Gold

AuRico reflects changing investment landscape

While many market watchers see the depressed state of mining equities as a historic opportunity for increased M&A activity, some miners with hoards of cash are actually turning away from acquisitions, preferring to focus on returning…



Crushing facilities at OceanaGold's Didipio copper-gold project on Luzon Island in the northern Philippines. Photo by OceanaGold

OceanaGold: What’s the dillio with Didipio?

After the financial crisis derailed the Didipio copper-gold project in 2008 and OceanaGold (OGC-T, OGC-A) was forced to put the Southeast Asian project on care and maintenance, the company says it expects to start commissioning within the next…


Buritica resource boosts Continental

Shares of Continental Gold (CNL-T) surged $1.09, or 12%, to $9.90 apiece, with more than 6 million shares changing hands on news of an updated resource estimate for the company’s Buritica project in Antioquia, Colombia.


Sulliden outlines a smaller project in Peru

While a feasibility study for ­Sulliden Gold’s (SUE-T) ­Shahuindo project in northern Peru envisions a somewhat smaller and slightly more expensive gold operation than previously thought, the project’s economics are…


Taseko Mines president and CEO Russell Hallbauer.

Taseko takes a second swing at New Prosperity

Nearly two years after its initial environmental assessment was rejected, Vancouver-based Taseko Mines (TKO-T, TGB-X) is stepping up to the plate for a second attempt at permitting its US$1.1-billion New Prosperity copper-gold project, 120 km…


Atacama Pacific Gold chairman Albrecht Schneider (left) and analysts view the Cerro Maricunga oxide gold deposit, 140 km northeast of Copiap, Chile. Photo by Atacama Pacific Gold

Atacama Pacific stacks oxide ounces at Cerro Maricunga

Toronto-based explorer Atacama Pacific Gold (ATM-V) has had a good run over the past four weeks. Anticipation built as Atacama neared completion on a year-long resource drill program at its wholly owned Cerro Maricunga gold property, 140 km…


Patagonia Gold to become takeover target: Hallgarten

Patagonia Gold (PAT-T, PGD-L), one of the largest landholders in the Argentine province of Santa Cruz and an exploration company that is likely to have three mines in production within the next three years, could be a takeover candidate in the…


Primero up 36% on positive tax ruling

Primero Mining (P-T, PPP-N) soared 36% after the gold-silver producer with operations in Mexico received a favourable tax ruling from Mexican authorities on its Advanced Pricing Agreement (APA).


SilverCrest increases bought deal financing

Precious metals producer SilverCrest Mines (SVL-V, SVLC-N, SVLC-X) has expanded its bought financing to $30 million from $26 million and will use the proceeds to both eliminate the remainder of its gold hedge book and beef up…


ATAC finds new Carlin-style mineralization

ATAC Resources (ATC-V) says it has discovered a third area with Carlin-type mineralization at its Pharoah target in the Yukon. The Pharoah gold discovery was the junior’s second gold discovery this year.



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