Seabridge Puts KSM’s Mine Life At 30 Yrs
Vancouver — A preliminary economic assessment has put a US$3.4- billion price tag on the Kerr-Sulphurets- Mitchell (KSM) gold project in northwest British Columbia, but the investment would buy a 30-…
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Fresnillo Moves On MAG Silver
In what executives at MAG Silver (MAG-T, MVG-X) are calling a “take-under” bid, a subsidiary of Fresnillo (FNLPF-O, FRES-L) is offering US$4.54 per share in cash for all of MAG’s outstanding shares. M…
Vale Scales Back
As the world economy continues to unravel, Vale (RIO-N) is closing its Copper Cliff South nickel mine in Sudbury, Ont., suspending its Voisey’s Bay nickel operations in Labrador for a month next July,…
HudBay-Lundin Merger Draws Fire
Vancouver — What was supposed to be a friendly merger between HudBay Minerals (HBM-T, HBMFF-O) and Lundin Mining (LUN-T, LMC-N) is turning into a nasty battle, as groups of HudBay shareholders demand…
Jinshan Adds More Gold At Dadiangou
Jinshan Gold Mines (JIN-T, JINFF-O) has defined a higher-grade core zone within its Dadiangou gold deposit in China’s Gansu province that is likely to enhance the project’s economics. The higher-grade…
Capoose On Track For Silver Quest
Vancouver — As part of its efforts to update a historical resource estimate, Silver Quest Resources (SQI-V, SQIFF-O) has confirmed silver and gold mineralization at its Capoose property, 185 km south…
Wilco, Jessup Return More Nevada Gold For Rye Patch
Rye Patch Gold (RPM-V, RPMGF-O) has reported more gold intersections in drilling at its Wilco and Jessup projects in Nevada.
Northgate more than doubles Young-Davidson gold resource
Vancouver – Northgate Minerals (NGX-T) has been rewarded for a serious drilling effort at its Young-Davidson project in Ontario with a new resource estimate that…
Northland upgrades Tapuli magnetite resource
Vancouver – Northland Resources (NAU-T) boosted confidence in its Tapuli magnetite deposit, upgrading most of…
Pacific Rim takes on El Salvador
Pacific Rim Mining (PMU-T, PMU-X) is readying to play hardball with the government of El Salvador.
Drilling confirms trench samples at StrataGold’s Purple Heart
StrataGold (SGV-T) and 50% joint-venture partner, Newmont Overseas Exploration, received some encouraging results f…
Candente Resource completes PEA for Canariaco Norte
A long-awaited preliminary economic assessment of the Canariaco Norte project in Peru may bring Candente Resource (…