Argentex finds new silver-gold zone at Pinguino
The Tranquillo trend, a northwest regional feature that crosscuts 11 km of Argentex’s (ATX-V, AGXM-O) Pinguino property in Patagonia, Argentina, contains wide intervals of high-grade silver, the compa…
Gold
Semafo hits new high on drill results (June 28, 2010)
VANCOUVER — Semafo’s (SMF-T, SEMFF-O) share price has hit its highest level in over a decade following on-time facility upgrades, completion of a major round of financing and new high-grade gold hits…
Aurizon reads between Casa Berardi mines
VANCOUVER — With two underground gold deposits actively being mined at the Casa Berardi project in northwestern Quebec, Aurizon Mines (ARZ-T, ARK-N) recently completed a drill program to better under…
Quadra FNX loses Chinese partner for Sierra Gorda (June 28, 2010)
A Chinese utility company has walked away from a potential 50-50 joint-venture deal with recently-merged Quadra FNX Mining (QUX-T) for its Sierra Gorda copper-gold- molybdenum project and Franke coppe…
Labour problems dog Gammon at El Cubo
One year after a six-week strike shut down Gammon Gold’s (GAM-T, GRS-N) El Cubo gold-silver mine in Mexico, a second wave of labour unrest has now forced management to put the mine on care and mainten…
High-grade hits lift Fronteer
VANCOUVER — A $20-million, five-rig exploration program at the Long Canyon gold project in Nevada has quickly justified itself by returning 16.4 metres grading 21.2 grams gold per tonne in the first …
Claude revisits Amisk
VANCOUVER — Claude Resources (CRJ-T, CGR-X) has hit long intercepts of near-surface gold and silver at its Amisk gold project and high-grade drill results at its operating Seabee gold mine, both in n…
Patagonia Gold advances exploration in Argentina
Patagonia Gold (PGD-L) is all cashed up to develop larger and cheaper gold projects in Argentina’s Santa Cruz province.Earlier this month, the company raised US$18.79 million in a share placement and US$13.45 million in a similar exercise in…
Eldorado’s efforts pay off
VANCOUVER — Halfway through its $35.4-million exploration program for 2010, Eldorado Gold (ELD-T) has already defined a new zone of mineralization at its Kisladag gold mine in Turkey, expanded a new …
Paramount in new acquisition, settles failed one
Vancouver – Paramount Gold and Silver (PZG-T, PZG-N) has agreed to acquire X-Cal Resources (XCL-T) just as the…
Coeur d’Alene starts Kensington gold mine ahead of schedule
Silver and gold producer Coeur d’Alene Mines (CDM-T, CDE-N, CXC-A) has opened its third precious metals mine…
Fortress accepts superior offer from Russian company for Svetloye
Offering US$9.25 million in cash, Russian gold and silver producer JSC Polymetal has trumped an earlier offer …