Rio wins ruling, Ivanhoe stock falls
While being on the hook for half of a US$6-billion mine construction is hardly small potatoes, it’s a bargain compared to shouldering the burden alone.
Gold
Anaconda unloads iron ore assets in Chile
Anaconda Mining (ANX-T) has sold off its iron ore assets in Chile in a bid to pay down debt and focus on gold.
La Mancha planning second life for Hassai
For the past six years, Martin Amyot has been making an annual trek to Vancouver to try to convince investors that not only has Sudan had a gold mine in continuous operation since 1991, but also that the mine will be in operation for years to…
Amarillo posts prefeasibility study on Posse
In the Brazilian state of Goias, Amarillo Gold’s (AGC-V) Posse deposit – previously mined by Western Mining during the nineties – is surrounded by a number of large, copper-gold-nickel laterite projects.
Transition to gold
When Scott McLean packed up and left Xstrata (XTA-L) after a long and illustrious career with Falconbridge, he knew exactly what he wanted to do with his time: Find another world class mine.
Avion triples Hounde resource to 1.6M oz. gold
In less than two years, Avion Gold (AVR-T) has turned a group of early stage mineral concessions in Burkina Faso into a 1.6-million-oz. gold project, with management convinced of its further potential for growth.
Abacus advances its Ajax copper-gold project
Abacus Mining & Exploration (ame-v) has painted an interesting prospect at its joint-ventured Ajax copper-gold project near Kamloops, B.C., with a feasibility study showing the project could support a 60,000-tonne-per-day operation…
Claude finds more gold deep at Madsen
Claude Resources (CRJ-T, CGR-N) went deeper at its Madsen Project near Red Lake and found more high grade gold.
Richmont adds ounces at Monique and Wasamac
Vancouver – Richmont Mines (RIC-T) has released a resource estimate for its potentially near-term producing Monique gold deposit in Quebec shortly after issuing a resource update at Wasamac.
Welsh gold – the ‘rarest gold in the world’
London, U.K. – If you’re looking for expensive gold jewellery this holiday season -not just any old gold jewellery, mind you, but gold of such fine quality and such rarity as befits a royal family – you might want to consider passing on Welsh…
San Gold rises sharply on drill review
A review of drilling results at San Gold’s (SGR-T) Rice Lake mining complex in Manitoba did the trick, as the release seemed to remind the market of the projects prospectivity.
International Minerals completes PEA on Converse
At a base-case gold price of US$1,300 per oz. and US$25 per oz. for silver and throughput of 45,000 tonnes per day, an open-pit mine at International Minerals’ (IMZ-T) Converse project in Nevada returns a pre-tax non-discounted cash flow of…