Yukon-Nevada on the rise
Yukon-Nevada Gold (YNG-T) shares saw a healthy boost following first quarter results and a recent $59-million financing, which will be used to upgrade its Jerritt Canyon gold mine in Nevada.
United States
Augusta Resource makes headway at Rosemont Copper project
The preliminary draft Environment Impact Statement on Augusta Resource’s (AZC-T, AZC-X) Rosemont Copper project near Tucson in Arizona has been delivered by the Coronado National Forest to the State of Arizona and local cooperating agencies,…
Commentary: Don’t overlook U.S. tax consequences of cross-border mining investments (June 01, 2011)
Canadian-based mining companies investing in U.S. property need to be aware of various U.S. tax provisions that could affect their return on the future sale of this property.
Cline slumps on production delays, dilutive financing
Investors disappointed with Cline Mining’s (CMK-T, CLNMF-Q) early morning announcement on May 16 that coal production in 2011 is going to be lower than expected at its recently reopened New Elk coal mine in Colorado were hit with more…
Quaterra picks up past producer in Nevada
The 1970s were not kind to the Anaconda Copper Company. Its properties were expropriated in Chile and the company was eventually taken over by Arco, an oil and gas company that wasn’t interested in the copper producer’s mineral assets, which…
Two sides hunker down at RX Exploration
A battle is brewing in the boardroom of RX Exploration (RXE-V).
NovaGold’s CEO chats about progress, George Soros
Vancouver – NovaGold Resources (NG-T, NG-N) held its first live broadcast of the company’s annual general meeting of shareholders on May 25, with long-time chief executive officer Rick Van Nieuwenhuyse providing a pleasing roundup of the…
General Moly presents at Goldman Sachs conference
Investors always like to know when chief executives buy stock in the companies they head. So it didn’t pass unnoticed last week when Bruce Hansen, chief executive of General Moly, (GMO-T, GMO-X) spent US$99,250 on the purchase of 25,000…
Cayden advances with three North American projects
Vancouver – The team behind Ghana-focused Keegan Resources (KGN-T, KGN-X) has set its sights on advancing several North American prospects though relatively new entrant Cayden Resources (CYD-V).
High metal prices make Golden Queen’s Soledad look fine
Golden Queen Mining (GQM-T) is looking to prove that there is still plenty of gold in California, even if it is of a much lower grade than what the old 49ers were used to.
Cline Mining slumps on production delays, dilutive financing
Vancouver – Investors disappointed with Cline Mining’s (CMK-T, CLNMF-Q) early morning announcement on May 16 that coal production in 2011 is going to be lower than expected at the company’s recently reopened New Elk coal mine in Colorado were…
Midway bulks up gold resource at Spring Valley (May 16, 2011)
Two years worth of drilling by Barrick Gold (ABX-T, ABX-N) has allowed joint-venture partner Midway Gold (MDW-V, MDW-X) to add significant gold resources to its Spring Valley gold project in Pershing Cty., Nev.