Volume 99 Number 20 Jul 1 - 7, 2013

Corvus bumps up economics at North Bullfrog

An optimized preliminary economic assessment (PEA) for Corvus Gold’s (KOR-T) North Bullfrog open-pit gold-silver project in southern Nevada has outlined a slightly larger project with substantially better returns.  

Drilling equipment at PMI Gold's Obatan gold project. Source: PMI Gold

PMI Gold finds new prospect at Obotan

PMI Gold’s (PMV-T, PVM-A) flagship Obotan gold project — which already includes four known deposits in Ghana’s Asankrangwan gold belt (Nkran, Adubiaso, Abore and Asudai) and could produce gold as early as the second half of…

Recently built surface infrastructure at North American Palladium's Lac des Iles palladium mine near Thunder Bay, Ontario. Source: North American Palladium

NAP raises funds for Lac des Iles

North American Palladium (PDL-T, PAL-N), or NAP, secured some much-needed cash to keep expanding its Lac des Iles (LDI) primary palladium mine near Thunder Bay, Ont. 

Esperanza’s environmental permit denied

Esperanza Resources’ (EPZ-V) shares are under pressure after the Mexican federal permitting authority or Semarnat denied the environmental impact assessment for its flagship Esperanza gold-silver project in Mexico’s Morelos…

Golden Star wraps up Prestea feasibility study

Golden Star Resources (GSC-T, GSS-N) is inching closer to reopening the past-producing Prestea underground mine in Ghana, with a feasibility study on its West Reef deposit showing encouraging results.

Anaconda Mining's Pine Cove open-pit gold mine in Newfoundland's Baie Verte Peninsula. Source: Anaconda Mining

Anaconda improves with age

If you ask Dustin Angelo about Anaconda Mining (ANX-T) and its operating Pine Cove gold mine just east of Baie Verte on Newfoundland’s northeast coast, the first thing he’ll tell you is that it was a turnaround project that has…

A worker prepares samples at Mega Precious Metals' Monument Bay gold-tungsten project, 570 km northeast of Winnipeg, Manitoba. Source: Mega Precious Metals

Mega Precious Metals adds ounces at Monument Bay

VANCOUVER — A lot has changed over the past 18 months for junior explorer Mega Precious Metals (MGP-V) and its Monument Bay gold-tungsten project located 570 km northeast of Winnipeg, Man. Though gold markets have taken a beating, Mega…

Ned Goodman’s rebellion won’t take Formation

VANCOUVER — Shareholders and a Supreme Court judge stymied an attempt by 17% shareholder Dundee (DC-T) to install new management and block an asset sale at Formation Metals (FCO-T), after a disagreement over how the cobalt-focused company…

U.S. markets, June 17-21

U.S. equities were hammered following comments mid-week from U.S. Federal Reserve Chairman Ben Bernanke that the central bank would scale back its quantitative easing program later this year. At a press conference Bernanke said he expects asset…

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