Volume 101 Number 8 Apr 6 - 12, 2015

SouthGobi Resources' Ovoot Tolgoi coal mine in Mongolia. Credit: SouthGobi Resources.

SouthGobi Resources loses appeal in Mongolian tax case

In late February Mongolian President Elbegdorj Tsakhia may have pardoned three former employees of SouthGobi Resources (TSX: SGQ) who were convicted in a tax evasion case on Jan. 30, and handed jail sentences of between five and six years, but…


Geologists Matthias Lindhuber (left) and Jim Ebisch at an adit on Adamera Minerals' Flag Hill gold project in northern Washington state. Credit: Adamera Minerals

Adamera envisions a golden future in Washington

VANCOUVER — Explorer Adamera Minerals (TSXV: ADZ; US-OTC: DDNFF) is hoping to contribute to a long history of gold mining in the prolific Cook Mountain district in northern Washington state. The region hosts Kinross Gold’s (TSX: K;…




Dynacor Gold Mines' Huanca gold mill in Peru, 450 km south of Lima, which is set to produce 75,000 to 80,000 oz. gold this year.  Credit: Dynacor Gold Mines

Dynacor’s milling strategy pays exploration costs

At a time when many junior companies are dropping like flies, Dynacor Gold Mines (TSX: DNG: US-OTC: DNGDF) generates about US$700,000 to US$800,000 in cash flow per month, has about US$13.5 million in the bank, no debt, and plans to…


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