Centerra sues former director over Kumtor mine expropriation
Centerra Gold (TSX: CG) has sued the new external manager of its Kumtor mine, which was seized by Kyrgyzstan last weekend, claiming that he conspired to steal the asset from the company…
Gold
Global Mining Symposium: Manitoba’s vast under-explored mineral wealth has much to offer, panel says
Manitoba has ranked in the top 20 of the Fraser Institute’s annual list of the most attractive mining jurisdictions for 21 of the last 23 years, and has an exceptional…
Mako nears commercial gold production in Nicaragua
Mako Mining (TSXV: MKO; US-OTC: MAKOF) says its San Albino gold project in northern Nicaragua may reach commercial production at the end of the second quarter. The 5000-tonne per day…
Wesdome expands Kiena Footwall zone, possible mining restart by year-end
Underground drilling by Wesdome Gold Mines (TSX: WDO) at the Kiena mine complex in Val d’Or, Quebec has expanded the high grade Footwall zone over 300 metres down plunge. Drilling…
JV Article: The creation of a new Canadian gold miner
Emerging Canadian junior Goldshore Resources ticks all the boxes to be a highly successful gold exploration and development company, says Brett Richards, Goldshore’s president and CEO. Goldshore has assembled a…
Imperial Metals launches $60.2M rights offering
British Columbia-focused base metals producer Imperial Metals (TSX: III) has announced a rights offering to raise $60.2 million, (US$49.6 million) which it will use to fund its portion of work…
Sprott and New Found Gold increase positions in Labrador Gold
Labrador Gold (TSXV: LAB) has closed a non-brokered private placement, raising $15 million from the sale of 16.7 million working capital units at a price of $0.90 each. A single unit…
Centerra moves to protect investors after Kumtor seized
Centerra Gold (TSX: CG) has kicked off a series of measures to protect shareholder rights after Kyrgyzstan seized control of the company’s Kumtor gold mine on May 17. On a…
Rio Tinto, Antipa more than double JV deposit gold resource
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has more than doubled the inferred mineral resource of the Calibre gold deposit at its Citadel copper-gold project, a joint venture with…
Continuous investment in R&D the fastest route from drill bit to dividend, says Osisko’s Roosen
In recent years, the Canadian federal government’s changes to environmental assessment legislation have impacted mineral exploration investment in Canada “pretty significantly,” Osisko Development Corp. (TSXV: ODV) CEO and co-founder Sean…
Rio Tinto takes strategic stake in Western Copper and Gold
Rio Tinto Canada is investing $25.6 million for an 8% stake in Western Copper and Gold (TSX: WRN; NYSE-AM: WRN), which is advancing its copper-gold Casino project in the Yukon….
Centerra Gold to launch arbitration against Kyrgyzstan over Kumtor mine
Centerra Gold (TSX: CG) has initiated binding arbitration against the government of the Kyrgyz Republic in a legal skirmish over the company’s Kumtor mine. In early May, lawmakers in Kyrgyzstan…