African Aura and Mano River to merge
If the merger between African Aura Resources (AAZ-V) and Mano River Resources (MNO-V, MNRVF-O) goes ahead, the comb…
Gold
Klondex board of directors rejects Silvercorp offer
Vancouver – Calling it “opportunistic” Klondex Mines’ (KDX-T) board of directors have rejected an all-share hostile…
Svetloye gold target grows for Fortress
Vancouver – The Svetloye gold-silver project in Russia keeps returning well-mineralized intercepts for Fortress M…
Gammon gets break on debt
Gammon Gold’s (GAM-T, GRS-N) lenders have again agreed to amend the terms of a credit facility.Gammon says t…
Long Canyon shines for Fronteer Development
Since April Fronteer Development Group (FRG-T, FRG-X) has drilled about 5,900 metres and 56 holes at its 51%-owned …
First gold pour for Centamin Egypt
Centamin Egypt (CEE-T, CNT-A, CEY-L) has poured its first gold from the Sukari Hill gold mine in Egypt’s eastern de…
Great Basin Advances Hollister And Burnstone
VANCOUVER– Trial mining and underground drilling at Great Basin Gold’s (GBG-T, GBG-X) Hollister project in Nevada have increased the gold resource there while the company works to finalize a US$129-m…
Emba Derho Scoping Study Lifts Sunridge
VANCOUVER — As Sunridge Gold (SGC-V, SGCNF-O) announces a positive scoping study for its Emba Derho copper-zinc project near Asmara, the capital of Eritrea, the company’s executive vice-president Don…
Semafo Raising $40.5M
West-Africa focused Semafo (SMF-T, SEMFF-O) plans to raise $40.5 million through a bought-deal financing, the company reports.
Mongolian Government Suspends Centerra Mining Licence
VANCOUVER– As Centerra Gold’s (CG-T, CAGDF-O) headache in Kyrgyzstan dissipates, a fresh one is building in Mongolia.
Pebble Creek Gets Key Permit In India
It’s been 13 long years in the making, but Pebble Creek Mining (PEB-V, PBLEF-O) is now just one step away from getting a mining lease for its Askot project, in the scenic foothills of the Himalayas in…
Nautilus Hones Undersea Plans
VANCOUVER — Construction of its novel deep-sea mining equipment has been on hold since December, but Nautilus Minerals is seeing opportunity rather than disappointment in its delay: the company has s…