Alder gets the results that put the shine back on Rosita
The latest assays from Alder Resources’ (ALR-V) Rosita copper-gold-silver project in Nicaragua shows the company could well be on its way towards getting the site back into production.
Gold
Lake Shore closes $90M financing
Lake Shore Gold (LSG-T) has completed a $90-million public offering to strengthen its balance sheet, which was in “bad shape” even after closing several other financings this year, says Haywood Securities’…
El Gallo delivers Phase II feasibility
A feasibility study for Phase II of McEwen Mining’s (MUX-T, MUX-N) El Gallo project supports production of an additional five million oz. silver a year for seven years from the company’s mining complex in Sinaloa, Mexico. Permits to…
Turquoise Hill, Rio Tinto push ahead at Oyu Tolgoi
Turquoise Hill Resources (TRQ-T, TRQ-N), formerly known as Ivanhoe Mines, says the first construction phase at its sizeable 66%-held Oyu Tolgoi copper-gold project in Mongolia’s South Gobi desert is wrapping up, with initial production…
Continental Gold can get digging at Buritica in Colombia
Continental Gold (CNL-T) has the green light to start underground development at its Buritica project in Colombia.The company has had its environmental-impact assessment (EIA) approved, but it needs modifications to the EIA before it can…
Keegan trims projected capital costs at Esaase
Dundee Capital Markets has hiked its 12-month target price on Keegan Resources (KGN-T, KGN-X) by $1.50 to $5.50 per share after the West Africa-focused junior outlined ways of cutting capital costs by as much as US$246 million at its flagship…
Better days ahead for Thompson Creek?
Thompson Creek Metals (TCM-T, TC-N), like many mining companies, has had a tough ride over the last year. Slowing metal demand from China and falling prices have teamed up to tackle the company’s share price. In January 2011 the…
Eldorado proves its mettle in China’s goldfields
With three gold operations in China, Vancouver-based producer Eldorado Gold (ELD-T, EGO-N) has established a strong track record in a mining jurisdiction that offers a variety of challenges for international developers. Eldorado expects its…
Medusa expands, hunts for more gold
Medusa Mining’s (MML-L) vein system at its Co-O underground gold mine in the Philippines — which remains open at depth, in all directions — produced 15,557 oz. gold in the quarter ended June 30 at cash costs of US$283 per oz….
Newcrest reopens Lihir, outlines Golpu potential
Newcrest Mining (NM-T) has reopened its Lihir gold mine in Papua New Guinea (PNG) after briefly suspending operations, just as it outlines the potential of Golpu, another major PNG project.On Aug. 28 the gold miner — Australia’s…
Reservoir, Freeport hit high-grade copper at Timok
Vancouver-based explorer Reservoir Minerals (RMC-V) is seeing its 2012 exploration program at its Timok copper-gold property in Eastern Serbia pay off in a big way, and major producer Freeport-McMoRan Copper & Gold (FCX-N) has taken notice….
Mindoro gets the grade
It’s been a busy summer in the corporate offices of Mindoro Resources (MIO-V), and now the company has stellar results from the field to throw into the mix.While the past few months have been more about private placements and…