Turkish assays delight Pilot Gold
Drill results from Pilot Gold’s (PLG-T) early stage joint-venture project with a Turkish subsidiary of Teck Resources (TCK.A-T, TCK.B-T, TCK-N) sent the junior explorer’s shares up 3.4% to $1.87 with 1.8 million…
Gold
Sunridge adds deposit to Asmara
Controlling a district rich with volcanic massive sulphides (VMS) has its advantages.
Richmont delivers double whammy in Quebec
Richmont Mines (RIC-T, RIC-X) has found itself in a tough spot, with its shares sinking to a new 52-week low, after taking the Francoeur gold mine offline and scrapping its exploration efforts on the Wasamac gold property, both near…
Thompson Creek slumps, but Mt. Milligan on track
Thompson Creek Metals (TCM-T, TC-N) is sinking deeper into the red as it builds the $1.5-billion Mount Milligan copper-gold mine in central B.C., posting a third-quarter net loss of US$48.2 million, or US29¢ a share, compared with a profit…
Kinross reports strong Q3 results
Kinross Gold (K-T, KGC-N) shares have fallen by 15% since the beginning of October, but strong third-quarter results portend a turnaround is in store, analysts say.
Banks Island moves Yellow Giant towards production
It has been a quick ride for B.C.-focused explorer Banks Island Gold (BOZ-V). Just 18 months since Banks Island signed an earn-in agreement on its Yellow Giant gold-silver property, 110 km south of Prince Rupert, the company has released a…
Auriga’s new vision for Puffy Lake
Auriga Gold (AIA-V) wants to bring the Puffy gold mine in northwestern Manitoba back to life — only this time, as a more modest and efficient operation.
Slater’s patience rewarded in Kazakhstan’s goldfields
Business partners Ian Slater and Robert Bell first set their sights on Kazakhstan mineral potential not long after the country declared independence from the Soviet Union in the early 1990s. Two decades later, their vision of developing a…
Teras releases maiden resource at Cahuilla
VANCOUVER — Calgary-based explorer Teras Resources (TRA-V) has accomplished its first goal at its flagship Cahuilla gold-silver project in northwest Imperial County, California. On Nov. 30, the company pulled together historic data and…
Gold Fields reduces its SA risk, spins out two mines
Gold Fields (GFI-N) is lowering its South African risk by spinning out its wholly-owned subsidiary that holds the KDC and Beatrix gold mines in the country into a new firm called Sibanye Gold. While this may sound like a step in the right…
Ollachea delivers for Minera IRL in Peru
Lima-based gold miner Mineral IRL (IRL-T, MIRL-L) has completed a definitive feasibility study of its wholly owned Ollachea gold project in southeastern Peru that shows the potential to build a profitable underground mine that could produce…
Astur surges on EIS
Shares of Astur Gold (AST-V) jumped 50% to $1.08 on news that authorities in Spain had issued a positive Environmental Impact Statement on its 100%-owned Salave gold project, which the junior describes as one of the largest and highest grade…