Iamgold sells Mupane gold mine
Iamgold (IMG-T, IAG-N) has pruned the last of its non-core assets with the recent sale of the Mupane gold mine in Botswana to Galane Gold (GG-V).
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Cash-strapped Maya agrees to spend $20.5M on old Moroccan silver mine
Maya Gold & Silver (MYA-V) is buying another past-producing precious-metals mine in the Kingdom of Morocco, this time the Zgounder silver project in central Morocco’s Anti-Atlas mountains.
Nunavut gold find leaves Prosperity investors wanting more
Prosperity Goldfields (PPG-V) has drilled 157.6 metres of 1.7 grams gold per tonne at its main Kiyuk gold project in southern Nunavut, including a higher-grade section of 30.5 metres grading 4.9 grams gold. The results are from the company’s…
Lawrence Roulston’s top stock picks
“There is a huge amount of uncertainty in the financial markets right now,” says Lawrence Roulston, a geologist and the editor of the newsletter Resource Opportunities, at the recent Cambridge show in Toronto. “There is so much negativity with…
Cuoro Resources finds major new copper-gold intersection
Drilling at Santa Elena in Colombia about 140 km northeast of Medellin has returned near surface and high-grade VMS mineralization in the first six diamond drill holes, CuOro Resources (CUA-V) announced this week. Assays are pending for the…
TerraX up 26% on assay-less Newfoundland drilling update
TerraX Minerals (TXR-V) has released its second assay-less drilling update in less than a month from its Stewart gold-copper project in the Burin Peninsula of Newfoundland. Shares of the company climbed 8¢ or 26% on the news, closing at…
Difficulties of mining in Africa
Mining companies looking to do business in an African country need to be aware of the complexities they will likely face, from securing debt financing to political risks to complying with local anti-bribery laws.
Takeover bid for Hathor turns nasty
Cameco Corp.’s (CCO-T, CCJ-N) hostile takeover bid for Hathor Exploration (HAT-V) turned uglier today when the uranium producer slammed the credibility of the junior’s preliminary economic assessment of its Roughrider deposit in northern…
Investors applaud first resource for Bellhaven’s La Mina
Vancouver – Shares of Bellhaven Copper & Gold (bhv-v) jumped 14¢ or 28% on Sept. 13 to close at 64¢ on 1.2 million shares traded after the company released a maiden resource estimate for its La Mina gold-copper-porphyry project in…
Paramount wakes up Sleeper mine with new resource
Vancouver – Working to revive the past-producing Sleeper gold mine in Nevada, Paramount Gold and Silver (PZG-T, PZG-X) has released a first estimate as to how much gold could be left in the ground.
Continental finding nickel in Tanzania
Continental Nickel (CNI-V) is proving that Tanzania has more than just gold to offer metal investors. The company released strong nickel results from its Nachingwea project, which is located in south eastern Tanzania, roughly 180-km west of the…
BC regulator flags Passport Potash
The British Columbia Securities Commission (BCSC) has scrutinized Passport Potash (ppi-v) for making several disclosures touting its Holbrook potash project in Arizona.