Eike Batista’s boom and bust
VANCOUVER — How do you turn US$35 billion into less than US$400 million in 18 months?
Gold
Argonaut Gold wraps up Magino study
Argonaut Gold (TSX: AR; US-OTC: ARNGF) has completed a prefeasibility study (PFS) based on 40% of a 2013 resource estimate for its Magino property, 40 km northeast of Wawa, Ont. The PFS excludes underground and surface drilling data prior to…
Pacific Booker’s eye-opening victory in BC’s Supreme Court
VANCOUVER — The B.C. government’s rejection of junior Pacific Booker Minerals’ (TSXV: BKM; NYSE-MKT: PBM) environmental assessment (EA) certificate at its Morrison Lake copper–gold project, located 65 km north of…
Mark O’Dea’s True Gold proves Karma’s potential
VANCOUVER — True Gold Mining (US-OTC: RVREF) can turn its Karma gold project in Burkina Faso into an open-pit heap leach mine generating strong returns for just US$131.5 million, according to a new feasibility study.
Commentary: Rob McEwen on the outlook for 2014
Rob McEwen, chairman and chief owner of McEwen Mining, shared his thoughts with The Northern Miner about the outlook for the mining industry in 2014. McEwen Mining’s principal assets consist of the San Jose mine in Santa Cruz, Argentina…
Cowen & Co.’s picks as M&A targets in gold’s next growth stage
In a report published early last month on acquisition targets that would make sense in the gold sector, Cowen and Company mining analysts Adam Graf and Misha Levental reason that major producers of the precious metal are still profitable and…
Conflict at Buritica leaves two artisanal miners dead
Building a commercial-scale mine in Colombia is no small task.
Semafo huntsfor second Siou
Soil sampling at Semafo’s (TSX: SMF; US-OTC: SEMFF) Mana property in Burkina Faso has pinpointed a north-trending corridor measuring more than 14 km long and up to 4 km wide, 8 km north of the Siou deposit.
Golden Band to halt mining operations at La Ronge
Golden Band Resources (TSXV: GBN) is indefinitely suspending its Roy Lloyd and Golden Heart gold mines and the Jolu mill in northern Saskatchewan, starting Jan. 1, 2014.
Eurasian pushes ahead in Turkey
ISTANBUL, TURKEY — Eurasian Minerals (TSXV: EMX; NYSE-MKT: EMXX) started exploring Turkey’s Western Anatolia and Eastern Pontides mineral belts for gold and silver, as well as porphyry copper targets, more than a decade ago,…
Western Pacific partners with Quintana at Deer Trail
VANCOUVER — In November Western Pacific Resources (TSXV: WRP) was forced to extend its purchase agreement at the historic Deer Lake polymetallic mine, located 266 km southwest of Salt Lake City, Utah. But with a new strategic partner…
Asanko takes a second go at PMI
In a friendly all-share deal valued at $183 million, Asanko Gold (TSX: AKG; NYSE-MKT: AKG) plans to take over PMI Gold (TSX: PMV; ASX: PVM; US-OTC: PMVGF) to create an emerging mid-tier gold producer.