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Midas Gold's Golden Meadows project in Idaho (2011). Source: Midas Gold

Midas gets a $9.8M infusion from Teck

Midas Gold (TSX: MAX; US-OTC: MDRPF) should have enough cash to advance its Golden Meadows gold-antimony-silver project in Idaho until the end of 2014, thanks to a strong endorsement from Teck Resources (TSX: TCK.B; NYSE: TCK).


Brigus’ Grey Fox scores a higher grade

VANCOUVER — Halifax-based producer Brigus Gold (TSX: BRD; NYSE-Amex: BRD) is expanding the footprint of its Grey Fox gold discovery in northern Ontario, with an updated resource estimate on July 3 pointing to potential for underground…


Grinding equipment at EMED Mining's Rio Tinto copper mine, 65 km northwest of Seville, Spain. Source: EMED Mining

EMED aims to lock down Rio Tinto production target

VANCOUVER — It has been a lengthy process for junior EMED Mining (TSX: EMD; LSE: EMED) at the historic Rio Tinto copper mine, 65 km northwest of Seville, Spain. The company has dealt with permitting delays and volatile copper prices, but…


Rockwell’s revenue up 31%

Rockwell Diamonds (TSX: RDI) has seen some improvements in the first quarter of its fiscal 2014, after refocusing on its Middle Orange River diamond projects in South Africa’s Northern Cape province, with revenue soaring 31% to US$6.6…


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…


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