It wasn’t just Barrick Gold (ABX-T, ABX-N) and its shareholders that took it on the chin yesterday after news that construction on the Chilean side of the Pascua-Lama project had been suspended in response to environmental and regulatory…
VANCOUVER — Sandspring Resources’ (SSP-V) Toroparu gold project in Guyana is sporting strengthened economics after a prefeasibility study lowered anticipated capital costs and increased gold recoveries, compared to the previous plan.
Investors showed fatigue with complications at Barrick Gold’s (ABX-T, ABX-N) Pascua Lama project.
Geologist Scott McLean and geophysicist Keven Stevens set up privately held HTX Minerals in late 2007 and started raising capital for the start-up exploration company in January 2008.
VANCOUVER –Mining companies and resource investors are going to have a tough time believing Hanlong Group if it tables another takeover offer. Twice the huge Chinese energy and resource company has offered to take over junior miners but…
VANCOUVER — Australian-based gold producer Troy Resources (TRY-T, TRY-A) could send its mine-building team into the jungles of Guyana, if it’s successful with a US$200-million bid for explorer Azimuth Resources (AZH-T, AZH-A) and…
During an interview in Toronto with The Northern Miner last year, Amara Mining (AMZ-T, AMA-L) chief executive Peter Spivey said the London-based company would release an updated resource estimate in the first quarter of 2013 defining a large,…
VANCOUVER — For US$438 million, Gold Canyon Resources (GCU-V) could transform its Springpole project in northern Ontario into profitable gold-silver mine, according to a new preliminary economic assessment (PEA).
Banro (BAA-T, BAA-X) intends to secure a larger financing package of up to US$100 million to get its delayed Namoya gold project in the Maniema province of the Democratic Republic of the Congo (DRC) into production by year-end.
VANCOUVER — Nothing draws Canadian explorers quite like an emerging mineral discovery that looks to have district-scale potential. This is proving to be the case with Fission Energy (FIS-V) and Alpha Minerals’ (AMW-V) Patterson Lake…
North American Palladium (PDL-T, PAL-X), or NAP for short, has done some spring cleaning, selling its non-core gold division to Maudore Minerals (MAO-V) one day after appointing a new CEO to oversee the expansion of its prized Lac des…
VANCOUVER — Goldman Sachs has cut its iron ore price forecasts and downgraded its Rio Tinto (RIO-N, RIO-L) recommendation from “neutral” to “sell.” The reason? More than 90% of the company’s 2012 earnings…
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