Richmont drops on Wasamac’s PEA
Richmont Mines (RIC-T, RIC-X) saw it shares tumble after publishing a preliminary economic assessment (PEA) for its Wasamac gold project in Rouyn-Noranda, Que.
Gold
Avion posts record March production despite Mali’s coup d’tat
An end to a coup d’état in Mali, West Africa, and strong first-quarter production numbers boosted Avion Gold’s (AVR-T) shares 9%, or 8¢, from a six-month low of 86¢ during the April 9 trading session.
Agnico-Eagle gets the shine back
Once a company achieves upper-mid-tier status, as Agnico-Eagle Mines (AEM-T) has, it is faced with a different set of problems.
Nunavut explorers off to good start for 2012
VANCOUVER — Nunavut has been a tough place for gold companies of late, what with Newmont Mining (NMC-T, NEM-N) shelving its Hope Bay project and Agnico-Eagle Mines (AEM-T, AEM-N) being forced to cut years off its Meadowbank mine in the…
Gold Standard strikes again at Railroad
VANCOUVER — It looks like Gold Standard Ventures (GV-V) has done it again. The company’s shares jumped 51% or 91¢ on April 26 following the release of new results from the North Bullion zone at its Railroad gold property…
Coeur d’Alene gets a handle on Kensington
Opening up a new mine is seldom an even process.
Belo Sun Mining raises estimate on Volta
It’s been a busy few days for Belo Sun Mining (BSX-T). On Monday the Toronto-based junior adopted a shareholder rights plan, followed on Wednesday with an updated resource estimate for the two deposits in Brazil that make up its flagship…
La Ronge district regaining some of its old shine
VANCOUVER — In the 1980s Saskatchewan’s La Ronge gold belt was booming, with between 60 and 80 companies exploring on the ground and several hundred thousand ounces being pulled out of the ground. But a tough market and mixed…
Detour sees a straight path to production
Detour Gold (DGC-T) says it’s on track to start producing gold at the Detour Lake mine near Cochrane, Ont., early next year.
Seafield shores up Miraflores
With the release of its first preliminary economic assessment on its Miraflores project in Colombia, Seafield Resources (SFF-V) has given the market something to chew on.
Speculation mounts about Iamgold’s takeover targets
Iamgold (IMG-T, IAG-N) chief executive Steve Letwin says the cash-rich miner plans to spend $400-$500 million on an acquisition in the Americas over the coming months. The mid-tier gold producer has about $1.4 billion in cash and no debt and…
Allied Nevada hot on Hycroft-Hasbrouck plan
It’s looking like a big year for Reno-based Allied Nevada Gold (AVN-T, AVN-X), with a US$1.2-billion expansion plan underway at its wholly owned Hycroft gold-silver mine in Humboldt County and a proposed US$78-million, heap-leach…