliffs Natural…