Gold

A tailings thickener under construction at Hudbay Minerals' Constancia copper-molybdenum-silver project in southeastern Peru. Source: Hudbay Minerals

Hudbay on schedule at Constancia despite rain

VANCOUVER — Operating in the Peruvian Andes can offer a range of challenges, not the least of which is a rainy season that usually runs from September through April. And heavy rains proved to be an issue for Canadian base metal producer…



Northern Dynasty Minerals and Anglo American's Pebble copper-gold-molybdenum project in Alaska. Source: Northern Dynasty Minerals

Northern Dynasty’s scuffle with the EPA continues

VANCOUVER — When it comes to media campaigns and social relations in the mining world, there might not be a more interesting case study than Northern Dynasty Minerals’ (NDM-T, NAK-N) ongoing defense of its large Pebble…


Roxgold's Yaramoko gold project in Burkina Faso. Source: Roxgold

Roxgold advances Yaramoko

Pierre Vaillancourt of Macquarie Equities Research has initiated coverage of Roxgold (ROG-V) with an outperform rating and a 12-month target price of $1.50 per share—200% higher than its current trading price of 50¢.


SilverCrest's Santa Elena project in Sonora, Mexico. Source: SilverCrest Mines

SilverCrest bulks up Santa Elena

SilverCrest Mines (SVL-V, SVLC-X) has increased probable reserves of silver by 103% and of gold by 50% at its flagship Santa Elena mine, 150 km northeast of Hermosillo in Sonora, Mexico. Indicated resources of silver have grown by 127% and gold…


A man studies drill core at Solvista Gold's Caramanta project in Colombia. Source: Solvista Gold

Solvista rises on long gold-copper intercept at Caramanta

VANCOUVER — The intercept returned a great set of numbers: 457 metres averaging 1.01 grams gold per tonne, 0.21% copper and 2.3 grams silver per tonne, starting at surface. For the team at Solvista Gold (SVV-V), however, the real buzz…




Nevsun optimistic about new zone near Bisha

VANCOUVER — Drills probing the Northwest zone, a satellite zone 1.2 km from Nevsun Resources’ (NSU-T, NSU-N) operating Bisha gold mine in Eritrea, are finding high-grade gold, copper and zinc — just not all in the same place.


Centerra hits another roadblock at Kumtor

A swarm of protestors have blocked the only road leading to Centerra Gold’s (CG-T) Kumtor gold mine in Kyrgyzstan in a move to pressure the government to cancel the 2009 Kumtor agreement it signed with the miner.



UPDATE2: Grasberg tunnel collapse kills 28

Twenty-eight workers have died at Freeport-McMoRan Copper & Gold’s (FCX-N) Grasberg mining complex in Indonesia after the roof of an underground training facility collapsed on May 14. Ten others have been rescued.


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