Foran jumps into action in Saskatchewan
Foran Mining (FOM-V) is gaining steam at its flagship McIlvenna Bay volcanogenic massive sulphide (VMS) project in Saskatchewan, west of Flin Flon, Man.
Gold
La Ronge gold district regains its old shine
The 1980s were a booming time for the La Ronge gold belt near the town of La Ronge in north-central Saskatchewan, with between 60 and 80 companies exploring on the ground and several hundred thousand ounces mined. But a tough market and mixed…
Mega Precious Metals optimistic at Monument Bay
Mega Precious Metals’ (MGP-V) president and chief executive James Rogers has lofty plans for the company’s Monument Bay gold project in Manitoba, which was previously drilled by past operators as a potential high-grade underground…
Endeavour’s organic-growth model off to strong start
Endeavour Mining (EDV-T) has ambitions of being a mid-tier gold outfit. With two West African mines already in production, a third moving towards feasibility and a US$30-million exploration program scheduled for 2012, it appears the…
B2Gold ups its presence in Nicaragua
B2Gold (BTO-T) is increasing its foothold in Nicaragua by taking full ownership of its joint-venture gold properties, and earning into two more projects.
Rodren Drilling pitches in to help out Children’s Hospital in Winnipeg
In the mining business, daily news often involves drill results, production guidance and stock movement. But when Winnipeg-based exploration diamond driller Rodren Drilling pledges to donate up to $1 million over five years to the…
Iamgold to scoop up Trelawney
In a move to expand its Canadian portfolio, Iamgold (IMG-T, IAG-N) has tabled an offer to buy junior Trelawney Mining and Exploration (TRR-V) for its Côté Lake gold project in northern Ontario.
Agnico-Eagle gets its groove back
Once a company achieves upper mid-tier status, as Agnico-Eagle Mines (AEM-T, AEM-N) has, it is faced with different problems.
TomaGold shares jump 140% on Monster drill hole
Montreal-based TomaGold (LOT-V) has garnered a lot of attention following preliminary high-grade assay results on its Monster Lake gold property outside the town of Chibougamau, Que.
Centerra chops Kumtor’s output for 2012
Centerra Gold (CG-T) recently saw its shares plunge 15% after cutting its production forecast for the Kumtor gold mine owing to increased ice movement in the southeast section of the pit, which will restrict access to high-grade ore.
Colt quietly pursues advanced-stage exploration in Portugal
VANCOUVER — Montreal-based junior explorer Colt Resources (GTP-V) has focused on a few different projects since it hit the Toronto Venture Exchange last February, but its eye has always been on Portugal.
B2 Gold shows faith in Calibre
B2Gold (BTO-T) will help to finance Calibre Mining’s (CXB-V) exploration activities in Nicaragua by purchasing 20 million Calibre units for $5 million in cash.