Positive economics for Brazilian Gold’s Sao Jorge
Gold
Glass Earth sees clear potential in New Zealand
Vancouver – New Zealand is hardly a major destination for gold exploration, but the low-profile presents possible opportunities for smaller and determined players.
South African dealmaker finds US$100 million for struggling Axmin
Turning around a penniless junior mineral explorer looking to develop a gold project in the Central African Republic, of all places, is not a job most people would relish. Taking the job without a salary in order to save the company money -…
Cedar Mountain drills untested Alaskan gold anomalies
Vancouver – While many of its peers are exploring emerging Yukon gold belts such as the White Gold district and the Selwyn Basin in their hunt for the next big Arctic gold deposit, Cedar Mountain Exploration (CED-V) has its sights set on an…
Not a sunny day for Lake Shore
Lake Shore Gold’s (LSG-T) shares plunged to a new low, a day after the company reported lower-than-expected gold grades for the second quarter, along with a year-long mill expansion delay and a reduced full-year production target.
Barrick buys 9% stake in Carpathian for $20 million
Carpathian Gold (CPN-T) has received a big credibility boost from Barrick Gold (ABX-T, ABX-N) after the major gold miner agreed to purchase $20-million worth of the junior’s shares for an approximate 9% interest.
Kinross leads majors for investments in junior gold plays
After betting US$7.1 billion last year on the expansion potential of Red Back Mining’s Tasiast gold mine in Mauritania, Kinross Gold’s (K-T, KGC-N) chief executive Tye Burt has said his company’s buying spree has come to an end for a…
Stillwater to buy Peregrine Metals
Peregrine Metals (PGM-T) saw its shares surge more than 250%, after U.S. platinum miner Stillwater Mining (SWC-N) agreed to pay US$487.1 million for the junior and its large undeveloped copper-gold project in Argentina.
Letter to the editor: How big can Cote Lake get? Depends how you stretch it!
In the cover story of The Northern Miner’s June 27-July 3, 2011 issue, staff writer Anthony Vaccaro describes Trelawney Mining and Exploration’s activity on its newly discovered Côté Lake gold deposit in the southwestern Abitibi…
North Country Gold extends Three Bluffs’ strike
Highlights from drilling at North Country Gold’s (NCG-V) Three Bluffs west zone in Nunavut include intercepts of 7.34 grams gold over 25 metres in hole 11TB104, 8.06 grams gold over 30 metres in hole 11TBC001, and 43.02 grams gold over 4 metres…
Silver Quest to raise $12M for BC, Yukon exploration
With exploration programs ongoing at three properties near New Gold’s (NGD-T) multimillion-ounce Blackwater gold project in north-central B.C., and at 17 properties near Kinross Gold’s (K-T, KGC-N) White Gold deposit in the Yukon, Silver Quest…
Iamgold completes sale of Tarkwa and Damang stake
Flush with US$667 million in cash from the sale of its 18.9% stake in the Tarkwa and Damang projects in Ghana to Gold Fields (GFI-N), Iamgold (IMG-T, IAG-N) could be on the lookout for other acquisitions in West Africa, Canaccord Wealth…