News

Getting it right at Comstock

Struggling with broken balance sheets and non-progressive management philosophies is part of his DNA, Corrado DeGasperis says.



This year's inductees to the Canadian Mining Hall of Fame, from left: Pierre Lassonde, Gerald Grandey, Chuck Fipke and James O'Rourke. Source: Canadian Mining Hall of Fame

Canadian Mining Hall of Fame welcomes four more

Four new inductees boasting outstanding achievements in the diverse fields of diamonds, gold, uranium and copper joined the Canadian Mining Hall of Fame in the twenty-fifth annual ceremony in Toronto on Jan. 10, 2013.


Inside the mill at Capstone Mining's Minto copper mine, 240 km north of Whitehorse, Yukon. Source: Capstone Mining

Yukon exploration slow but steady in 2012

VANCOUVER — Depressed equity markets, a cool spring that kept snow on the ground and floods in June that washed out major roads meant 2012 was much quieter in the Yukon than it was in 2011.


The camp at Trilogy Metals' Bornite copper project in Alaska. Source: Trilogy Metals.

Gold, copper remain Alaska’s best undeveloped assets

VANCOUVER — Alaska did not see new mines commissioned or built in 2012, but an overview of the state’s year in mining and exploration from Avalon Development president Curt Freeman at Roundup 2013 in Vancouver showed that mining and…


A drill rig at Gold Reach Resources' Ootsa gold project in northwest British Columbia. Source: Gold Reach Resources

Roundup 2013: What’s next for BC?

VANCOUVER — To kick off a conference highlighting exploration and mining in B.C., the Yukon and Alaska, the first morning at Roundup 2013 was dedicated to an overview of all things geological in the three regions. And while the details…


A drill site in the Lynx zone - with the Phoenix zone in the background - at Atacama Pacific Gold's Cerro Maricunga gold project in Chile. Credit: Atacama Pacific Gold.

Atacama is hopeful at Cerro Maricunga

Atacama Pacific Gold (ATM-V) has bright prospects for its Cerro Maricunga gold project in Chile following the release of a positive preliminary economic assessment (PEA), which was welcomed by analysts. The project is in Region III, 140 km by…


Trouble at Pueblo Viejo?

Just two weeks after the Pueblo Viejo gold mine in the Dominican Republic entered commercial production in mid-January, joint-venture partners Barrick Gold (ABX-T, ABX-N) and Goldcorp (G-T, GG-N) face a potential squeezeplay from the government.


A drill rig at Klondex's Fire Creek property in Nevada. Credit: Klondex Mines.

Shaking it up at Klondex

Last June Klondex Mines (KDX-T) replaced its board with a new slate of directors and in September hired Paul Huet as its chief executive, a mine engineer and expert in narrow vein gold mining best known for building and permitting Great Basin…


Equipment at the Back Forty project in Michigan. Source: Aquila Resources

Back Forty gains grade but HudBay keeps project suspended

VANCOUVER – A new resource estimate for the Back Forty project in Michigan has boosted the deposit’s metal grades, but despite the improvement there is no work underway at the site because project operator HudBay Minerals (HBM-T)…



An employee walks through Chesapeake's Metates project in Mexico. Source: Chesapeake Gold

Costs creep up at Chesapeake’s Metates project

Chesapeake Gold (CKG-V) has completed a prefeasibility study (PFS) on its Metates gold-silver project in Mexico’s Durango state, showing it could annually produce 954,000 gold-equivalent oz. and 143 million lbs. zinc for 25 years.


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