Trevali finds more mineralization at Stratmat
Trevali Mining (TSX: TV; US-OTC: TREVF) has found a mineralized body outside of the 2009 resource at its Stratmat zinc-lead-silver-copper-gold project in New Brunswick.
Gold
Editorial: Swiss gold referendum ends with a whimper
One of the more bizarre political initiatives initiated by gold bugs went down in flames on Nov. 30, with 77% of Swiss voters rejecting a plan to force the Swiss National Bank (SNB) to buy 55 million oz. gold to keep in reserve.
Iamgold tackles costs, cuts 45 head office jobs
Iamgold (TSX: IMG; NYSE: IAG) is trimming the fat on its balance sheet, with hopes of returning to a cash flow positive position next year.
Imperial balances start-up and cleanup
Imperial Metals (TSX: III; US-OTC: IPMLF) has estimated cleanup costs related to the early August tailings dam failure at its Mount Polley mine at $67.4 million — less than many analysts had expected.
Continental Gold beats the odds in Colombia
Toronto-based explorer Continental Gold (TSX: CNL; US-OTC: CGOOF) is closer to developing a commercial-scale underground gold-silver mine in northwestern Colombia, with at least one analyst cheering on the progress.
TSX stays strong, Nov. 17-21
The S&P/TSX Composite Index gained for the sixth straight week, moving up 286.03 points to 15,111.13. The S&P/TSX Global Gold Index added 5.67 points to 153.41, while the S&P/TSX Capped Diversified Metals & Mining Index climbed…
Nevsun deals with human rights lawsuit, takeover rumours
VANCOUVER — Nevsun Resources (TSX: NSU; NYSE-MKT: NSU) is facing a lawsuit in the B.C. Supreme Court alleging it was complicit in the use of forced labour by local contractors at its Bisha copper-gold operation in Eritrea in East Africa….
Permit review hinders Romarco at Haile
VANCOUVER — The South Carolina Department of Health and Environment Control (SCDHEC) has received a request for review of the mine operating permit for Romarco Minerals’ (TSX: R) proposed Haile gold mine. The review filed by the…
CPM Group’s Jeffrey Christian on gold’s future
Jeffrey Christian, managing director of the CPM Group, a New York-based research consulting firm, took time out to talk to The Northern Miner about the gold price and the state of the gold mining sector.
Two suitors court Carlisle
Just two days after the ink dried on a binding joint-venture agreement between Canadian gold miner AuRico Gold (TSX: AUQ; NYSE: AUQ; CGJ) and Carlisle Goldfields (TSX: CGJ; US-OTC: CGJCF) on the junior’s Lynn Lake project in Manitoba,…
Sean Roosen on Osisko’s new plan, Virginia deal
VANCOUVER — It’s been a wild year for Sean Roosen and his team at Osisko Gold Royalties (TSX: OR; US-OTC: OKSKF), but now that the dust has settled the company looks poised to become a major player in the royalty and…
Pure Gold joins Red Lake’s ‘exploration renaissance’
RED LAKE, ONTARIO — For the management team at newly minted Pure Gold Mining (TSXV: PGM; US-OTC: LRTNF), picking up the past-producing Madsen gold project marked a return to a gold camp that has played a formative role in their…