Klondex picks up Newmont’s Midax complex
At the end of last year Klondex Mines’ (TSX: KDX; US-OTC: KLNDF) CEO Paul Huet signalled that 2014 was going to be a big year.
United States
Highland Copper buys Copperwood, builds ‘critical mass’ in Michigan
Just three months after Highland Copper (TSXV: HI; US-OTC: HDRSF) worked out a deal to buy the White Pine copper project in northern Michigan from a subsidiary of First Quantum Minerals (TSX: FM; US-OTC: FQVLF), the Quebec-based company is back…
Pilot Gold uncovers porphyry potential at TV Tower
VANCOUVER — With a 4,900-metre, four-month drill program, Pilot Gold (TSX: PLG; US-OTC: PLGTF) has transformed the potential at its TV Tower project in Turkey from an interesting oxide gold target to a possible porphyry district.
Graphite One boosts Alaskan graphite resource
VANCOUVER — With just 28 drill holes, Graphite One Resources (TSXV: GPH; US-OTC: GPHOF) has defined the largest known high-grade flake graphite deposit in North America.
Premier wraps up pair of PEAs for Trans-Canada
North America-focused explorer Premier Gold Mines (TSX: PG; US-OTC: PIRGF) has released dual preliminary economic assessments of its 100%-owned Hardrock and Brookbank gold deposits, which make up part of its Trans-Canada project in…
PotashCorp’s Q4 earnings fall 46%
Potash Corp. of Saskatchewan (TSX: POT; NYSE: POT) has posted a 46% drop in its fourth-quarter 2013 earnings and a weaker-than-expected 2014 guidance, as tough market conditions linger for crop nutrients.
Newmont sees rough road this year
Newmont Mining (TSX: NMC; NYSE: NEM) had a good year in 2013, but it’s bracing for challenges ahead.
Coeur’s 2014 production guidance causes concern
Coeur Mining (TSX: CDM; NYSE: CDE) has missed its 2013 silver production guidance, but delivered more gold than expected, helping it meet its silver-equivalent target. But some analysts are grumbling over the company’s…
Carlin-style gold aplenty for ATAC in the Yukon
KENO CITY, YUKON — ATAC Resources (TSXV: ATC) has discovered nine gold zones in four years, many of which offer high grades. That alone is impressive, but the kind of gold ATAC is uncovering in the eastern Yukon is equally…
NovaCopper prepares for a big year
NovaCopper (TSX: NCQ; NYSE-MKT: NCQ) will be coming out with an updated resource estimate for its Bornite carbonate-hosted copper deposit in northwestern Alaska before the end of March, and expects to kick off a prefeasibility study of Arctic,…
Macquarie’s musings on M&A, gold in 2014
Analysts in the Toronto, Vancouver and London offices of Macquarie Equities Research are forecasting more consolidation in the mining industry this year, especially amongst producers, and calculate that the average premium paid in 15 mergers…
ITH names new CEO, cuts staff to lower costs
Vancouver-based International Tower Hill Mines (TSX: ITH; NYSE-MKT: THM) is shuffling its senior management while trimming its workforce, to conserve cash while advancing its rather expensive Livengood gold project near Fairbanks,…