Semafo gets cash for Samira Hill
In a tough gold market, Semafo (TSX: SMF; US-OTC: SEMFF) has turned a non-core asset into cash.
Gold
Ecuador Gold and Copper boosts resources at Condor
VANCOUVER — The jurisdiction may not be ideal given recent events, but Calgary-based explorer Ecuador Gold and Copper (TSXV: EGX) is outlining some sizable resources at its Condor gold-silver-copper project in Ecuador’s Zamora…
Underground work delayed at Oyu Tolgoi
Shares in Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) plunged nearly 20% after the miner’s parent company Rio Tinto (NYSE: RIO; LSE: RIO) halted underground work at the Oyu Tolgoi mine until the Mongolian parliament…
NovaCopper defines open-pit mine in Alaska
NovaCopper (TSX: NCQ; NYSE-Arca: NCQ) — a junior explorer that NovaGold Resources (TSX: NG; NYSE-Arca: NG) spun out early last year to explore and develop its Upper Kobuk mineral projects in the Ambler mining district of northwestern…
The New Prosperity battle begins again
WILLIAMS LAKE, BC — Two very different scenes played out on opposite sides of the building hosting the public hearing on the proposed New Prosperity mine in the hours before the hearing got started.
Lake Shore Q2 earnings meet expectations
Highly anticipated second-quarter results are in, and Lake Shore Gold (TSX: LSG; NYSE-Arca: LSG) delivered.
Golden Star improves gold sales
Golden Star Resources (TSX: GSC; NYSE-Arca: GSS) tipped its hand on second-quarter gold sales, and the results look good.
A fitting tribute
Mining consultancy Watts, Griffis and McOuat (WGM) hosted its fifth annual Golf for Gold charity golf tournament on July 26 at The Club at Bond Head, north of Toronto.
Baomahun closer to reality for Amara
Amara Mining’s (TSX: AMZ; LSE: AMA) Baomahun project in Sierra Leone has moved one step closer to realization.
Gabriel remains hopeful at Rosia Montana
Gabriel Resources (TSX: GBU; US-OTC) may see a positive development at its delayed Rosia Montana gold-silver deposit in west-central Romania, as the government recently highlighted the asset in its new plan to attract foreign investment,…
Timmins Gold adjusts to lower metal prices
VANCOUVER — Timmins Gold (TSX: TMM; NYSE-Arca: TGD) is striving for operational stability at its San Francisco open-pit gold mine in Sonora state, Mexico. The company announced cost-saving measures in April 2012 and has shown consistent…
Agnico pursues growth amid capital cuts
Despite the weaker gold price, slumping profits and spending cuts, Agnico Eagle Mines (TSX: AEM; NYSE: AEM) says it’s on track to grow its gold production to 1.2 million oz. by 2015.