Helio gets the numbers on SMP
Helio Resource (HRC-V) looks to have a promising project on its hands . . . especially if it can prove up the integrity of a future pit wall.
Gold
[Update] Great Basin’s great descent
Great Basin Gold (GBG-T, GBG-X) continues to tumble as it’s placed under a delisting review by the Toronto Stock Exchange, following the market response to the suspension of the company’s Burnstone gold mine in South Africa.
Pretium lowers Brucejack’s resource estimate
Pretium Resources’ (PVG-T, PVG-N) saw total resources at its Brucejack gold-silver project in northern B.C. decrease after publishing an updated resource estimate for one of the project’s underground deposits.
Strathmore diversifies with copper and gold
Strathmore Minerals (STM –T) has gained a bit of diversification.
Alder gets the results that put the shine back on Rosita
The latest assays from Alder Resources’ (ALR-V) Rosita copper-gold-silver project in Nicaragua shows the company could well be on its way towards getting the site back into production.
Lake Shore closes $90M financing
Lake Shore Gold (LSG-T) has completed a $90-million public offering to strengthen its balance sheet, which was in “bad shape” even after closing several other financings this year, says Haywood Securities’…
El Gallo delivers Phase II feasibility
A feasibility study for Phase II of McEwen Mining’s (MUX-T, MUX-N) El Gallo project supports production of an additional five million oz. silver a year for seven years from the company’s mining complex in Sinaloa, Mexico. Permits to…
Turquoise Hill, Rio Tinto push ahead at Oyu Tolgoi
Turquoise Hill Resources (TRQ-T, TRQ-N), formerly known as Ivanhoe Mines, says the first construction phase at its sizeable 66%-held Oyu Tolgoi copper-gold project in Mongolia’s South Gobi desert is wrapping up, with initial production…
Continental Gold can get digging at Buritica in Colombia
Continental Gold (CNL-T) has the green light to start underground development at its Buritica project in Colombia.The company has had its environmental-impact assessment (EIA) approved, but it needs modifications to the EIA before it can…
Keegan trims projected capital costs at Esaase
Dundee Capital Markets has hiked its 12-month target price on Keegan Resources (KGN-T, KGN-X) by $1.50 to $5.50 per share after the West Africa-focused junior outlined ways of cutting capital costs by as much as US$246 million at its flagship…
Better days ahead for Thompson Creek?
Thompson Creek Metals (TCM-T, TC-N), like many mining companies, has had a tough ride over the last year. Slowing metal demand from China and falling prices have teamed up to tackle the company’s share price. In January 2011 the…
Eldorado proves its mettle in China’s goldfields
With three gold operations in China, Vancouver-based producer Eldorado Gold (ELD-T, EGO-N) has established a strong track record in a mining jurisdiction that offers a variety of challenges for international developers. Eldorado expects its…