Gold

Aegean Metals Group president and CEO Eric Roth (far right) speaks to geologists at the Hot Maden gold-copper project in Turkey, 1,050 km east of Istanbul. Credit: Aegean Metals Group

Eric Roth’s Aegean Metals sees upside in Turkey

VANCOUVER — It was a quiet couple of years for Eric Roth after Yamana Gold (TSX: YRI; NYSE: AUY) snapped up his Extorre Gold Mines and its Cerro Moro project in Argentina for US$400 million in mid-2012. But now as president…


Newstrike Capital CEO Richard Whittall at the Ana Paula gold project in Guerrero state, Mexico. Credit: Newstrike Capital

Ana Paula will be profitable, Newstrike’s Whittall says

Newstrike Capital (TSXV: NES; US-OTC: NWSKF) president and CEO Richard Whittall is certain the upcoming preliminary economic assessment (PEA) on the company’s 2.25 million oz. Ana Paula gold project will prove it’s a…



TSX ends in negative territory, Aug. 5-8

The S&P/TSX Composite Index tumbled during the shortened trading week, losing nearly 19 points to 15,196.31. The S&P/TSX Capped Diversified Metals & Mining Index fell 15.57 points to 903.70. But gold miners stayed strong, with the…



A core-storage facility at Aquila Resources' Back Forty gold-zinc project in Michigan's Upper Peninsula. Credit: Aquila Resources

Aquila rises on positive PEA for Back Forty

Shares of Aquila Resources (TSX: AQA; US-OTC: AQARF) rose 15% after the Toronto-based firm published an updated preliminary economic assessment (PEA) for its gold- and zinc-rich Back Forty project in Michigan’s Upper Peninsula.


Timmins Gold doubles Q2 profits

Timmins Gold (TSX: TMM; NYSE-MKT: TGD) has reported a second-quarter profit of US$3.2 million, or US2¢ per share, which is double the amount earned a year ago, but below the consensus estimate of US4¢ per share.


Newmont to build mine in Suriname

After spending the past year selling off assets and slashing costs, Newmont Mining (NYSE: NEM; TSX: NMC) is moving forward with its Merian gold mine project in Suriname, and plans to spend up to $1 billion to build its first mine in the South…


Artisanal miners at West African Resources' Tanlouka gold project in Burkina Faso. Credit: West African Resources

West African charts path to low-cost gold production

VANCOUVER — In the six months since it acquired the Tanlouka gold project in Burkina Faso, West African Resources (TSXV: WAF) has drilled 124 holes, updated the resource, tested Mankanga’s metallurgy and shown that a US$44-million…


Northwest Territories' Premier Bob McLeod.

Building roads to resources a priority, says NWT premier

Mining is the largest industrial sector in the Northwest Territories (NWT), and building transportation and other important infrastructure is the key to unlocking its potential, NWT Premier Bob McLeod said at a symposium in Toronto on Aug. 6.




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