News

Troy models low-cost gold mine at West Omai in Guyana

VANCOUVER — With lower overall gold prices taking hold, it’s become important for developers to find affordable projects — and Latin America-focused Troy Resources’ (TSX: TRY; US-OTC: TRYRF) wholly owned West Omai gold…





OceanaGold posts strong finish in 2013

OceanaGold (TSX: OGC; US-OTC: OGDCF; ASX: OGC) exceeded its gold and copper production guidance for 2013 at lower than planned costs, while slashing debt by US$45 million in the fourth quarter, the company reports.


Adanac Moly renews pleas for takeover

For the last two years, Adanac Molybdenum (TSXV: AUA; US-OTC: AUAYF) has tried to find a buyer for all or part of the companyl, and its Ruby Creek molybdenum project in B.C.


Toronto Stock Exchange, Jan. 13-17

Higher gold prices — up US$5.50 during the week to US$1,254.10 per oz. — helped lift the S&P/TSX Composite Index 1.02%, or 140.68 points, to 13,888.21. The S&P/TSX Global Gold Index climbed 6.67%, or 11.12 points, to 177.81;…






A shovel dumps a load into a haul truck as Thompson Creek strips overburden in preparation to start mining the North pit at Mt Milligan. Credit: Thompson Creek Metals

Thompson Creek Metals on track

Thompson Creek Metals (TSX: TCM; NYSE: TC) is in the final stages of ramping up its Mt. Milligan mine in northern B.C., and it’s on track to reach commercial production in the first quarter of 2014.


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