Pilot Gold hits high grade in search for next Long Canyon
Vancouver – On the hunt for the next Long Canyon deposit, Fronteer spin-out Pilot Gold (PLG-T) thinks it has found just that some 75 km southeast of its original Nevada discovery.
United States
Round-up of explorers in Idaho
Ask a mining investor about gold in Idahoand Midas Gold (MAX-Tt) will likely be the first name that pops to mind. The company has put itself at the forefront of the conversation by proving up 5.8 million oz. of the yellow metal at its Golden…
Marathon Gold going the distance in Newfoundland, Idaho
Vancouver – While Marathon Gold’s (MOZ-T) flagship project sits in the centre of Newfoundland, the company is also ramping up its U.S. presence with a 20,000-metre drill program on its Golden Chest mine in Idaho and its recent acquisition of…
Romarco expands resource following extensive 2011 exploration campaign
Vancouver – Romarco Minerals (R-T) has announced an updated mineral estimate for their Haile Gold Project located along the Carolina Slate Belt in the South-eastern United States.
Yukon-Nevada restarts production at Jerritt Canyon
Vancouver – Yukon-Nevada Gold (YNG-T) has released a slew of drill results as it continues to advance its Jerritt Canyon gold mining project in Nevada.
Midway Gold derisks Nevada projects
Shares of Midway Gold (MDW-V, MDW-X) have climbed 145.12% to about $2.01apiece since the beginning of 2011, a fruitful year that saw the junior update the resource and complete a feasibility study on its Pan project, more than double its…
There’s gold in those dumps
The Sleeper gold mine in Nevada operated as a high-grade open pit from 1986-1996 and according to operations reports by its then owner, Amax Gold, about 54 million tonnes of waste were cast off in waste dumps over the course of the mine life….
Atna’s underground mine project has open-pit potential
Atna Resources (ATN-T, ATNAF-O) will start commercial underground mine production at its Pinson mine project near Winnemucca in the fourth quarter of this year, but in the meantime it’s also exploring the possibility of developing an open pit…
U.S markets rally on brighter economic picture
The bulls continued to have their way in U.S. markets over the Jan. 30 to Feb. 3 period as a strong jobs report combined with continued signs a strengthening U.S. economy to lift the Dow Jones Industrial Average to heights not seen since before…
Great Western to reap Chinese expertise
Over the last month Great Western Minerals (GWG-T) has completed a joint-venture with the Chinese to build a rare earth separation plant near its Steenkampskraal mine in South Africa, about 350 km north of Capetown, and successfully carried out…
Molycorp meets Molymet, secures US$390M in funds
U.S. rare earths producer Molycorp (MCP-N) is giving Chile-based Molibdenos y Metales (Molymet) 12.5 million shares in exchange for US$390 million. That works out to US$31.20 apiece – a 10% premium to Molycorp’s 20-day volume weighted average…
Merger of US Gold, Minera Andes goes ahead
When Rob McEwen first proposed the combination of US Gold (UXG-T, UXG-N) and Minera Andes (MAI-T, MNEAF-O) in June 2011, the chairman, chief executive and largest shareholder of both companies thought the deal easily could be completed by early…