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NGEx Resources' Los Helados copper-gold-silver project in Chile.  Credit: NGEx Resources

NGEx’s Los Helados PEA comes with hefty capex

VANCOUVER — There’s a lot of low-grade copper at NGEx Resources’ (TSX: NGQ; US-OTC: NGQRF) Los Helados project, situated 77 km northwest of Copiapo, Chile. But a newly released preliminary economic assessment (PEA) calls into…


The 250-person camp at the Fruta del Norte gold project in Ecuador, which Fortress Minerals is buying for US$240 million. Credit: Fortress Minerals

Lundin’s Fortress to buy Fruta del Norte

Kinross Gold (TSX: K; NYSE: KGC) acquired the Fruta del Norte gold project in Ecuador through its US$1.2-billion acquisition of Aurelian Resources in 2008, but heated local opposition forced the gold producer to abandon the project in 2013…


Exploration director Sonny Bernales in front of an outcropping gold-silver-copper skarn at the El Dorado target, part of Source Exploration's Las Minas project in Mexico. Credit: Source Exploration

Source chases district-scale skarn at Las Minas

VANCOUVER — Roughly 270 km east of Mexico City in the state of Veracruz, junior Source Exploration (TSXV: SOP) is thinking big. Earlier this year the company expanded a discovery at its property package in the historic Las Minas…


True Gold Mining's Karma gold mine under construction in Burkina Faso, where the company expects to pour gold in late 2015.  Credit: True Gold Mining

True Gold quickly develops North Kao at Karma

True Gold Mining (TSXV: TGM; US-OTC: RVREF) is on track to pour the first gold at its Karma project in Burkina Faso in late 2015, with the mine plan envisioning five open pits that will be developed in sequence to feed a heap-leach operation…



Drillers underground at San Gold's Rice Lake gold mine in Manitoba. Credit: San Gold

San Gold drilling points to ‘Rice Lake repeat’

VANCOUVER — It’s been a rocky time for producer San Gold (TSX: SGR; US-OTC: SGRCF) as it strives to optimize operations at its Rice Lake gold complex near Bissett, Man., but recent drilling appears to offer upside. The company is…




From left to right: Peter M.D. Bradshaw, Ronald K. Netolitzky, Ian Telfer and Mackenzie Iles Watson.

Canadian Mining Hall of Fame to fete mining leaders

The Canadian Mining Hall of Fame will honour four industry greats at its annual induction dinner on Jan. 15, 2015, in Toronto. This year’s inductees are Peter M.D. Bradshaw, Ronald K. Netolitzky, Ian Telfer and Mackenzie Iles Watson. The…



TSX Venture trends downward, Oct. 14-17

The S&P/TSX Venture Composite couldn’t break out of its funk during the shortened trading week, as it dropped 2.1%, or 17 points, en route to an 810.13-point close. Commodity futures rallied slightly, though energy prices continue to…


TSX clings to tiny gain, Oct. 14-17

After six straight weekly declines, Canada’s main stock exchange ended the trading week in positive territory — but just barely. The S&P/TSX Composite Index rose 0.32 of a point to 14,227.68, while the S&P/TSX Capped…


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