Gold

San Gold exploration manager Bill Ferreira  at the Rice Lake gold mining complex in Bissett, Manitoba. Source: San Gold

San Gold aims to become cash positive in late 2013

San Gold (SGR-T) is striving to improve its performance while battling unfavourable market conditions and declining gold prices by re-focusing on profitability rather than on growth like many of its peers and seniors these days.




An aerial shot of HudBay's processing facilities in Flin Flon, Manitoba. Source: HudBay Minerals

Hudbay continues to build on Manitoba legacy

VANCOUVER — Canadian base metal producer Hudbay Minerals (HBM-T) laid a foundation for success on the Flin Flon greenstone belt in northern Manitoba roughly 85 years ago. During that time the company has developed 26 mines in the region…


Equipment at Sandsping Resources' Toroparu gold project in Guyana. Source: Sandspring Resources

Sandspring bolsters Toroparu economics

VANCOUVER — Sandspring Resources’ (SSP-V) Toroparu gold project in Guyana is sporting strengthened economics after a prefeasibility study lowered anticipated capital costs and increased gold recoveries, compared to the previous…


A core sample with visible gold from Rainy River Resources' namesake gold project in Ontario. Source: Rainy River Resources

Rainy River hits feasibility milestone

Rainy River Resources’ (RR-T) president and CEO Raymond Threlkeld is touting the company’s Rainy River gold deposit in northwestern Ontario as “low risk and very high return.”


Barrick Gold's Pascua-Lama gold project on the Chile-Argentina border. Source: Barrick Gold

More trouble at Pascua-Lama

Investors are getting tired of complications at Barrick Gold’s (ABX-T, ABX-N) Pascua-Lama gold project, which is perched high up in the Andes, but not so removed from the earthly troubles of cost overruns and environmental challenges.


Northern Vertex Mining's Moss gold project in Arizona. Source: Northern Vertex Mining

Northern Vertex plans for pilot production at Moss

VANCOUVER — Northern ­Vertex Mining (NEE-V) wants to get into production as soon as possible, and the junior has taken a big step in this direction with a preliminary economic assessment (PEA) of its Moss project in Arizona that lays…


Teranga Gold's Sabodala open-pit gold mine in Senegal. Source: Teranga Gold

Senegal gov’t hikes Teranga’s royalty rate

Teranga Gold (TGZ-T), which has been producing gold from its Sabodala open-pit gold mine in the Senegal since March 2009, has agreed to amend its stability agreement with the government to increase the royalty rate on production to 5% from 3%,…


Riverside forges alliance with Hochschild in Sonora

VANCOUVER — Vancouver-based project generator Riverside Resources (RRI-V) continues to add to its stable of strong partnerships in Mexico following a $2.5-million strategic alliance with London-based precious metal producer Hochschild…



Falco finds gold in Horne’s old data

Falco Pacific Resource Group (FPC-V) secured a jewel of Canada’s mining history just as markets tightened. But rather than let the conditions get it down, the company wound up proving an old adage correct: necessity is indeed the mother…


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