Bad timing for Banro
Unrest in the Democratic Republic of Congo couldn’t have come at a worse time for Banro Corp. (BAA-T), whose Twangiza gold mine started commercial production there in September.
Gold
El Nino sees progress at Murray Brook
VANCOUVER — It has been a busy year for Vancouver-based El Nino Ventures (ELN-V). The company released results from a US$3-million, 18,500-metre drill program on its Murray Brook pollymetallic massive sulphide project 60 km outside of…
Copper Mountain Mining gains traction
Mid-cap Copper Mountain Mining (CUM-T) and its majority-owned copper-gold-silver open-pit mine near Princeton in southern British Columbia, is a potential takeover target, says Orest Wowkodaw of Canaccord Genuity.
Auriga has new vision for Puffy Lake
Auriga Gold (AIA-V) wants to bring the Puffy Mine in western Manitoba back to life — only this time as a more modest and efficient operation.
Miners remain optimistic at the Quebec mining convention
Amara gets a handle on Baomahun
Amara Mining (AMZ-T) has increased the scope and its understanding of the Baomahun project in Sierra Leone.
Pretium works to conquer the Valley of the Kings
VANCOUVER — In a drive to complete a feasibility study on its wholly-owned Brucejack gold-silver project 65 kilometers north of Stewart, B.C., Vancouver-based Pretium Resources (PVG-T, PVG-N) released an updated resource estimate on its…
MAG Silver faces activists in Mexico
Local media reports that landholders from the local community of Ejido have voted to expel MAG Silver (MAG-T) from its Cinco de Mayo property in Mexico and ban mining in the area for 100 years have sent shares in the mining company down by…
Iamgold’s Q3 profit misses the mark
Iamgold (IMG-T, IAG-N) took a hit after posting a weak third-quarter profit thanks to lower gold production and sales.
Osisko to acquire Queenston
It’s not easy these days for chief executives and their boards to strike a balance between shareholders who scream for growth and those who demand consistent free cash flow and higher dividends.
Bidgood results out ahead of good bid
Shortly before receiving a takeover offer from Osisko Mining (OSK-T), Queenston Mining (QMI-T) released some positive drill results from its Bidgood gold project in Kirkland Lake, Ontario.
Magellan’s bright outlook at Coringa
Magellan Minerals (MNM-V) has completed a preliminary economic assessment (PEA) of its Coringa gold deposit in Brazil’s Tapajos province. It concludes that strong economics justify moving the project to the feasibility stage, with a…