Vista doubles gold reserves at Mt Todd
Vancouver – In barely five months Vista Gold (VGZ-T, VGZ-N) has doubled the gold in reserve at its Australian Mt. Todd project with an updated prefeasibility study.
Gold
Canarc scoops up Relief Canyon gold mine assets in bankruptcy auction
An 18-month search by Canarc Resource (CCM-T) for new acquisitions has culminated with the successful bid to purchase a mostly built and permitted, open-pit, heap-leach gold mine in Nevada through a bankruptcy court auction. Canarc has agreed…
Nevsun pours first gold at Bisha (January 04, 2011)
Nevsun Resources (NSU-T, NSU-X) has poured its first gold on time and under budget at Bisha, Eritrea’s first modern-day mine, the company reported today.
Fortune Minerals progressing on two fronts
Vancouver – Fortune Minerals (FT-T) goes into 2011 with big ambitions for its two feasibility-stage projects after a year of steady progress.
Atac revels in rewards
SITE VISIT
Slam cashes up to fund exploration in Ontario and New Brunswick
Slam Exploration (SXL-V) has topped up its treasury with a series of private placement financings as it prepares to resume exploration drilling early in the New Year on the Reserve Creek gold project in northern Ontario and the Silverjack base…
Avion adds to its West African portfolio
Avion Gold (AVR-T,AVGCF-O) continues to bulk up on West African gold assets as it has closed a deal to acquire the Kofi property in Mali from Axmin (AXM-V). In total Avion will pay Axmin $500,000 in cash and issuing 4.5 million shares for the…
Blue Note gets extension on Croinor acquisition
Blue Note Mining (BNT-V) has three more months to tie up its acquisition of First Gold Exploration’s (EFG-V) stake in the Croinor gold project and the Matchi-Manitou property. The deal was originally announced in July with the closing date set…
Geologix keeps its simple at Tepal
TEPALCATEPEC, MEXICO — In early 2009 Geologix Explorations (GIX-T) found itself at a turning point. The company had just decided not to exercise its right to buy the San Agustin polymetallic project …
Rio Alto to raise $50 million for La Arena
Rio Alto Mining (RIO-V, RIOAF-O) is raising $50 million in a private placement to fund its La Arena copper-gold project, 480 km northwest of Lima in Peru.
South American Gold looks to ride the Colombian gold wave
The recently re-minted South American Gold (SAGD-O) is looking to tap into Colombia’s gold potential. To do so the Richmond, Indiana-based company is aiming to acquire privately-held and Colombian-based Kata Enterprises and its 85% stake…
NovaGold makes run at Copper Canyon partner (December 22, 2010)
Just days before Christmas, NovaGold Resources (NG-T, NG-X) has surprised Copper Canyon Resources (CPY-V) by announcing plans to make an unsolicited takeover bid for the company and its 40% interest in the Copper Canyon copper-gold project in…