Asanko gets the cash for Esaase
Asanko Gold (TSX: AKG) has taken a major step towards turning its Esaase gold project in Ghana into a mine.
News
B2Gold makes all-share offer for Volta Resources
VANCOUVER — Shares of Volta Resources (TSE: VTR) doubled on Oct. 28, after the tabling of a friendly, all-share bid from diversified producer B2Gold (TSX: BTO; NYSE-MKT: BTG) values the junior gold explorer at US$63 million.
Brigus Gold could extend mine life at Black Fox
Orebodies in the Timmins camp of Ontario often surpass depths of 1,000 metres, so investors in Brigus Gold (TSX: BRD; NYSE-MKT: BRD) cheered when they heard that a downdip test hole drilled from the underground at the company’s Black Fox…
Agnico gears up La India for production
SONORA, MEXICO — Agnico Eagle Mines (TSX: AEM; NYSE: AEM) gets things done quickly: it’s on the cusp of producing gold from its La India mine in northern Mexico, less than two years after acquiring it from Grayd Resource.
Lydian rebounds on heap leach approval
VANCOUVER — Shares in Lydian International (TSX: LYD) surged 25% on news that the Armenian government had approved a new location for the heap-leach facility at the compnany’s proposed Amulsar gold mine in the country,…
‘Unprecedented’ hit at Flatreef PGM deposit
A 90-metre intersection of 4.51 grams per tonne of platinum, palladium, rhodium and gold — plus 0.37% nickel and 0.20% copper — at Ivanhoe Mines’ (TSX: IVN; US-OTC: IVPAF) Flatreef deposit in South Africa has reignited talk of…
U.S. markets, Oct. 14-18
A last-minute deal to prevent a U.S. default — along with the reopening of government offices — sent the S&P 500 into record territory, helped by a growing consensus that Washington would not taper quantitative easing until at…
Toronto Stock Exchange, Oct. 15-18
The S&P/TSX Composite Index was up 233 points to 13,136.09 for the holiday shortened period. But the gains paled in comparison to the momentum south of the border after a debt deal was reached. The performance gap between the S&P/TSX…
Enexco tables Contact PEA in Nevada
International Enexco (TSXV: IEC) is taking a measured approach to building its wholly owned Contact copper project in Nevada, with a recent prefeasibility study showing the deposit could be economically mined as a small and relatively cheap…
Adapt, survive, Excellon style
Surviving tough times in the mining cycle requires adaptability, and if an investor is looking for an example, they need not look further than Excellon Resources (TSX: EXN; US-OTC: EXLLF).
Correction
The story “Tech sector is key to Graphite One’s plan” (T.N.M., Oct. 21–27/13) incorrectly identified Anthony Huston as the president and CEO of Graphite One. In fact he is president and a director of the company….
Canadian Mining Hall of Fame to honour mining legends
The Canadian Mining Hall of Fame will honour four industry greats at its annual induction dinner on Jan. 16, 2014 in Toronto. The inductees are John (Jack) F. McOuat, C. Mark Rebagliati, Kathleen C.S. Rice and David S. Robertson. The Northern…