Iamgold falls 15% on higher expected costs
Iamgold (IMG-T, IAG-N) shares crumbled as the gold producer estimated higher operating costs for 2013, causing analysts to cut their targets.
News
Endeavour Mining rises on West African promise and production
Strong production results and a promising preliminary economic assessment had Endeavour Mining (EDV-T) shareholders feeling the love.
Karnalyte lands Indian investor for Wynyard potash
Karnalyte Resources (KRN-T) is getting a much-needed financial boost in its drive to develop its wholly owned Wynyard potash project located outside the township of Wynyard, Sask. India’s publicly traded Gujarat State Fertilizers &…
Northern Freegold homes in on Nucleus
A new resource estimate outlining a higher-grade starter zone has put the Freegold Mountain project in prime position, as owner Northern Freegold Resources (NFR-V) finalizes the project’s first economic assessment.
Eurasian scores in Turkey
After a busy 2012, Eurasian Minerals (EMX-V) is starting 2013 with a bang: in its first news release of the year the company reported the highest-grade intercept to date at Akarca, the gold-silver project in northwest Turkey where Eurasian just…
Gold Reach: Lotsa gold and copper at Ootsa
Drilling continues to return long, mineralized intercepts from the West Seel zone at Gold Reach Resources’ (GRV-V) Ootsa property in northwest B.C.
Clifton Star hits PEA milestone at Duparquet
The way forward is coming into focus for junior explorer Clifton Star Resources (CFO-V) at its multi-million ounce Duparquet gold property in northwestern Quebec, 50 km by road north of the mining town of Rouyn-Noranda. The company has…
Fipke takes legal action to stop Ekati sale
Chuck Fipke, a minority shareholder in the Ekati joint venture, is trying to block BHP Billiton (BHP-N, BLT-L) from selling its majority interest in the Ekati diamond mine to Harry Winston Diamond (HW-T, HWD-N) for US$500 million.
Ivanplats doubles vast copper resource at Kamoa in DRC
Robert Friedland’s latest venture looks to be following a familiar template. On Jan. 17, Vancouver-based Ivanplats (IVP-T) updated the resource estimate on its Kamoa copper discovery in the Democratic Republic of the Congo, boosting…
Denison to buy explorer Fission
Denison Mines (DML-T, DNN-X) is staying true to its strategy of becoming a leading uranium explorer in the eastern Athabasca basin region of Saskatchewan by agreeing to acquire Fission Energy (FIS-V) for $70 million.
Kivalliq stacks uranium resources at Angilak
It has been roughly three years since uranium explorer Kivalliq Energy (KIV-V) began drilling in earnest at its 1,377-sq.-km Angilak property in Nunavut. The company has long maintained it is looking at a district-scale play in what could…
Market news: Toronto Stock Exchange
The S&P/TSX Composite Index was up 98 points to 12,725.09 points for the period.